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What is Middle-Class Income in Canada?

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by Enoch Omololu, MSc (Econ)

Have you ever wondered where you fall on Canada’s income scale? In 2021, the median income in Canada was around $68,400 for families and individuals. According to an earlier report …

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What is Upper-Class Income in Canada?

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by Enoch Omololu, MSc (Econ)

Have you ever daydreamed about living a life of luxury, with all the extravagances money can buy? Or maybe you prefer a more modest lifestyle with just enough to cover …

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What is Lower Class Income in Canada?

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by Enoch Omololu, MSc (Econ)

Lower-class income in Canada is a significant issue, with about 8.8% of Canadians having income below the Low Income Cut-off (LICO) metric in 2014. In 2020, the low-income rate was …

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