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Canada’s Young Adults Make Less Than 50 Years Ago, Senior Incomes Surged

Maybe Canada’s peak opportunity for young adults really was in the 70s and 80s? Statistics Canada (StatCan) data shows the median income didn’t budge at all in 2024 after inflation. Since peaking in 2021, the median income hasn’t made much progress after inflation—except for older Canadians. While older demographics continue to see their real (inflation-adjusted) incomes hit new highs, younger ones saw their incomes peak nearly half a century ago. Seriously.

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