A state that ranges from subpar living conditions to absolute destitution.
Poverty Types
Absolute Poverty: Absolutely destitute Relative Poverty: Lacks conditions in life that most Canadians have. Requires there to be a poverty line
Poverty Line
A cutoff range from a individual being well-off or in poverty.
- Low Income Cut-Off (LICO)
- Low Income Measure (LIM)
- Market Basket Measure (MBM)
Canada’s Failing
- Fewer then 90 families in Canada hold as much GDP as newfoundland + new brunswick + PEI
- 1 out of every 7 people live in poverty. Low Income Measure