Who are Canada's top 1%?

Author: неталекс [424 views] 2013-09-13 09:08:02

According to the 2011 survey, there were 272,600 Canadians who had incomes of at least $191,100 in 2010. That hefty number was the cutoff to make it into the top one per cent of Canadian income earners.

That $191,100 is just the minimum to squeak into the one per cent club. Most of the people in that category earned much more. The average income among the top one per cent was twice that — $381,300.

To put this level of income into perspective, that’s almost 10 times the average Canadian income of $38,700. Since the median income of all Canadians — the point at which half earn less and half earn more — is a much smaller $27,600, that suggests that there are a few super-rich who are dramatically pulling up the average.

http://ca.news.yahoo.com/canadas-top-1-092034333.html

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