cover image: Low income lines, 2010-2011 : Lignes de faible revenu, 2010 à 2011

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Low income lines, 2010-2011 : Lignes de faible revenu, 2010 à 2011

13 Jun 2012

On the other hand, the LIM is based solely on the distribution of household income across the Canadian population and is intended as a reference for international comparisons. [...] While HRSDC is responsible for defining the components of the basket and the related concepts, Statistics Canada is responsible for the costing of the components and producing low income statistics. [...] Beginning in 2006, survey estimates from the Survey of Labour and Income Dynamics are produced on the basis of population counts based on the 2006 Census of Population, instead of the 2001 Census. [...] The low income cut-offs (LICOs) are income thresholds below which a family will likely devote a larger share of its income on the necessities of food, shelter and clothing than the average family. [...] This process is referred to as rebasing and includes recalculating new LICOs using the method described in “How are low income cut- 5. The model is the following: the logarithm of spending on food, shelter and clothing is a function of the logarithm of income, family size, population of the area of residence and region.
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ISBN
9781100208442
Pages
38
Published in
Canada

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