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Just so you can brace yourself, we'll start with median total income. The median is the mid-point, where half the included population is higher, and half is lower. “Total income” in this case includes income from employment, investment, government transfers, private pensions, registered retirement savings plans and other income. You know. Total. And the median total income for Canadians with an income was…$24,400. If you made more than $24,400 in 2004, congratulations, you were in the top half of income earners.
Now, before you calculate that fully half of Canadians work for less than $12.20 an hour, bear in mind that “total income” will capture part-time employees, after-school student jobs, etc. Those people will pull down the average with a low income that may not be representative of hardship. That being said, the bottom half of total income earners is also populated by people who are out of the work force and living on low incomes provided by pensions and government benefits. Many of those people do indeed have financial hardship.
The median employment income for Canadians in 2004 was $25,400. That's just counting the working folks. The highest median employment income by province was the Northwest Territories by a wide margin ($35,400), followed by the Yukon ($28,300), Ontario ($27,900) and Alberta ($27,500). Newfoundland was the lowest at $17,000.

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Looks like all those tax cuts are increasing our standard of living......?????

read the rest of this article here..

edit: average may be skewed down, but what of cost of living? PPP between places?

Just commenting... is all.

[ 09 April 2007: Message edited by: clockwork ]

Median average is not necessarily the same as mean average. For example, the median average of the set of numbers: 2, 6, 11, 22 and 40 is 11, the mid point number. If the number 12 was added to the set, the median average would then become 11.5 or the value midway between 11 and 12.

Dividing the sum of the values by the number of values gives the "mean" average, 16.2

[ 09 April 2007: Message edited by: Fidel ]

YOu know what , this stuff is important to know.... everyday we are told how great things are even though nobody feels it...

its like turning a lamp on in the dark...

A tonne of class actions have been launched in the U.S. on this issue involving $10's of billions. Nothing has been won in Canada, even though we have the same companies operating here.

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Originally posted by huberman:
Most importantly and often not factored in is the dramatic rise in unpaid overtime being worked. People are working more hours for free each year since the early 1990's.

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