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. Source: http://www.hrsdc.gc.ca/en/cs/sp/sdc/pkrf/publications/research/2002-000662/page04.shtml

Those who receive government transfer payments such as Ontario Works (OW) or the Ontario Disability Support Program (ODSP) do not receive adequate income to meet basic needs or to live above the poverty line. Two parent families with two children are the population with the lowest ability to meet their basic needs, with Ontario Works providing only 59.4% of the costs of the Market Basket over the course of one year; 64.8% of the cost for 1 adult and 2 children; and 66.9% of the cost of for 1 adult, 1 child. Source: http://www.regional.niagara.on.ca/living/saeo/reports/pdf/PovertyReport.pdf

Table 25   Value of the Niagara Market Basket Measure Adjusted for Family Types

Rating: 2