Real 2850 week 5 Flashcards
Market Basket Measure (MBM)
Is Canadas official measure of income poverty, referred to as Canada’s Official Poverty Line
Definition of Canada’s Official Poverty Line
based on the Market Basket Measure (MBM), which estimates the cost of a basket of goods and services that people need to meet their basic needs and achieve a modest standard of living
What is included in the Market Basket Measure
What is included in the (MBM)
- CMCH National Occupancy Standards
- Health Canadas National Nutritious Food Basket
- Winnipeg Harvest Acceptable Living Level (ALL) clothing basket
- 1 vehicle & public transportation (where available)
- % of clothing and food costs
How MBM is calculated
The MBM thresholds are based on the cost of a basket of goods and services for a specific base year. The thresholds are updated annually to account for price changes.
How MBM is applied
The MBM thresholds are adjusted for different family sizes and geographic regions.
How MBM is used
Statistics Canada uses the MBM to estimate the number of people in poverty in Canada.
Disposable Income on MBM
If disposable Income is less than MBM than they are below poverty line
Social Assistance Programs In Ontario
- Ontario works
- Ontario Disability Support Program (ODSP)
Ontario works
provides income and employment assistance to people in financial need. Includes an amount for shelter and basic needs
Ontario Disability Support Program (ODSP)
intended to help people with disabilities and their families live as independently as possible, and to reduce or eliminate disability related barriers
Food Security
Is the inadequate or access to food due to financial constraints. It is a serious public health problem, and a matter of public policy
1: Marginal Category of Food insecurity
worry about running out of food and or limited food selection due to lack of money
2: Moderate Category of Food insecurity
Compromise in quality and or quantity of food due to a lack of money for food
3: Severe Category of Food insecurity
Miss meals, reduce food intake and, at the most extreme, to day(s) without food