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Richest Canadians had double-digit drop in household saving rate last year

Household income for the top quintile was $178,100 in 2021, up by 5.2% from $169,300 in 2020. Household income for the lowest quintile was $34,000 in 2021, up by 2.9% from 2021. “Most of these gains were derived from wages and salaries,” the agency said. StatsCan also released average household […]

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