What is the poverty rate of Canada?

As of the latest available data from 2021, Canada's overall poverty rate was approximately 6.4%, based on the official measure known as the Market Basket Measure (MBM). This statistic reflects the percentage of Canadians living below the poverty line, which varies by region and demographic factors. Efforts to reduce poverty continue through various government programs and initiatives aimed at supporting low-income households. For the most current figures, it's advisable to consult recent reports from Statistics Canada or relevant government agencies.