Wednesday, October 22nd13.7°C
23840
22501

Average spent on goods/services, $55K

Statistics Canada says the country's households spent an average of $55,151 on goods and services in 2011, up 2.7 per cent from 2010.

The increase was slightly below the rate of inflation of 2.9 per cent as measured by the consumer price index.

The agency says spending on shelter accounted for 27.6 per cent of the total, with transportation accounting for 20.4 per cent and food taking 14.1 per cent.

Provincially, households in Alberta had the highest average spending on goods and services at $64,453. Prince Edward Island households, in contrast, had the lowest average at $45,190.

Couples with children reported average spending of $75,543 on goods and services.

Single seniors reported $26,047 in household spending.

The Canadian Press


Read more Business News

23434


Recent Trending




Today's Market
S&P TSX14547.71+209.94
S&P CDNX822.2810.93
DJIA16614.81215.14
Nasdaq4419.479+103.404
S&P 5001941.28+37.27
CDN Dollar0.8910+0.0001
Gold1247.60-4.10
Oil82.17+0.21
Lumber329.70+0.10
Natural Gas3.702-0.009

 
Okanagan Companies
Pacific Safety0.100.00
Knighthawk0.01-0.005
QHR Technologies Inc1.17+0.05
Cantex0.055-0.025
Anavex Life Sciences0.192+0.001
Metalex Ventures0.045-0.005
Russel Metals33.09+0.81
Copper Mountain Mining2.17+0.18
Colorado Resources0.150.00
ReliaBrand Inc0.012+0.0009
Sunrise Resources Ltd0.060.00
Mission Ready Services0.46+0.01

 



23015

FEATURED Property
2089632#305-2770 Auburn Road
2 bedrooms 2 baths
$212,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_








Member of BC Press Council


22786