Financial Situation
Definition
Percentage of Engage Nova Scotia Quality of Life survey respondents (household income greater than $40,000, household income less than $40,000) who positively rated their financial situation.
Measurement and Limitations
The Nova Scotia Quality of Life Survey was undertaken by Engage Nova Scotia in partnership with Canadian Index of Wellbeing in 2019. The survey explored quality of life with respect to eight domains: community vitality, living standards, healthy populations, democratic engagement, leisure and culture, time use, the environment and education (see Eight Domains of Wellbeing).
The survey consisted of 230 questions asking people to rate their experiences on various scales (e.g., ranges from agree to disagree; ranges from satisfied to dissatisfied). In total, 13,000 respondents participated across the province. Results were summarized for the province as a whole and for each of 10 regions. In Cape Breton Island, 535 respondents participated in the Strait-Western Cape Breton Region and 2,068 respondents participated in the Cape Breton Regional Municipality.
Data presented here show the percentage of respondents who gave a positive rating (i.e., answering above the midpoint) to the theme identified. The data is reported for households with incomes less than $40,000 and more than $40,000. The official poverty line in the Cape Breton Regional Municipality in 2019 was $42,405 for a household of two adults and two children; in Strait-Western Cape Breton, the official poverty line was $42,460 per year for this reference family.
Source
Customized data from the Nova Scotia Quality of Life Survey provided by Engage Nova Scotia. Additional information from the Quality of Life Survey can be obtained using the Wellbeing Mapping Tool or by contacting research@engagenovascotia.ca.
Financial Situation in the Sustainable Development Goals
Click on the SDG to reveal more information
1. End poverty in all its forms everywhere
Extreme poverty rates have been cut by more than half since 1990. While this is a remarkable achievement, one in five people in developing regions still live on less than $1.90 a day, and there are millions more who make little more than this daily amount, plus many people risk slipping back into poverty.
Poverty is more than the lack of income and resources to ensure a sustainable livelihood. Its manifestations include hunger and malnutrition, limited access to education and other basic services, social discrimination and exclusion as well as the lack of participation in decision-making. Economic growth must be inclusive to provide sustainable jobs and promote equality.