The new #livingwage numbers are out CBC—#Edmonton and #Calgary's minimum wage isn’t cutting it against inflation’s relentless rise. Everything from rent to ramen is pricier, and let’s be honest, no one wants to juggle two or three jobs just to break even. That’s where the living wage struts in like a superhero—here to save the day (and our wallets). Paying a living wage is more than a nice-to-have; it means employees can thrive, not just survive. Happier, healthier team members are more engaged, less likely to jump ship, and bring their best selves to work. And when they win, our communities win too! More stability, more spending power, and more vibrant local businesses. Supporting living wages isn’t just good ethics—it’s good economics. Everyone deserves a shot at a better life, not just the next paycheck. Let’s make sure our communities are built on fairness and respect, one paycheck at a time. #LivingWageHeroes #Earnings #WageWins #community Alberta Living Wage Network https://lnkd.in/gK8RRgPR
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Building more homes is one thing. Affording them is another. The minimum wage across B.C. Right now is $17.40 per hour…. “The living wage, according to the CCPA, is the hourly rate that each of two parents working full-time needs to make in order to support a family of four in their community. (It does NOT take into account home ownership.) People living in Whistler have the highest living wage; they need to earn $28.09 per hour to meet their basic needs. The lowest living wage in the province is $20.81 an hour in the community of Grand Forks.” To reiterate, the minimum wage across B.C. right now is $17.40 per hour.
Living wage increases across B.C., reaches $27/hr in Metro Vancouver, says economic think tank | CBC News
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🌟 The 2024 Living Wage Report is Here! 🌟 We’ve done the math, and the results are in! The Alberta Living Wage Network's 2024 report highlights the living wages across the province, complete with detailed calculations and breakdowns. 💡 Find out what it really takes to make ends meet in Alberta and why advocating for a living wage matters now more than ever. 📥 Read the full reporthere https://lnkd.in/dRD6BAHB Together, we can build a fairer Alberta where everyone can thrive. 💪 #LivingWage #FairPay #WageJustice #LivingWageAlberta
https://www.livingwagealberta.ca/s/ALWN-Living-Wage-Report-2024.pdf
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We are a proud Living Wage BC employer! The living wage in Metro Vancouver has risen to $27.05 an hour. Over the past few years, the Living Wage has increased dramatically, reflecting the skyrocketing rental prices and soaring grocery costs across the province. While public initiatives have provided some relief through reduced childcare fees and small financial support for low-wage workers, these measures haven’t fully balanced the rising costs of essentials like food and rent. As a co-op, caring for our staff and community is at the heart of what we do. We’re proud to remain committed to paying a living wage, standing alongside over 450 employers in BC who are dedicated to paying a living wage for their employees. Read the full report: https://lnkd.in/gfq_CxTS Canadian Centre for Policy Alternatives Living Wage BC #livingwage #coop
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The Ontario Living Wage Network has released the Updated 2024 Living Wage rates for the 10 Ontario regions. As expected, the Greater Toronto Area continues to have the highest living wage rate at $26.00, up from $25.05. The London-Elgin-Oxford region has the lowest in the province at $19.50, up from $18.85. https://lnkd.in/gvRqs7sE
Updated 2024 Living Wage Rates
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Ontario minimum wage is (until October) $16.55/hr. If one works 35 hours weekly, that amounts to $579.25. After deductions (tax) is taken out, the amount is actually $75 less. So, $503.98. Times 4 weeks a month, $2,015.92, now multiplied by 12 months. A net annual income (using that criteria) of $24,191.04. That doesn't reflect any time off for vacation or sick days because the majority of those earners can't take any. The cost of living in Ontario 2023 averages for a 4 person family, per year (without rent)C$58,176. What's considered poverty line? Defined as people living in the province of Ontario, Canada who are deprived of or facing serious challenges in meeting basic needs such as shelter, food, clothing and other essential needs. According to Canada’s official poverty measure, a person is considered to be living in poverty in Toronto if their income is under $2,131 a month. Going by the figures above, even those working minimum wage (generally in unsatisfying positions offering no job security, pension or personal fulfillment) are actually living below the poverty line. Which is why many have to resort to working more than one job. So how can Premier Ford dismiss how he can justify paying the swollen salaries of his employees numbering 48 X $100K, keep in mind- 35 hour weeks, nights and weekends off, while those without equal access to the same benefits make a quarter of that annual salary often in situations where evening and weekend work is all that's available. At best. It's an embarrassing look into the inequity the majority of Ontarians face and cannot overcome and an epic example of Class stratification.
