Quote:
Originally Posted by Oil Stain
https://www.moneysense.ca/save/finan...lth-test-2015/
This article from 2005 says that the richest 20% in Alberta make over $290,000 per year.
When at least one quarter of the working population in Alberta are pulling in $200K a year in household income, that has to be a middle class earner.
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I think you're confused.
In one chart for Canadians it says:
Unattached individuals making $55,499 and up places you in the highest 20%.
Families of two or more making $125,010 and up places you in the highest 20%.
This is the bracket to be in the top 20%. (I.E. At least 80% of people/families earn less than you)
The same chart that has Alberta's top 20% making $290,000 also has the top 20% of all of Canada making $226,792. A huge departure from the other numbers because it's averaging. So the richest 20% would be averaged with billionaires. You could still be in the top 20% making a lot less. That's the only feasible way that the Richest 20% of Calgarians make $363,760 a year.