Long-term earnings study reveals gender gap

February 28, 2014

A Statistics Canada study that followed a group of men and women for 20 years reports that over the 2 decades, men who had obtained a bachelor's degree by 1991 had earned, on average, $732,000 more than those who only received a high school diploma. For women, the difference between the 2 groups was $448,000. The study also reveals that men with a college certificate earned $247,000 more than men with a high school diploma, while women with a college certificate earned $179,000 more than those with a high school diploma. In addition, says StatsCan, college and bachelor's degree graduates experienced fewer layoffs and accumulated more years of service in employer-sponsored pension plans than high school graduates. A September 2013 study by researchers at the University of Toronto revealed a similar gender gap in the earnings premium for those who complete an apprenticeship. StatsCan Daily