The Market Basket Measure (MBM) establishes poverty thresholds based on the cost of a basket of food, clothing, shelter, transportation and other items for a family of four that reflects a modest, basic standard of living. A family with a disposable income below the appropriate MBM threshold for the size of the family and the region where they live, is considered to be living in poverty (Statistics Canada)
This discussion paper is part of a series that will inform the 2023 comprehensive review of Canada’s Market Basket Measure (MBM), improve the understanding of the MBM methodology, and potentially expand analytical tools that involve or rely on the MBM.
Users of the MBM are encouraged to ask questions or share their feedback by sending an email to: email@example.com
Published By: Statistics Canada
Publication Date: November, 2022
Click here to access ‘Market Basket Measure Research Paper: Poverty Index’