Canada's top one per cent of tax-filers earned an average income of $454,800 in 2013 and were taxed an average of $151,900, according to a new report by Statistics Canada.
The latest numbers released Tuesday showed the average income of the top one per cent increased by $5,600, or 1.2 per cent, from 2012, but it still remains below the 2007 peak of $519,900.
While their income increased, the top one per cent of tax-filers saw their share of the country's total income remain the same. The top one per cent of tax-filers received 10.3 per cent of the nation's total income in 2013, the same as in 2012.
To be considered in the top one per cent in 2013, a tax-filer would need to have total income of $222,000.
To be included in the top five per cent, the income cutoff was $115,700, while to be in the top 10 per cent required an income of $89,200.
Ontario has largest share of top 1% earners
Ontario held on to the largest share of the top one per cent of Canadian tax-filers in 2013 at 41.2 per cent, followed by Alberta at 23.6 per cent, Quebec at 15.5 per cent and British Columbia at 11.3 per cent.
The four provinces accounted for more than 90 per cent of the country's top one per cent tax-filers.
Quebec, meanwhile, was the only province that saw a decline in top one per cent tax-filers, falling from 43,360 in 2012 to 40,825 in 2013.
Women make up 21.9 % of top earners
Women accounted for 21.9 per cent of the top one per cent of tax-filers in 2013, marking the 20th consecutive yearly increase.
The proportion of female tax-filers in the top 0.1 per cent -- those making more than $707,800 -- increased 1.3 percentage points from 2012 to 15.8 per cent in 2013.
The report showed that although men still represent a significant majority of high-income Canadians, their representation has declined steadily over the last three decades.
In 1983 there were 8.8 men for every woman in the top one per cent. By 2013, the rate had dropped to 3.6 men for every woman.
