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Originally Posted by Leondros
Lol WTF?
Did you even look at the report?
I have a bunch of issues with it which I will post separately. BUT, from the methodology note:
Top 10% has a bottom threshold income of $44,000 USD per the report... The 1% has a bottom of $500,000.
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Just to take this one step further:
Quote:
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According to the 2021 Canadian Income Survey (CIS), the average income in 2021 was $53,100, and the median income was $40,500. Among large Canadian cities, Calgary had the highest average income of $60,000, and Montreal had the highest median income of $41,600
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So at roughly $60,000 ($44,000 USD), Almost half of the population of Canada is considered in the 10%. Not only that, none of these numbers take into consideration of populations under 18 not earning any money...