Back in August, HRSDC released the latest update of the Market Basket Measure (MBM), with poverty rates for 2007. The good news: poverty fell in 2007 across Canada. And British Columbia? According to the MBM, our poverty rate also fell in 2007. However, as with the LICO measurements, BC’s poverty rate remains the highest in the country at 13.4%. Child poverty at 18.4% is still the highest rate in Canada.
For more on the MBM and LICO and an analysis of the new MBM numbers read Seth Klein’s Poverty: How do we measure up? Very poorly.