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chemgear · 09-11-2013, 10:14 AM

http://news.nationalpost.com/2013/09...ve-in-toronto/

Canada’s one-percenters now earn at least $191,000 per year, before tax, according to newly released data from Statistics Canada’s 2011 National Household Survey.

In that year, entry into Canada’s exclusive top one per cent of earners required making at least $191,100 — an amount seven times greater than the national median income of $29,900.

But the average income among the country’s elite earners is much higher. The top one percent earned an average of $381,000, more than 13 times the average income of Canada’s bottom 90%, who earned just $28,000. That number is also triple the average income of the country’s top 10% of earners ($134,900).

In absolute numbers, Toronto has the most one-per-centers, with more than 73,000, but that accounts for only 1.6 per cent of Toronto’s population. Calgary has the most one-percenters relative to its population: 2.9 per cent of Calgarians are in the top one per cent of income earners.

09-11-2013, 10:14 AM	#325
chemgear Franchise Player Join Date: Feb 2010 Exp:	http://news.nationalpost.com/2013/09...ve-in-toronto/ Canada’s one-percenters now earn at least $191,000 per year, before tax, according to newly released data from Statistics Canada’s 2011 National Household Survey. In that year, entry into Canada’s exclusive top one per cent of earners required making at least $191,100 — an amount seven times greater than the national median income of $29,900. But the average income among the country’s elite earners is much higher. The top one percent earned an average of $381,000, more than 13 times the average income of Canada’s bottom 90%, who earned just $28,000. That number is also triple the average income of the country’s top 10% of earners ($134,900). In absolute numbers, Toronto has the most one-per-centers, with more than 73,000, but that accounts for only 1.6 per cent of Toronto’s population. Calgary has the most one-percenters relative to its population: 2.9 per cent of Calgarians are in the top one per cent of income earners.