Living Wage Financial News
07.09 / 13:47
Housing
housing crisis
Affordability
Living Wage
N.S. affordability crisis deepens as gap between living wage, minimum wage grows: report
living wage calculations reflect costs in June 2023, and take into account government transfers added to the family’s income, like child benefits, as well as deductions subtracted, like taxes and EI premiums.“The wage should be enough for the family to avoid severe financial stress, support the healthy development of their children, and participate in their social, civic, and cultural communities,” the report said.The report, released Thursday, said the living wage is $7.85 to $11.59 higher than what the minimum wage will be next month.“Working people deserve to work to live, not just live to work,” the report said.
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