Cost of Poverty in New Brunswick

Submitted by Saint John on July 30, 2012 - 11:11am
A report from Canadian Centre for Policy Alternatives

The Nova Scotia branch of Canadian Centre for Policy Alternatives recently released a report on the Costs of Poverty for New Brunswick. 

"For the New Brunswick government, we estimate that the direct cost of poverty is approximately a half a billion dollars per year — and that these costs account for 6.5% of the 2009/10 New Brunswick government budget. This is a significant amount of resources. Health care spending alone amounts to $196 million per year, an amount that could be saved or reallocated if we lifted the poorest 20% of New Brunswickers out of poverty."

Read the full report to find out more

ccpa-poverty-costs-nb.pdf529.33 KB