Term: Low-Income Cut Off (LICO)

Glossary Definition

Last Updated: 2006-01-17

Definition:

A measure developed by Statistics Canada to distinguish low-income families from other families. LICOs are set according to the proportion of annual family income spent on food, shelter and clothing. A LICO is an income threshold below which a family will likely devote a larger share of its income to the necessities of food, shelter and clothing than an average family would.

Related terms 

• Household Income
• Household Income Value Ranges
• Income
• Income Adequacy Quintiles
• Statistics Canada

References 

• Brownell M, Lix L, Ekuma O, Derksen S, Dehaney S, Bond R, Fransoo R, MacWilliam L, Bodnarchuk J. Why is the Health Status of Some Manitobans Not Improving? The Widening Gap in the Health Status of Manitobans. Winnipeg, MB: Manitoba Centre for Health Policy, 2003. [Report] [Summary] (View)