LONG READ: Why data-based measures of poverty are not capturing the vulnerability of older adults
The Market Basket Measure (MBM) is Canada’s official measure of poverty, but it does not consider that seniors often live on fixed incomes and have increased health and social care costs.
Why It Matters
Depending on the data points included in specific poverty measures, the outcomes and analysis can be drastically different, which has a tangible impact on policy development. Relying solely on data-based methodologies also risks ignoring the effect of non-quantifiable factors, such as demographics.
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