Canada's top 1 per cent saw fastest income acceleration, overall decrease in taxes

OTTAWA -- The incomes of Canada's top one per cent grew at a faster pace than everyone else in 2017 -- and, overall, they saw their taxes edge down, says a new study. Statistics Canada has found that in 2017 the average total income of all tax-filers rose 2.5 per cent to $48,400 compared to the previous year. The average income growth of the bottom half of tax filers increased 2.4 per cent to $17,200. But those in the top one per cent saw average income growth that year of 8.5 per cent to $477,7