Quebecers have lowest after-tax income in Canada
Published Tuesday, January 19, 2016 8:07AM EST
Last Updated Tuesday, January 19, 2016 7:46PM EST
Quebecers, once again, have less disposable income than residents of any other province or territory in Canada.
Quebec's Statistics Institute published the data that analyzes income for all Canadians from 2004 until 2014.
Disposable income is also known as after-tax income, and the calculation is very straightforward: add up every penny of income, and deduct all income taxes and other taxes.
The average Quebecer has $26,046 that is theirs to do with as they please, while the national average is $30,270.
In 2011 and 2012 disposable income levels of the average Quebecer remained low, but were just above that of residents of PEI.
But in 2013 Quebecers once again took home less than residents of any other province.
Other provinces where disposable income falls below the national average include the Maritime provinces, Ontario, Manitoba and Nunavut.
In 2014 residents of Alberta had the highest disposable incomes, averaging $40,495.