What is the average household income in Canada?

The median after-tax household income in Canada is approximately $68,400, though it varies significantly by province — Alberta and Ontario tend to be highest, while the Atlantic provinces are lower.

What is the minimum wage in Canada?

Each province and territory sets its own minimum wage. As of 2025, rates range from $14.00/hour to over $17.00/hour depending on the jurisdiction. The federal minimum wage (for federally regulated workers) is $17.30/hour.

How does EI work in Canada?

Employment Insurance (EI) provides temporary income support to workers who lose their job through no fault of their own. You typically need 420–700 insurable hours (depending on regional unemployment rate) and can receive 55% of your average insurable earnings up to a maximum weekly amount.

What is the average net worth by age in Canada?

The median net worth for Canadian families under 35 is about $48,800, rising to roughly $521,000 for those aged 55–64. These figures include home equity, which is the largest asset for most Canadians.

Personal Finance – Income, Net Worth & Calculators (Canada)

Master your money with Canadian personal finance calculators, provincial income data, net worth benchmarks, mortgage tools, and cost-of-living comparisons.

Mortgage Payment Calculators by Province

Mortgage Payment Calculator (All Provinces)

Estimate your monthly mortgage payment for any Canadian province.

Ontario

Ontario mortgage payment estimator.

British Columbia

BC mortgage payment estimator.

Quebec

Quebec mortgage payment estimator.

Alberta

Alberta mortgage payment estimator.

Manitoba

Manitoba mortgage payment estimator.

Saskatchewan

Saskatchewan mortgage payment estimator.

Nova Scotia

Nova Scotia mortgage payment estimator.

New Brunswick

New Brunswick mortgage payment estimator.

Newfoundland & Labrador

Newfoundland mortgage payment estimator.

Prince Edward Island

PEI mortgage payment estimator.

Northwest Territories

NWT mortgage payment estimator.

Nunavut

Nunavut mortgage payment estimator.

Yukon

Yukon mortgage payment estimator.

Mortgage Affordability Calculators by Province

Mortgage Affordability Calculator (All Provinces)

Find out how much home you can afford based on your income, debts, and down payment.

Ontario

Ontario mortgage affordability estimator.

British Columbia

BC mortgage affordability estimator.

Quebec

Quebec mortgage affordability estimator.

Alberta

Alberta mortgage affordability estimator.

Manitoba

Manitoba mortgage affordability estimator.

Saskatchewan

Saskatchewan mortgage affordability estimator.

Nova Scotia

Nova Scotia mortgage affordability estimator.

New Brunswick

New Brunswick mortgage affordability estimator.

Newfoundland & Labrador

Newfoundland mortgage affordability estimator.

Prince Edward Island

PEI mortgage affordability estimator.

Northwest Territories

NWT mortgage affordability estimator.

Nunavut

Nunavut mortgage affordability estimator.

Yukon

Yukon mortgage affordability estimator.

Mortgage Insurance & Rates

Mortgage Insurance Calculator

Calculate your CMHC mortgage insurance premium based on down payment and home price.

Mortgage Rate History

Track Canadian mortgage rate trends over time — fixed vs variable.

Mortgage Rates by Province

Hourly-to-Salary Calculators by Province

Hourly to Salary Calculator (All Provinces)

Convert your hourly wage to annual salary after taxes for any province.

Ontario

Ontario hourly-to-salary converter.

British Columbia

BC hourly-to-salary converter.

Quebec

Quebec hourly-to-salary converter.

Alberta

Alberta hourly-to-salary converter.

Manitoba

Manitoba hourly-to-salary converter.

Saskatchewan

Saskatchewan hourly-to-salary converter.

Nova Scotia

Nova Scotia hourly-to-salary converter.

New Brunswick

New Brunswick hourly-to-salary converter.

Newfoundland & Labrador

Newfoundland hourly-to-salary converter.

Prince Edward Island

PEI hourly-to-salary converter.

Northwest Territories

NWT hourly-to-salary converter.

Nunavut

Nunavut hourly-to-salary converter.

Yukon

Yukon hourly-to-salary converter.

Average Income by Province

Average Household Income

Household income benchmarks across Canada.

Ontario

Average income data for Ontario.

British Columbia

Average income data for BC.

Quebec

Average income data for Quebec.

Alberta

Average income data for Alberta.

Manitoba

Average income data for Manitoba.

Nova Scotia

Average income data for Nova Scotia.

New Brunswick

Average income data for New Brunswick.

Newfoundland & Labrador

Average income data for Newfoundland.

Prince Edward Island

Average income data for PEI.

Minimum Wage by Province

Net Worth & Wealth Data

Average Net Worth by Age

Canadian net worth benchmarks at every age — see where you stand.

Average Net Worth (Canada)

National median and mean net worth for Canadian households.

Net Worth Percentile Calculator

Find your exact net worth percentile relative to other Canadians.

Income Percentile Calculator

See where your income ranks among all Canadian earners.

Cost of Living & Inflation

Cost of Living by Province

Compare living costs across Canadian provinces for housing, food, and transport.

Inflation Calculator

See how Canadian inflation has eroded purchasing power over time.

Benefits & Government Programs

EI Guide

How Employment Insurance works in Canada — eligibility, benefit amounts, and how to apply.

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy