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.
The market basket measure is Canada’s official measure of household income poverty. It defines how much a family of four would have to earn to afford a basic standard of living, and that’s calculated by the cost of a basket of basic goods and services, including food, clothing, shelter and transportation.
Families are considered to be living below the poverty line if their disposable income is less than their city’s market basket measure.
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