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May 1, 2025 |
- Correction: May 5, 2025
The original version of this document presented 16.9% in Table 2 as the 2018-base poverty rate for the Northwest Territories in 2023. This has now been corrected to 17.0%. The difference between the two bases was also changed from 2.5 to 2.4 percentage points. - Correction: November 7, 2025
During the final review period of the third comprehensive review of the Market Basket Measure (MBM), the following revisions were made:
The subsidized rent indicators for households in the territories were revised for the 2023 reference year. The change affected the percentage and number of people in poverty for the Northwest Territories using the 2023-base methodology. The estimates were revised in Table 2, Table F.1 and Table F.2.
The 2023-base tenure type adjustments for homeowners with a mortgage were revised in Table A.8.1 and Table A.8.2 following a correction made to the annual interest paid on the mortgage estimation. Consequently, the percentage and number of people in poverty estimates were revised in Table 2, Table F.1 and Table F.2.
The fixed multiplier was corrected to 50.3 from 53.4, in the description of the 2023-base other expenses component of Table B.1, Table B.2 and Table B.3.
The text, “and by rural and non-rural communities” was removed from Table B.1.
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| PDF |
May 1, 2025 |
- Correction: May 5, 2025
The original version of this document presented 16.9% in Table 2 as the 2018-base poverty rate for the Northwest Territories in 2023. This has now been corrected to 17.0%. The difference between the two bases was also changed from 2.5 to 2.4 percentage points. - Correction: November 7, 2025
During the final review period of the third comprehensive review of the Market Basket Measure (MBM), the following revisions were made:
The subsidized rent indicators for households in the territories were revised for the 2023 reference year. The change affected the percentage and number of people in poverty for the Northwest Territories using the 2023-base methodology. The estimates were revised in Table 2, Table F.1 and Table F.2.
The 2023-base tenure type adjustments for homeowners with a mortgage were revised in Table A.8.1 and Table A.8.2 following a correction made to the annual interest paid on the mortgage estimation. Consequently, the percentage and number of people in poverty estimates were revised in Table 2, Table F.1 and Table F.2.
The fixed multiplier was corrected to 50.3 from 53.4, in the description of the 2023-base other expenses component of Table B.1, Table B.2 and Table B.3.
The text, “and by rural and non-rural communities” was removed from Table B.1.
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