NB Has Lowest Median Income in Canada, Say Latest Census Figures
Sep 14 2017
Despite the second-lowest median income level in Canada, Quebec (14.3 per cent) was second only to Alberta (12.8 per cent) in having the lowest percentage of children in low-income households, thanks to lower child care costs and richer child benefits than elsewhere.
That boosted the number of children in the city living in poverty to 24 per cent. About 30% of households contributed to more than one savings plan, and 9.3% contributed to all three.
And both spouses reported income in almost 96 per cent of married or common-law couples, compared with two-thirds of couples in the mid-1970s. Only about 20 per cent of couples had equal incomes that year.
That spike was largely driven by the commodity price boom of the last decade - Nunavut and Saskatchewan saw increases of more than 36 per cent, while Newfoundland and Labrador, Alberta, the Northwest Territories and Manitoba also grew by more than 20 per cent.
The report attributed the loss in income to the decline in manufacturing in Ontario.
Ontario metropolitan areas had the largest increases in low income rates, with Windsor's rising from 14 per cent in 2005 to 17.5 per cent in 2015.
Overall, the report showed that household income in Canada rose 10.8 per cent between 2005 and 2015, and slightly fewer young children are living in low-income households.
Among the provinces, Alberta, with its booming oil and natural gas sector, had the highest household income level at $93,835 a year, while New Brunswick in Atlantic Canada had the lowest median household income level at $59,347 per annum.