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Chitchat Sinkapore better than Canada

Discussion in 'The Courtyard Café' started by winnipegjets, Sep 13, 2017.

  1. winnipegjets

    winnipegjets Alfrescian (Inf)

    Jul 19, 2011
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    Median Canadian households income is only $70,336! Whereas Sinkapore has lots of millionaires and billionaires.

    Median individual income is $34,204. Sinkees make more money!

    LHL and gang deserves a 300 percent bonus!

    CENSUS 2016
    Census 2016: Income grows in resource-rich provinces, Ontario and Quebec lag behind

    Over the past decade, Canadian median income rose 13 per cent for individuals, with much variation between regions, according to the latest data. Here are the highlights.

    Most Canadians saw their incomes climb over the past decade as the resource sector boomed, though new census numbers underscore the dramatic variation between regions.

    The median incomes of individuals in Canada rose 12.7 per cent between 2005 and 2015, to $34,204, adjusting for inflation, Statistics Canada said Wednesday. For Canadians in all household types, median income rose 10.8 per cent between 2005 and 2015, to $70,336. That is an acceleration from the prior decade's 9.2-per-cent growth and the decline of 1.8 per cent between 1985 and 1995.

    The income data is the fourth tranche of information from the 2016 census following releases this year on population, age, language and living arrangements. It's the first time the agency has linked income data from the Canada Revenue Agency to all census respondents.

    The findings paint a picture of growth for most households, though the gains were uneven. Households in the Prairies registered rapid increases in median incomes, led by Saskatchewan where median individual incomes jumped 36 per cent in the decade. Median incomes in Ontario and Quebec, which have the highest populations and suffered steep factory job losses, saw the weakest gains. More seniors are living in low income, while the share of young children living in poverty declined.

    As a result of these shifts, Ontario's low-income rate is now close to the national average. The Atlantic provinces still have the highest low-income rates in Canada.

    "The biggest thing that jumps out, when you look at median household income, is the clustering of growth in provinces and cities," said Brian Murphy, chief of analysis for census income at Statscan. "The strong growth has been in the West, the North and Newfoundland, so areas related to high resource development, so a lot of construction follows … in the flip side of that, Ontario shows up as having below-normal growth."

    Canadians experienced sweeping economic changes in the 10-year period, with a 2008-2009 recession followed by a recovery and rapid price increases in the housing market, especially in urban areas such as Vancouver and Toronto, where average house prices nearly doubled in the decade. Because it's based on 2015 incomes, the data does not fully capture the impact of the 2015-2016 oil price collapse that slammed resource-dependent provinces such as Alberta and Newfoundland.

    Median income: The big picture

    The median income for individual Canadians rose 12.7 per cent to $34,204 over the past decade, with the heftiest gains in the oil-producing provinces.

    The median individual income in Newfoundland and Labrador rose 37 per cent to $31,754. In Saskatchewan, it increased 36 per cent to $38,299 and in Alberta it grew 25 per cent to $42,717.

    The multiyear boom in commodities prices was responsible for driving up wages in the three resource-dependent provinces. The fastest growth for individuals was in the oil sands region of Wood Buffalo, Alta., where the median income rose 49 per cent. Other areas that experienced rapid wage increases included Yorkton and Estevan in Saskatchewan.

    Meanwhile, the loss of factory positions in the country's manufacturing heartland of Ontario weighed heavily on the province. The median individual income increased 3.8 per cent to $33,359 – the slowest growth in the country.

    In areas where manufacturing was a major employer in Ontario, the median income dropped over the decade. Windsor saw the median income fall 1.5 per cent. When looking at households, the median income in Windsor declined 6.4 per cent, Tillsonburg dropped 5.7 per cent and Leamington fell 2.8 per cent.

    The release is notable for what it doesn't contain: the agency compared income trends in 2015 with the 2005 census, skipping over any comparison with the 2011 National Household Survey. That last release on 2011 incomes was controversial as a government-mandated switch to a voluntary survey resulted in lower response rates. Many researchers didn't use the data, citing it as unreliable.

    The release also didn't contain details on demographics, such as how incomes by ethnicities fared in the 10-year period, how education levels affected income trends or which occupations saw the strongest gains. Nor did it detail how income inequality changed in the past decade, or changes in income distribution.

    Cities within the oil-producing provinces experienced the steepest increase in the number of people earning more than $100,000, which is considered in the top 10 per cent of all income earners.

    In Saskatchewan, the number of these high-income earners more than tripled in North Battleford and Yorkton. In Bay Roberts, Nfld., and Okotoks, Alta., the number of individuals earning at least $100,000 nearly tripled.

    Toronto and Montreal continued to be the top two locations for individuals earning a minimum of $100,000 in 2015. But over the 10-year period, Calgary edged Vancouver out of the third spot. Calgary, which is home to major oil companies headquarters, nearly doubled the number of high-income earners while Vancouver increased its ranks by 55 per cent.

    In contrast, Toronto's high-income earners grew by 40 per cent and Montreal rose by 35 per cent.

    Canada's low-income rate – as measured by the after-tax low income measure – was 14.2 per cent in 2015 from 14 per cent a decade earlier. The measure counts a household as low income if it earns less than half of the median of households. As of 2015, the low-income threshold for someone living alone was $22,133.

    All told, 4.8 million people in Canada were considered as living in low income in 2015, compared with 4.3 million in 2005.

    Though the rate was little changed, the poverty shifted among regions and age groups. More seniors are living in low income, while the proportion of children under the age of five in low-income households declined. "While the increase was particularly strong for senior men, overall, senior women were still more likely to be in low income in 2015," Statscan said.

    By province, low income shares fell "sharply" in Newfoundland (to 15.4 per cent from 20 per cent) as well as in Saskatchewan, the agency said; in Ontario, it rose to 14.4 per cent from 12.9 per cent.

    More details on low-income trends by demographic groups will come in Statscan's November release.

    Children represent nearly a quarter of people in low-income in Canada, with almost 1.2 million kids under the age of 18 living in poorer households in 2015.

    Their share in the low-income population has been falling, helped partly by the introduction of new policies. The average child benefit that families received "has nearly doubled since the 1990s," the agency noted. Among cities, Windsor, Ont. (hit hard by a manufacturing downturn) has the highest rate in Canada of children living in low-income households. Nearly one in four kids in the city lived in low income.

    By province, Alberta has the lowest rate of kids living in poverty, while Nova Scotia and New Brunswick have the highest rates. Quebec – which has lower daycare costs and higher child benefits – is the only province where kids are less likely than adults to live in low-income households.

    By household type, single-mother families have the highest incidence of children in low-income, at 42 per cent. Two-parent families have a lower rate, at 11.2 per cent. And households with three or more children tend to have higher child poverty rates.
  2. Agoraphobic

    Agoraphobic Alfrescian Old Timer

    Sep 7, 2008
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    Canada is the BEST country in the world. She is the first among the dveloped G20 nations to legalize pot. For both medical and recreational use.

  3. eatshitndie

    eatshitndie Alfrescian (Inf)

    Jul 25, 2008
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  4. tanwahtiu

    tanwahtiu Alfrescian Old Timer

    Dec 17, 2009
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    Decline becos angmoh BE pommies rely on illegal crimes tp create wealth.

    They are Slaves Owners, coolies owners, and india indians were behind armed and fight help built BE pommies.

    Fucking ah neh betrayed the world help built an evil race pommies into super power and ended poor fuckers. They dont get a cent.

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