Low-income rates could rise as StatsCan moves to redraw poverty line | CBC News
The
last time the made-in-Canada measure was updated was in 2008; poverty
rates increased by 2.2 per cent because the financial cut-off used to
define low-income was raised.
last time the made-in-Canada measure was updated was in 2008; poverty
rates increased by 2.2 per cent because the financial cut-off used to
define low-income was raised.
Experts
suggest that a plan by Statistics Canada to recalculate the threshold
by changing the “market basket measure” early next year could lead to a
similar bump in poverty rates.