immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Mortgage Debt: Median Family Income

median family income: The rest of us are up to our eyeballs in mortgage debt, according to CTV. It shows that the median family income in Canada is $76,000 -- generally higher in the West than the East -- while the median individual income is just $27,600. That means just as many individuals earn less than $27,600 as earn more and OTTAWA -- For all the growing diversity the 2011 census and related surveys have portrayed in Canada, Wednesday's final release reveals a contrasting constant: the richest of the rich in Canada are married, middle-aged white men. Statistics Canada has published the final batch of data from its new and controversial National Household Survey -- the survey meant to stand in for the long-form census scrapped by the Conservatives in 2010. The release was delayed for a month due to a glitch in the agency's formulae. (www.immigrantscanada.com). As reported in the news.