Mr. Speaker, the Canadian Income Survey (CIS) is the official data source for estimating annual poverty statistics based on Canada’s Official Poverty Line. Results from the 2020 CIS, released on March 23, 2022, show that there were 2.7 million fewer people living in poverty in 2020 compared to 2015. As a cross-sectional survey, the CIS does not collect information on past poverty status of surveyed individuals and families, nor does it collect information on current or prior utilization of food banks or services from charitable organizations. In addition, the latest available data on poverty is for the 2020 calendar year. Poverty statistics reflecting the higher inflation observed in 2021 and 2022 will be released by the CIS in 2023 and 2024, respectively.
In the House of Commons on January 30th, 2023. See this statement in context.