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Canadian Press
Thursday, May 20, 2004
OTTAWA -- Family income after taxes remained virtually unchanged between 2001 and 2002 after growing during the previous five years, says Statistics Canada. After-tax income for families of two people or more was an estimated $60,500, virtually unchanged from $60,300 in 2001 after adjustments for inflation, the agency said Thursday.
"This lack of growth was in contrast to the increase of 3.2 per cent in annual average after-tax income for these families between 1996 and 2001.''
Average after-tax income declined in 2002 for single-parent families headed by women, the agency said. However, their income gains were among the strongest between 1996 and 2002 because more single mothers had jobs.
"On average, the after-tax income for the estimated 500,000 single-parent families headed by women declined to $30,800 in 2002 from $32,500 in 2001.
"For unattached individuals, after-tax income amounted to $25,900 in 2002, up 2.4 per cent from 2001.''
After-tax income for families of two people or more remained stable in most provinces, but there was the occasional exception.
"In Alberta, after-tax income declined to $64,300 in 2002 from $65,600 in 2001.
"The biggest gain was in Nova Scotia where after-tax income for families of two or more people rose to $51,000 from $49,800.''
The agency also said that:
_Of the estimated 500,000 lone-parent families headed by women, 34.8 per cent were in low income in 2002, up from 30.1 per cent in 2001. This was the first increase in the low-income rate for these families in five years.
_An estimated 605,000 families were in low income in 2002, compared with 564,000 in 2001.
_Among families in which the major income recipient was aged 65 and older, after-tax income was estimated at $43,400.
_In 2002, families of two or more in Newfoundland and Labrador received, on average, government transfers estimated at $11,300 _ the highest in Canada and well above the national average of $7,300.
source: http://www.canada.com/ottawa/ottawacitizen/news/story.html?id=edbba3e5-a564-49d4-90ae-d0051f9b7dfe
Thursday, May 20, 2004
OTTAWA -- Family income after taxes remained virtually unchanged between 2001 and 2002 after growing during the previous five years, says Statistics Canada. After-tax income for families of two people or more was an estimated $60,500, virtually unchanged from $60,300 in 2001 after adjustments for inflation, the agency said Thursday.
"This lack of growth was in contrast to the increase of 3.2 per cent in annual average after-tax income for these families between 1996 and 2001.''
Average after-tax income declined in 2002 for single-parent families headed by women, the agency said. However, their income gains were among the strongest between 1996 and 2002 because more single mothers had jobs.
"On average, the after-tax income for the estimated 500,000 single-parent families headed by women declined to $30,800 in 2002 from $32,500 in 2001.
"For unattached individuals, after-tax income amounted to $25,900 in 2002, up 2.4 per cent from 2001.''
After-tax income for families of two people or more remained stable in most provinces, but there was the occasional exception.
"In Alberta, after-tax income declined to $64,300 in 2002 from $65,600 in 2001.
"The biggest gain was in Nova Scotia where after-tax income for families of two or more people rose to $51,000 from $49,800.''
The agency also said that:
_Of the estimated 500,000 lone-parent families headed by women, 34.8 per cent were in low income in 2002, up from 30.1 per cent in 2001. This was the first increase in the low-income rate for these families in five years.
_An estimated 605,000 families were in low income in 2002, compared with 564,000 in 2001.
_Among families in which the major income recipient was aged 65 and older, after-tax income was estimated at $43,400.
_In 2002, families of two or more in Newfoundland and Labrador received, on average, government transfers estimated at $11,300 _ the highest in Canada and well above the national average of $7,300.
source: http://www.canada.com/ottawa/ottawacitizen/news/story.html?id=edbba3e5-a564-49d4-90ae-d0051f9b7dfe
