(Black Press Media files)

Higher wages, child benefit increases leaving more money in Canadians’ pockets

Fewer Canadians were below the poverty line in 2017 than 2016, Statistics Canada said

When’s the last time you got a raise?

Figures released Tuesday by Statistics Canada show it may have been in 2017, when median after-tax incomes across the country rose by 3.3 per cent to $59,800, after being stagnant for two years.

Of all provinces, B.C. had the biggest hike in after-tax income, with a 7.6 per cent increase from $57,700 in 2016 t0 $62,100 2017.

The agency attributed the increase to a mix of higher wages along with a bump in child benefit amounts brought in by the federal Liberals.

READ MORE: Can the Liberals take all the credit for economic and jobs gains?

Wages themselves rose by 2.7 percent from 2016 to $92,400 in 2017.

The slight hike in income was matched by a drop in the number of Canadians living below the poverty line.

That number fell from 10.6 per cent in in 2016 to 9.5 per cent, or 3.4 million Canadians, in 2017.

Single-parent families saw the biggest decrease in poverty in 2017, with a drop from 29.2 per cent to 22.7 per cent.

The agency said drop was a continuation of a five year trend, and was linked to increases in child benefits amounts.

READ MORE: Employers to raise salaries 2.6% on average next year, says report

READ MORE: Canadians feeling more stress at work than 5 years ago, says poll


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

Green New Deal meeting in Sooke part of a larger movement

Humanity has 4,000 days left before it will be too late

Small crews battle ravenous invasive bullfrogs that gobble up native species

American bullfrogs diet includes smaller native frogs, local salamanders and songbirds

Council pursues water line extension for north Sooke

Properties affected by Highway 14 project may see water service

ArtsAlive voting begins Thursday in Oak Bay

Residents can vote for the 2019 ArtsAlive top prize

Tuesday will be mainly cloudy

Plus your weekly forecast

Oak Bay mom describes finding son ‘gone’ on first day of coroners inquest into overdose death

Jury to make recommendations based on death of Elliot Eurchuk, 16

Dash-cam video in trial of accused cop killer shows man with a gun

Footage is shown at trial of Oscar Arfmann, charged with killing Const. John Davidson of Abbotsford

Suicide confirmed in case of B.C. father who’d been missing for months

2018 disappearance sparked massive search for Ben Kilmer

Eight U.S. senators write to John Horgan over B.C. mining pollution

The dispute stems from Teck Resources’ coal mines in B.C.’s Elk Valley

Threats charge against Surrey’s Jaspal Atwal stayed

Atwal, 64, was at centre of controversy in 2018 over his attendance at prime minister’s reception in India

Anti-vaxxer Robert F. Kennedy Jr. to speak in Surrey

He’s keynote speaker at Surrey Environment and Business Awards luncheon by Surrey Board of Trade Sept. 17

Otters devour 150 trout at Kootenay hatchery

The hatchery has lost close to 150 fish in the past several months

EDITORIAL: Sooke council’s pot approach an opportunity lost

When the federal government tabled Bill 36 in September 2018, it threw… Continue reading

Sooke residents can’t be trusted to have dogs off-leash

Council delegation questions why five of seven restricted parks are in Sooke

Most Read