Published on: June 29, 2015 | Last Updated: June 29, 2015 7:31 AM MDT
There’s a reason retailers from luxury auto vehicles to specialty stores want to open shop in Calgary — the region has the highest median family income of all major centres in Canada.
In recent years that has led to robust sales in the retail sector as well as in the housing market.
A report by Statistics Canada, released recently, said Calgary had the highest median total family income (before tax) of all census metropolitan areas in 2013 at $101,260, according to data derived from personal income tax returns.
Calgary was followed by Edmonton ($98,480) and Ottawa — Gatineau ($96,710). These three have composed the top three CMAs since 2009, said the federal agency Statistics Canada said that among census agglomerations (CAs), Wood Buffalo, Alberta ($181,240), had the highest median total family income, followed by Yellowknife, the Northwest Territories ($137,860).
“This ranking has not changed since 2010. These two CAs have had the highest median total family income since this data series became available at the CA geographic level in 2001,” added the federal agency.
Meanwhile, Statistics Canada also released on Monday a study on interprovincial employees in Canada — people who had paid employment in one province but maintained their permanent residence in another.
“The number of interprovincial employees working in Alberta reached 132,000 in 2008. The number declined to about 100,000 in 2009 and 2010, and then rebounded to 111,000 in 2011. Interprovincial employees in Alberta received 3.7 per cent of total wages and salaries paid in the province that year,” said the federal agency.