Statistics

The average debt in Canada is a topic that concerns many Canadians. With rising costs of living and sometimes stagnant incomes, it can be challenging to keep up with payments. However, there are solutions to this problem, and understanding the different types of debt can help. The Current State of Canadian Debt What is the … Read moreAverage Debt in Canada

Average Income in Canada for 2023 In 2023, the average income in Canada is estimated to be $59,300, marking a significant increase from the 2021 average of $54,000. The year 2023 witnessed a 3% decrease in average income, primarily due to COVID-19 restrictions impacting the Canadian economy. As of March 2022, the Canadian economy demonstrated … Read moreAverage Canadian Income