Tag: Regional economics
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Understanding Why the Northwest Territories Has Canada’s Highest Median Income (But Not Uniform wealth)
Introduction: A striking statistic with nuance Statistics Canada data show that families in the Northwest Territories (NWT) consistently report some of the highest median incomes in Canada. This fact often prompts questions: does a higher median mean everyone in the territory is financially secure? Why does this regional advantage exist, and who is left behind?…
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Why the Northwest Territories Tops Canada in Median Income (But Not Everyone Feels Wealthy)
Introduction: A Territorial Snapshot of Income Canada is a federation of provinces and territories with diverse economies. Among them, the Northwest Territories (N.W.T.) consistently reports the highest median income for families and individuals, according to Statistics Canada. That statistic often prompts questions: Does a higher median income mean most residents live comfortably? What drives the…
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Persistent North vs South Island Economic Divide and What It Means for NZ
Introduction: A persistent regional split despite overall gains The economic landscape of New Zealand remains uneven, with the North Island continuing to outpace the South in several key indicators, even as most regions show meaningful gains. Infometrics’ latest analysis underscores a persistent divide between the North and South islands, driven by differences in population growth,…
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Economic divide between NZ’s North and South Islands persists, Infometrics says
Persistent gaps mark NZ’s regional economy The debate over how evenly wealth and opportunity are spread around New Zealand’s two main landmasses continues, even as most regions post healthier growth. Infometrics, a leading economic consultancy, notes that while several regions have moved forward with better job creation and higher output, the North Island and South…