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Today middle class families in canada are finding it easier to make ends meet thanks to more generous benefits and a middle class tax cut.
Upper middle class family income canada. A couple of weeks ago i pointed out in a column about the upper middle class that an income of 90 000 per year would put you at the 90 th percentile of the canadian income. Canada income range percent of families description quintile 1 up to 40 000 21 1 poor near poor quintile 2 40 60 000 17 9 lower middle or modest income quintile 3 60 85 000 20 4 middle income quintile 4 85 125 000 21 4 upper middle income quintile 5 over 125 000 19 2 high income or well off. Median income is the point at which half the families in a country earn more and the other half earns less. In 2015 justin trudeau spoke in an interview with peter mansbridge about the middle class tax bracket as being from 44 000 to 89 000 and a typical family of four being one that earned.
A middle class family of two or more earns between 61 929 and 88 074 per year. Right now that figure is 92 700 canadian dollars for families and 33 000 canadian. Wage growth for fall 2015 and summer 2018 are six month moving average year over year growth rates of survey of employment payrolls and hours average weekly earnings all industries including overtime as of november 2015 and june 2018.
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