Discover and read the best of Twitter Threads about #Personalincometaxes

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The highest level of 1% income is currently located in British Columbia. However, Ontario is not far behind. And if we look to province to province discrepancies, we can see that 1% earners in British Columbia earn 53% more than those in the Territories.
What percentage of Canadians make over $100,000?
Only around 11% of Canadians make more than $100,000 a year according to statistics Canada.
With the rising costs of living it is becoming increasingly difficult to live off of anything lower than a six figure salary.
How much does the average Canadian person make a year? According to Statistics Canada, the average Canadian salary in 2020 was $51,300. It's a far cry from the one-percenters average income of just over half a million dollars, and highlights the significant income gap in Canada.
Read 21 tweets
Rising number of B.C. residents moving to Alberta
Data from the 2021-2022 year shows that more than 28,000 people migrated from B.C. to Alberta, the highest total in the past two decades. It's a global phenomenon now because we have a labour shortage. vancouverisland.ctvnews.ca/number-of-peop…
The high cost of everything from housing to gas hasn't stopped people from making B.C. their home. Last year, 100,000 people moved to B.C. – a new record, according to the province. biv.com/article/2022/1…
International immigration added 53,603 people to British Columbia's population in the third quarter of 2022. This was an increase of 78.1% from the same period in 2021. This was also the first time in history that net international immigration surpassed 50,000 people in a quarter
Read 33 tweets

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