The measures that we have, the three main measures of income—the LIM which is a relative measure, the LICO, which is a slightly different type of measure related to the relative affordability of housing, shelter, and one additional measure—provide a relative view into what Canadians can and can't purchase. I think the market basket measure does provide a view that is geographically more sensitive. The LICO is available for seven different community sizes, but the market basket measure gives a very specialized view of the cost of living across the country from, say, a community in Alberta of less than 30,000 people, all the way to Vancouver.
On May 6th, 2019. See this statement in context.