Statistics Canada Reports No Change in Median Income, Rise in Poverty Rate for 2023

Statistics Canada has reported that the median after-tax income for Canadian families and unattached individuals in 2023 was $68,800. This figure was unchanged from the previous year. The agency also reported that the national poverty rate rose to 9.9% in 2023, up from 9.0% in 2022.

The figures are based on the Canadian Income Survey for 2023 and cover after-tax income, including all forms of income and government transfers, with taxes subtracted. Statistics Canada did not publish separate figures for towns or communities in Northeast Ontario in this data release. The release also did not provide specific details about income or poverty rates for seniors.

All statistics and statements in this article are based on the 2023 Canadian Income Survey published by Statistics Canada.