Incomes across generations, by the numbers

OTTAWA — A new study from Statistics Canada says that Canadian children have, on average, fared better financially than their parents. The study compared family incomes of parents and children at age 30 and at age 40 for those who hit those ages between 2000 and 2014. Here are some of the figures from the report, all in 2015 dollars:

For children born in 1963…

Parent’s average family income at age 40: $44,099

Child’s average family income at age 40: $55,993

For children born in 1970…

Parent’s average family income at age 30: $33,683

Child’s average family income at age 30: $40,502

Parent’s average family income at age 40: $45,483

Child’s average family income at age 40: $63,695

For children born in 1974…

Parent’s average family income at age 30: $32,759

Child’s average family income at age 30: $41,711

Parent’s average family income at age 40: $46,986

Child’s average family income at age 40: $66,923

For children born in 1980…

Parent’s average family income at age 30: $35,366

Child’s average family income at age 30: $47,189

For children born in 1984…

Parent’s average family income at age 30: $37,899

Child’s average family income at age 30: $50,018

Just Posted

WATCH: Red Deer teacher engages students with “cool” science experiments

On Thursday, he made fire dance to the beat of the music

Province purchases land for new Red Deer courthouse

Construction to begin in the fall of 2019

Parking costs in Red Deer are going up — so are parking tickets

City council raises parking rates by 25 per cent starting July 1

WATCH: Alberta Party leadership candidates in Red Deer

Three people vying to be the leader of the Alberta Party were… Continue reading

In photos: Get ready for Western Canadian Championships

Haywood NorAm Western Canadian Championships and Peavey Mart Alberta Cup 5/6 start… Continue reading

WATCH: Red Deer city council debates cost-savings versus quality of life

Majority of councillors decide certain services are worth preserving

Got milk? Highway reopened near Millet

A southbound truck hauling milk and cartons collided with a bridge

Stettler’s newest residents overcame fear, bloodshed to come here

Daniel Kwizera, Diane Mukasine and kids now permanent residents

Giddy up: Red Deer to host Canadian Finals Rodeo in 2018

The CFR is expected to bring $20-30 million annually to Red Deer and region

Ice dancers Virtue and Moir to carry flag at Pyeongchang Olympics

Not since Kurt Browning at the 1994 Lillehammer Games has a figure… Continue reading

Beer Canada calls on feds to axe increasing beer tax as consumption trends down

OTTAWA — A trade association for Canada’s beer industry wants the federal… Continue reading

Most Read


Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month