Estrie household incomes among lowest in Canada
been among the lowest in the country for ten years, according to the latest census data.
Median income increased by almost 9 per cent in the ten years after 2005, compared to the 36.5 per cent increase that reached in $75,412 in Saskatchewan for the same period, an increase caused by the growth of the oil and natural gas sectors.
Quebec ranks second last among the provinces and territories ahead of only New Brunswick, whose median income was $59,347, a difference of $475.
The report highlights the 2005-2015 growth gap between the western and the eastern provinces of the country - with the exception of Newfoundland and Labrador, before the fall in oil prices.
All provinces and territories experienced increases in the median household income, but there was considerable variation from one region to another.
The growth of the petroleum industry in Alberta, Saskatchewan and Newfoundland and Labrador during these ten years boosted the median income in Canada from $63,457 to $70,336, an increase of 10.8 per cent.
"It's not just hydrocarbons, it's all the investments that accompany it, like construction and services to help the operation," said Statistics Canada's Chief of Revenue, Eric Olson.
At the same time, the slowdown in the manufacturing sector that has taken place in Quebec and Ontario has had an impact on household income in these provinces. Ontario, which lost 318,000 jobs over the ten years, recorded the slowest revenue growth at 3.8 per cent. The median income still $74,287, left the province in sixth place.
Ontario and Quebec are the two provinces with the lowest increase in household income over the decade but despite this, some census metropolitan areas in Quebec enjoyed impressive increases, particularly from mining. For example, the regions of Rouyn-noranda and Val-d'or, in the Abitibi region, saw a median income growth exceeding 15 per cent. They are closely followed by Sept-îles (13.4 per cent) and Quebec City (11.1 per cent).
1.2 million children live in poverty
Almost one in four children in the country lives in poverty, a proportion that has been declining since the 1990s.
Quebec has the lowest child poverty rate after Alberta (12.8 per cent), despite having the lowest family incomes in the country. Some 14.3 per cent of Quebec children live in low-income households, compared with 14.7 per cent of adults. This is due to the low cost of child care and higher child benefits in Quebec than in the rest of the country.
Nova Scotia and New Brunswick are the two provinces with the highest rate of children living in poverty at 22.2 per cent.
The overall rate of low-income households remained stable across the country, but is distributed differently than in 2005. Ontario had more low-income families in 2015, while the proportion decreased in Alberta.
Census data include, for the first time, statistics on the savings of Canadians derived from information provided to the Canada Revenue Agency. Two-thirds of households contributed to a Registered Retirement Savings Plan (RRSP), Registered Pension Plan (RPP), or a Savings Account