From today's StatsCan Daily:
Canadian families with two or more people had an estimated median income after taxes of $54,100 [in 2004], up about 2% from 2003 in real terms after adjusting for inflation.
Statistics Canada's low-income rate measures the percentage of families below the low-income cutoff (LICO). The LICO is a statistical measure of the income thresholds below which Canadians likely devote a larger share of income than average to the necessities of food, shelter and clothing.
In 2004, about 3.5 million people were in low income. They accounted for 11.2% of all Canadians in 2004, well below the peak of 15.7% in 1996.
Among families, the proportion living in low income after taxes declined to 7.8% in 2004 from 8.5% the year before and a high of 12.1% in 1996.
The news is not uniformly good: not all groups saw a significant improvement in their situation in 2004. But it does seem part of an encouraging trend in real incomes.