N.B. Has Lowest Median Income in Canada, Say Latest Census Figures
New Brunswick has the lowest median household income in the country according to the latest numbers from the Canadian census released Wednesday.
The province had the lowest at median income at $59,347, followed by Quebec at $59,822 and Nova Scotia at $60,764. The Northwest Territories had the highest median income in Canada at $117,688, followed by Nunavut at $97,441 and Alberta at $93,835.
The latest numbers also found Nova Scotia and New Brunswick have the highest percentage of children in low−income households at 22.2 per cent. Alberta had the lowest at 12.8 per cent.
On average, Canadians saw a steady rise in their income between 2005 and 2015, when the median national income weighed in at $70,336, up 10.8 per cent from $63,457 a decade earlier, once adjusted for inflation.
Much of that increase can be attributed to the spike in commodity prices over that 10-year period, helping resource-rich regions like Nunavut, Saskatchewan, Alberta and Newfoundland and Labrador post increases twice or three times the national average.
With files from the Canadian Press