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Statistics Canada defines the poverty line as the level of income at which a household

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Statistics Canada defines the poverty line as the level of income at which a household

Statistics Canada defines the poverty line as the level of income at which a household

▸ spends more than 63% of its income on the three basic necessities of food, shelter, and clothing.

▸ spends more than 87% of its income on the three basic necessities of food, shelter, and clothing.

▸ earns less than $14 500 during a calendar year.

▸ is in the bottom 10% of income groups.

▸ adjusted for family size earns less than the average family income in Canada.

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Microeconomics

Edition: 17^th

Author: Ragan

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