These amounts are the monthly total surplus income of the bankrupt over the standards, from which the surplus income payment should be calculated.

Superintendent's Standards - 2008 - Total Monthly Surplus Income

Persons	S	Family Unit's Available Monthly Income
		1936	2036	2136	2236	2336	2536	2736	2936	3136	3336	3536	3736	3936	4136	4436	4736	5036
1	1836	100	200	300	400	500	700	900	1100	1300	1500	1700	1900	2100	2300	2600	2900	3200
2	2286	0	0	0	0	0	250	450	650	850	1050	1250	1450	1650	1850	2150	2450	2750
3	2811	0	0	0	0	0	0	0	126	326	526	726	926	1126	1326	1626	1926	2226
4	3413	0	0	0	0	0	0	0	0	0	0	124	324	524	724	1024	1324	1624
5	3870	0	0	0	0	0	0	0	0	0	0	0	0	0	266	566	866	1166
6	4365	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	371	671
7+	4860	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	176

 

The Superintendent's Standards ("S") are derived from the Low Income Cutoffs (LICO) released by Statistics Canada. The Superintendent uses the before-tax LICO for urban areas with 500,000 people or more. The 2008 standards are updated adding to the 2006 LICO the 2007 Consumer Price Index (CPI) of 2.2% plus a 1.7% adjustment reflecting the 2008 CPI expectation.

 

Example (Family unit of 2)

Bankrupt's available monthly income:	$1,800
Other family unit member's available monthly income:	$1,000
Family unit's available monthly income:	$2,800
Minus the Superintendent's standard for a family unit of 2 as per above.	$2,286
Total monthly surplus income:	$514
Bankrupt's portion of the family unit's monthly income (1,800 ÷ 2,800 = 64.3 %)
Payment required from bankrupt, [(514 × 64.3 %) × 50 % = 165.25]:	$165

10. Where a person considered to be a member of the family unit as defined in section 5 who is not a bankrupt refuses or neglects to divulge his or her family income and expenses, for the purposes of subsection 7(1), this person is deemed not to be a member of the family unit. The trustee shall describe these circumstances in Form 65 entitled Monthly Income and Expense Statement of the Bankrupt and the Family Unit and Information (or Amended Information) Concerning the Financial Situation of the Individual Bankrupt and in Form 82 entitled Report of Trustee on Bankrupt's Application for Discharge.

Irregular Income

11. When a bankrupt's income is irregular (e.g., sale commissions or seasonal employment), the amount that the bankrupt is required to pay to the bankrupt's estate may be deferred until the time of preparation of Form 82 entitled Report of Trustee on Bankrupt's Application for Discharge, if necessary. At that time, the average income for the period of bankruptcy would be considered for the purpose of determining the amount that the bankrupt is required to pay to the bankrupt's estate and a conditional discharge shall be recommended by the trustee for the total amount, if this has not already been paid.