Poverty Level Income 2024 Canada. More than 1.5 million individuals, double the number from last year, have been invited to automatically complete and submit their tax returns in 2024. According to the market basket measure, canada's official poverty line, 9.9% of the population—approximately 3.8 million canadians—lived below the poverty line in 2022,.
Persons living below the poverty line1, by selected demographic group, canada,. Canada’s overall poverty rate was estimated at 7.4% in 2021, up from 6.4% in 2020 and down from 14.5% in 2015.