Canada’s telecom regulator says the average household spent nearly $223 every month on communications services, including mobile phones, landlines, internet and cable TV in 2016.
But low-income households are spending exponentially more than higher income earners as a percentage of their income, according to the CRTC’s latest Communications Monitoring Report.
The snapshot of expenditures shows households with incomes below $32,090 spent 8.6 per cent of what they earned in 2016 on communications.
Get weekly money news
That compares to just 1.7 per cent of income for households earning above $130,000.
The report also revealed the amount spent on mobile devices in Canada increased by 8.8 per cent from 2015 to 2016 while telephone landline expenditures declined by the same rate.
Spending on cable and satellite TV services fell by 1.4 per cent during the same period while Canadians spent 6.5 per cent more for internet services.
- Stock markets plummet as oil nears $90 amid Iran war, U.S. job losses
- ‘A foreign policy based on short memory’: Carney continues push to diversify from the U.S.
- Americans view each other as morally bad, poll says. Canada is the opposite
- Canada and Japan sign partnership deal on defence, energy, trade
Comments
Want to discuss? Please read our Commenting Policy first.