Low income cut-offs
Abstract
Low income cut-offs (LICOs) are intended to convey the income level at which a
family may be in straitened circumstances because it has to spend a greater portion
of its income on the basics (food, clothing and shelter) than does the average
family of similar size. The LICOs vary by family size and by size of community.
This publication provides a brief explanation of how the LICOs are derived
and updated annually. In addition, it provides on a historical basis, LICOs
for different family sizes by size of area of residence. LICOs are calculated
based on the spending patterns of families on basic 'necessities' - food, shelter
and clothing - as collected from the Survey of Household Spending (formerly
referred to as the Family Expenditure Survey (FAMEX)).
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Copyright © 2006 Statistics Canada
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