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.
Read more Business News
- Medical marijuana bylaw moves aheadWest Kelowna - 5:00 am
- Kelowna hosting Indie Film FestivalKelowna - 5:00 am
- Sign meeting draws big crowdPenticton / S. Okanagan
- Rockets drop heartbreaker to RoyalsSports
Big Picture Geopolitical risk remains at the fore; Fluid situation in Ukraine suggests need for vigilance The S&P500 remains close to a record level as better than expected February jobs data in ...
How will you pay for this today? Maybe it’s time to change the way you answer this common checkout question.With more payment options than ever, consumers can find easy ways to save money, simpl...
In the razzle dazzle of Hollywood it is hard to find anyone who stands out from the crowd. The fraternity of Actors, Producers, Directors and various other technical guru’s seem to live in a wo...