About the Credit Unions in Nova Scotia Market Research Report
What’s Included in the Credit Unions in Nova Scotia Market Research Report
Definition of the Credit Unions in Nova Scotia?
The Credit Unions industry in Canada consists of financial institutions known as credit unions or caisses populaires. These institutions are member owned and provide banking services, mainly deposit taking and lending, to these same members.
What’s included in the Credit Unions in Nova Scotia?
The Credit Unions in Nova Scotia includes accepting members' share deposits and offering members consumer loans. Related terms covered in the Credit Unions in Nova Scotia industry report includes a loan financing the purchase of real estate with specified payment periods and a fixed or variable interest rate, a member-owned financial institution similar to a credit union, an amount set aside as an allowance for bad debts, which are debts where the customer defaults or where the terms of the loan need to be renegotiated, the social connection among the members of credit unions and cooperative banks, reducing debt levels, issues of economic inequality. some examples are those that are below the low-income cutoff, receive government payments, are unemployed and single-parent families and populations that structurally need a greater deal of social or economic support. some examples are seniors, children and those that are no longer in the workforce.
Industry Performance of the Credit Unions industry in Nova Scotia
Benchmark the Credit Unions in Nova Scotia industry performance with all NS Census Metropolitan Area and national performance.
Credit Unions in Nova Scotia
#8 in Highest Revenue 2.7% of province's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Credit Unions in Canada
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Credit Unions industry in Nova Scotia
See how key industry drivers, such as population, median houshold income, private investment in non-residential construction, overnight rate, housing starts and new vehicle sales are impacting Credit Unions in Nova Scotia
Nova Scotia Economic Indicators
Population
Median Houshold Income
Private Investment in Non-Residential Construction
View more economic information in NS State Economic profile
Canada Key External Drivers
Overnight rate
Housing starts
New vehicle sales
For the full list of industry drivers, see report purchase options.
Census Metropolitan Area Data of the Credit Unions industry in Nova Scotia
Access proprietary data on Census Metropolitan Area in the Credit Unions in Nova Scotia, such as Cape Breton, Halifax and Kentville. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.
Key Statistics of the Credit Unions industry in Nova Scotia
Download 18 years of historical data and 5 years of projected performance.
