It now costs more to afford basic necessities in Calgary than in any other major city in the country — including Vancouver and Toronto — according to Statistics Canada’s updated market basket measure.
Families are considered to be living below the poverty line if their disposable income is less than their city’s market basket measure.
New data, from 2022, shows that Calgary’s annual market basket measure is $55,771 — up from $51,861 the previous year.
According to the latest census data, Albertans’ median employment income per individual in 2020 was $41,600 — still below Calgary’s market basket measure (for a household), but higher than Ontario and B.C.
“Because of that, we know that a lot of people at those lower income levels are really far away from even being near that market basket measure line, and I think we have to take that into consideration,” said Reid.
In conversations with those living around and below the poverty line, Reid says people are feeling anxious, panicked and resigned that the situation will continue worsening.
The original article contains 517 words, the summary contains 171 words. Saved 67%. I’m a bot and I’m open source!
This is the best summary I could come up with:
It now costs more to afford basic necessities in Calgary than in any other major city in the country — including Vancouver and Toronto — according to Statistics Canada’s updated market basket measure.
Families are considered to be living below the poverty line if their disposable income is less than their city’s market basket measure.
New data, from 2022, shows that Calgary’s annual market basket measure is $55,771 — up from $51,861 the previous year.
According to the latest census data, Albertans’ median employment income per individual in 2020 was $41,600 — still below Calgary’s market basket measure (for a household), but higher than Ontario and B.C.
“Because of that, we know that a lot of people at those lower income levels are really far away from even being near that market basket measure line, and I think we have to take that into consideration,” said Reid.
In conversations with those living around and below the poverty line, Reid says people are feeling anxious, panicked and resigned that the situation will continue worsening.
The original article contains 517 words, the summary contains 171 words. Saved 67%. I’m a bot and I’m open source!