Canadians’ wages took major hit in 2022 amid high inflation rates: StatCan

Statistics Canada says inflation took an "outsized bite out of real annual wages, salaries and commissions" reported by tax-filers in 2022.

19 comments

I like the closing gap between the lowest earners. I just wish it wasn't due to the middle class being dragged down.
Median wage of $45k per year is wild. Tough to live comfortably on that in most cities in this country.
- This country is going down the drain fast.
70 (50 after tax) isn't even enough to pay rent on in Toronto if you have student loans... This shit is wild.
The high inflation is mainly caused by the backlash of sanctions on Russia, which didn't hurt Russia but us! Stupid economists advising Biden didn't know shite.
- Lmao no
  
  Shows how little you know about why oil prices are so high right now. Sanctions didn't work, Russia's economy actually grew and has less inflation. Ukraine attacking their oil refineries hasn't helped either.
- Now THATS A hot take.

19 comments