There was a time when young people in this country outearned retirement-aged Canadians. That time was long ago, and after a brief respite during the pandemic, the generational gap is widening once again.
On Wednesday Statistics Canada released its income survey of Canadians for 2024, revealing that the median aftertax income for Canadian households was $75,500 that year, more or less flat compared to 2023 after adjusting for inflation.
