What is considered low income in British Columbia?


Quick Answer

Low income in British Columbia is considered anyone earning under the after-tax low income cutoff, which, based on 2009 figures, is $13,430.55 USD, or $18,421 Canadian dollars, for a single-person household. After-tax low income is used as an unofficial poverty line by the Canadian government.

Continue Reading

Full Answer

Canada does not have a poverty line in the same way the United States does. After-tax low income, or LICO-AT, is the most commonly used measure of poverty by Canadian governmental agencies. It is the point where a household is spending 20 percent more of its income on necessities than the average household. As of 2015, LICO-AT still uses 1992 as its base year for comparing incomes and expenditures, so it is not strictly accurate and gives a conservative estimate of poverty in the provinces.

Learn more about Economics

Related Questions