Economic Development, Poverty & Prosperity 2008

  1. Market Basket Measure

    The Market Basket Measure (MBM) includes the cost of food, shelter, clothing, transportation and other costs of living related to a household and recreation and what proportion of the market basket that an individual living on Ontario Works is able to afford.
  2. Income and Earnings

    Niagara had the lowest median, after tax employment income in all of Ontario at $23,396 in 2005. In 2005, in Niagara, the median earnings of those employed full-time for a year was $41,807.
  3. Overall Economic Development

    The CIBCWM Metropolitan Economic Activity Index (2007) is a measure designed to rank economic development in Canada’s largest CMAs. Nine macroeconomic variables and drivers of economic growth comprise the index: population growth, employment growth, unemployment rate, full-time share in total employment, personal bankruptcy rate, business bankruptcy rate, housing starts, MLS...
  4. Introduction to Income, Prosperity & Poverty

    Economic development in a region needs to be enjoyed by all of its citizens. Regional development involves creating a place for individuals, companies and families to prosper. The gap between the rich and poor is widening and broadening in many communities, including Niagara.