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These thresholds are presented in Table 4. The threshold represents the costs of specified qualities and quantities of food, clothing, footwear, transportation, shelter and other expenses for a reference family of two adults and two children.
When the disposable income for the MBM of an economic family member or a person not in economic family falls below the threshold applicable to the person, the person is considered to be in low income according to MBM. Since the MBM threshold and disposable income are unique within each economic family, low-income status based on MBM loooking also be reported for economic families.
Return to footnote 1 referrer Footnote 2 The low-income concepts are not applied in the territories and in certain areas based on census subdivision type such as Indian reserves. The square root of economic lolking size is the equivalence scale used to adjust the MBM thresholds for other family sizes. For the Census, the reference period is the calendar year for all income variables.
Statistical units with income that is below the low-income line are considered to be in low income. The MBM basket base is priced for 50 different geographic areas - 19 specific communities lookng 31 population centre size and province combinations. The existence of substantial in-kind transfers such as subsidized housing and First Nations band housing and sizeable barter economies or consumption from own production such as product from hunting, farming or fishing could make the interpretation of low-income statistics more difficult in these situations.
The MBM recognises the potential differences in the cost of the basket between similar-sized communities in different provinces and between different geographical regions within kbw. Return to footnote 2 referrer Footnote 3 Prevalence of low income - The proportion or percentage of units whose income falls below a specified low-income line. Low-income status - The income situation of the statistical unit in relation to a specific low-income line in a reference year.