Minimum wage increases in Ontario won’t help with the rising cost of living, owner says

Ontario's minimum wage increased 50 cents an hour over the weekend, but Aiana owner Devinder Chaudhary says the increase to $15.50 won’t help with the rising cost of living.

"The minimum wage should be the living wage,” Chaudhary said.

His Ottawa restaurant is part of the Ontario Living Wage Network, paying his employees a minimum of $18.60 an hour. That is the calculated wage an Ottawa resident needs to adequately cover expenses like food, clothing, shelter, medical and other expenses.

Full story at CTV News.

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Sean McKenty commented 2022-11-28 12:29:39 -0500
Based on an average 2 bedroom apartment in Hamilton costing $2150/month I’d say a living wage is closer to $40/hour
Jeff Goldblum commented 2022-10-15 04:48:31 -0400
That’s a living wage nowadays? Not for an individual. Not if youre a couple with a kid. Rent is $1,500, so much for not more than 1/3 of income on rent or mortgage, groceries is supposed to be 10% of income, you’re not feeding yourself with $60 a week, good luck getting a car, an 8 year old Toyota corolla is $16,000, or 25% of your total income if you get a 3 year loan with ok terms. .

There’s some assumptions going on in this calculation that don’t apply anymore.
Craig Pickthorne published this page in News 2022-10-03 10:57:51 -0400