Data reveal pandemic’s mixed impact on incomes and poverty in Nova Scotia
The Canadian Income Survey (CIS) for 2021 released last week by Statistics Canada was probably predictable. After the unprecedented deluge of COVID-19 benefits from government raised household incomes and cut poverty rates in 2020, the CIS reported that the reduced flow of the mainly federal dollars led to a small drop in Canadians’ incomes and an increase in poverty in 2021. However, there was one surprise – Nova Scotia bucked at least part of the trend. Median after tax income for Canadian families and unattached individuals dropped from $69,000 in 2020 to $68,400 in 2021 while the percentage of...
Read More