Canadian Seniors and the Low Income Measure

About 6 percent of seniors in Canada have family incomes below the Low Income Measure (LIM), a definition of relative poverty that sets the line at 50 percent of the median household income adjusted for family size. The Canadian senior below-LIM rate has fallen sharply in the last 35 years and is low compared to that in other countries, to the general Canadian population, and to Canadian families with children. Canadian income tax data show …