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The Ontario Living Wage Network (OLWN) has released its 2024 living wage calculations, and the numbers show that minimum wage still falls short in ensuring a reasonable standard of living. Key Takeaways: 🔸 Living wage vs. minimum wage The living wage reflects the hourly rate needed to cover basic expenses and participate in the community. It's calculated based on a basket of goods and services for different family types. 🔸Rising cost While inflation is slowing, the cost of living continues to rise, primarily driven by housing costs. 🔸Regional variations Living wage rates differ across Ontario, with the highest in the Greater Toronto Area ($26/hour) and the lowest in Southwestern Ontario ($19.85/hour). A living wage empowers employees to thrive, not just survive. Employers who pay a living wage contribute to a stronger economy and a more vibrant community. Follow us at MacDonald Search Group for more Canadian labour updates! #WeConnectTheBest #LivingWage #MinimumWage #Ontario
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New data published by Canadian Centre for Policy Alternatives and Living Wage for Families BC has found that 1 in 3 people in BC earn less than the living wage. That’s more than 740,000 people who are trapped in a gap between how much money they earn and how much they need to earn to pay for rent and other essentials. They did a deep dive into the stats and found that: 💡 57% of workers who don’t earn a Living Wage in Metro-Vancouver are women 💡 2/3rds of workers who don’t earn a Living Wage in Metro-Vancouver are people of colour. 💡 Half of all racialized women in Metro-Vancouver don’t earn a Living Wage. At Vancouver Foundation, we’re committed to doing what we can do to close gender and racial pay gaps, and that’s why we’re a proud Living Wage Employer. We're calling on the BC Government to take steps to close the gap between the minimum and the living wage by lifting wages and introducing policies to make life more affordable for working people. Read more at policyalternatives.ca/gap
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The 2024 Squamish living wage has been calculated at $26.76 per hour, a 6.5% increase from 2023 ($25.13). There is a striking gap of $9.96 between the living wage and the BC minimum wage of $17.40. Although inflation decreased from historic highs, cost increases for essentials continue to push up the living wage. Housing costs for the Squamish living wage family increased by 14.28 per cent this year—an additional $374 per month. Given the increasing pressure of inflation and rising rents in 2024, households in Squamish are facing increasing and unprecedented pressure. The living wage is the hourly rate that each of two parents working full-time must earn to support a family of four based on the actual costs of living in a particular community. The living wage is calculated by the Squamish Community Foundation, Canadian Centre for Policy Alternatives - BC Office, and Living Wage BC. 🤓 Read our full report: https://lnkd.in/g3dYDBA4
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The 2024 Ontario Living Wage Rates Are Out – Are You Surprised? The Ontario Living Wage Network has just released its updated data for 2024, revealing the minimum income workers need to meet basic expenses and participate in their community. As we review the findings, it’s a critical moment for employers, policymakers, and communities to reflect on what these numbers mean. At Godspeed Group, we believe in connecting organizations with top talent, but also in advocating for compensation that supports employees’ well-being and stability. 📊 The updated living wage rates show that while inflation has slowed throughout the country, the wages needed to ensure basic needs are met still continues to increase. These figures are a powerful reminder of the challenges many workers face in making ends meet. We’d love to hear your thoughts: Are you surprised by the new living wage numbers? How might these changes influence hiring, compensation strategies, or employee retention in 2024? Let’s start a conversation. Together, we can build workplaces that are both sustainable and supportive. https://lnkd.in/gj5e46CP
Updated 2024 Living Wage Rates
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Saskatchewan’s minimum wage will rise to $15 in October 2024. Alberta had the highest minimum wage in Canada in 2018. By the end of this year, we will have the joint lowest, and without action, we will soon be the lowest.
"We know that because people who are making minimum wage aren't able to make ends meet, they're having to make trade-offs in terms of things like medication and food particularly." said Meaghon Reid about the consequences of not raising minimum wage. The living wage in Calgary is $23.70 for 2023 and Alberta has not raised its minimum wage since 2018, when it was the highest for Canada. Now it's the second lowest, following Saskatchewan's which sits at $14/hour. https://lnkd.in/du3--B7S
Alberta used to have the highest minimum wage in the country. Now it's the second lowest | CBC News
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