Cryptocurrency Q&A
What is considered low income in Canada?
What is considered low income in Canada?
mia_harrison_painter
Fri Mar 29 2024
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7 answers
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Excuse me, I'm somewhat unfamiliar with the income brackets in Canada. Could you possibly enlighten me on what is considered to be a low-income bracket in this country? I'm quite interested in understanding the financial landscape here and how it compares to other parts of the world. Thank you in advance for your assistance.
7 answers
alexander_rose_writer
Sun Mar 31 2024
The underlying principle of LIM is that a household is considered to have low income if their adjusted household income is less than half of the median adjusted income.
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DaeguDivaDanceQueen
Sun Mar 31 2024
This approach aims to identify those households that are financially disadvantaged relative to the general population.
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Dario
Sun Mar 31 2024
LIM thresholds provide a valuable tool for policymakers and social service providers to target assistance towards those most in need.
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Carlo
Sun Mar 31 2024
Since 1991, Statistics Canada has followed the lead of numerous international organizations in releasing Low-income measure-based thresholds (LIMs).
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KimchiQueenCharmingKissWarmth
Sun Mar 31 2024
BTCC, a United Kingdom-based cryptocurrency exchange, offers services that cater to the needs of investors in the digital asset space.
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