LICO Table 2022 – Low Income Cut-Off Canada

NOTE: The LICO 2022 article and table are guidelines for those who wish to immigrate to Canada. However, you may refer to this article for other purposes.

Immigrants to Canada must show they intend to live in our country independently and without using social assistance [note to practitioners – see A39]. Of course, there are many ways to confirm you want to be an independent newcomer in Canada. Regardless, the LICO table is an essential tool to serve this purpose.

Table of contents

What is LICO?

The low-income cut-off (LICO) table represents the poverty line in Canada’s urban areas, with a population of half a million or more. In other words, if your income is below LICO, you are poor. Statistics Canada updates the LICO table every year due to inflation. The first table on this page shows LICO for immigration to Canada in 2022.

Settlement funds versus annual income

An immigration officer may consider your skills, work experience, educational credentials, and assets to verify financial admissibility. Nonetheless, one of the main options to prove your ability to be independent is the settlement funds. Of course, settlement funds refer to the money you can bring to Canada when you land as a newcomer. Immigration authorities use the LICO table to evaluate the sufficiency of settlement funds. Consider reading the following article for more information on settlement funds.

you cannot rely on settlement funds when sponsoring a family member via a family reunification option; Since you are financially sponsoring your loved ones, you usually need to show a steady income. Therefore, your income becomes more important than the money you have in your bank account. Of course, you may read the following articles for more information:

The LICO table 2022 is a point of reference for sponsorship income too.

Where LICO is useful

As mentioned earlier, you may use the LICO 2022 table both for settlement funds and the necessary annual income. Here are some examples.

Of course, these are just some examples. Additional federal or provincial immigration options may also consider LICO 2022 to evaluate applicants’ financial status. Consequently, in some immigration options, such as the Federal Self-employed class, LICO could help even though settlement funds are not an explicit assessment factor. Consider reading the following article for more information:

LICO table 2022

The following table shows LICO for 2022* as you see the LICO changes based on the household number.

Size
of Family Unit
LICO
– 12 Months
LICO
– 6 Months
one person $26,620 $13,310
two persons $33,140 $16,570
three persons $40,742 $20,371
four persons $49,466 $24,733
five persons $56,104 $28,052
six persons $63,276 $31,638
seven persons $70,448 $35,224
If more than seven persons, for each
additional person, add
$7,172 $3,586

*For the 6-month LICO, I have used the IRCC website table (updated May 11, 2022). For the 12-month LICO, I multiplied the 6-month values by 2.

Like the Federal Skilled Worker Program, most immigration options require proof of funds based on a 6-month LICO. Keep in mind that I have done my best to show the correct figures, but the values I have presented here are not the official numbers. Consequently, consult with other sources as well.

Comparing 12-month LICO over the years

The following table reflects the 12-month LICO from 2018 to 2022. Of course, this is an effort to show you the changes in LICO over the years.

Size
of Family Unit
2018 2019 2020 2021 2022
one person $24,950 $25,338 $25,921 $26,426 $26,620
two persons $31,062 $31,544 $32,270 $32,898 $33,140
three persons $38,186 $38,780 $39,672 $40,444 $40,742
four persons $46,362 $47,084 $48,167 $49,106 $49,466
five persons $52,584 $53,402 $54,630 $55,694 $56,104
six persons $59,304 $60,228 $61,613 $62,814 $63,276
seven persons $66,028 $67,056 $68,598 $69,934 $70,448
If more than seven persons, for each
additional person, add
$6,722 $6,828 $6,985 $7,120 $7,172

Comparing 6-month LICO over the years

The following table reflects the 6-month LICO from 2018 to 2022. Of course, this is an effort to show you the changes in LICO over the years.

Size
of Family Unit
2018 2019 2020 2021 2022
one person $12,475 $12,669 $12,961 $13,213 $13,310
two persons $15,531 $15,772 $16,135 $16,449 $16,570
three persons $19,093 $19,390 $19,836 $20,222 $20,371
four persons $23,181 $23,542 $24,084 $24,553 $24,733
five persons $26,292 $26,701 $27,315 $27,847 $28,052
six persons $29,652 $30,114 $30,807 $31,407 $31,638
seven persons $33,014 $33,528 $34,299 $34,967 $35,224
If more than seven persons, for each
additional person, add
$3,361 $3,414 $3,493 $3,560 $3,586

How to realize income in comparison to LICO

The best way to realize your income to compare it with LICO is to look at your Notice of Assessment (NOA). Unfortunately, a typical NOA is confusing. However, your answer is line 150 or 15000 of the NOA. Regardless, in some immigration options, you could refer to your earnings statements or T4. Nonetheless, consult with an accountant for correct figures. Also, ask a practitioner if using these sources is beneficial. Finally, if you use LICO for settlement funds, your account balance is more important than your income.

Questions about LICO 2022 or immigration matters to Canada

If you have any questions about LICO 2022 or other issues related to immigration, fill out the following form. Of course, we will get back to you as soon as possible. However, if the question is case-specific, we advise you to book a consultation session.

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    We extracted the LICO table from the IRCC website.

    Updated: 2021-11-11

    -Read this article in Spanish-

    Of course, you may click here to explore your 2021 immigration options.

    Updated May 13, 2022

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    Al Parsai, MA, DTM, RCIC
    Regulated Canadian Immigration Consultant
    Ashton College Instructor – Immigration Consulting
    Author – 88 Tips on Immigration to Canada

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    Al Parsai

    Al Parsai is a Regulated Canadian Immigration Consultant (class L3 RCIC-IRB – Unrestricted Practice) in Toronto, Canada. He is an adjunct professor at Queen's University Law School and Ashton College. Al, who holds a Master of Laws (LLM) degree from York University, is a member of CICC and CAPIC organizations. Al, the CEO of Parsai Immigration Services, has represented thousands of applicants from more than 50 countries to the immigration authorities since January 2011.

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