What is considered low income in canada?

Answer In Canada, low income determination is based on one's family size and the size of the one's area of residence based on population. For a single person in a rural area, the low income limit is $9,94... Read More »

Top Q&A For: What is considered low income in canada

What income is considered low income for a family?

The United States sets a "poverty threshold," which is the minimum amount of money a person or family can make and still buy the basic necessities. As of 2009, that amount for a family of four aver... Read More »

If one received a financial compensation for loss of limb from an insurance company is that money taxable and should it be included as income for income tax in Ontario Canada?

That is going to depend on your destination. For example, if you are flying into the United States you could opt to get travel insurance from American Visitors Insurance, a well known travelers' he... Read More »

What Is Considered Low Income in the U.S.?

Low income status depends on the size of your household. As of 2010, the federal poverty level considers anyone making less than $10,830 per year as low income, according to the U.S. Department of ... Read More »

What is considered low income in ontario?

As of March 31, 2010, Ontario's minimum wage was increased to $10.25 per hour from $9.50 per hour, as stated on Anyone who lives in Ontario and does not get paid this hourly rate ... Read More »