2019 Living Wages Released
BC's child care investments have major impact
Living wage calculations for communities across BC decreased significantly this year, according to a new report released today from the Living Wage for Families Campaign. Even though costs are increasing steeply for rent and other basic necessities, the cost of living for families with children is lower in 2019 thanks to the provincial government’s new child care policies.
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The Living Wage Increases Across BC
Soaring housing costs is causing the living wage to increase in Metro Vancouver
The cost of raising a family in British Columbia increased slightly from 2017 to 2018. And if it hadn’t been for reductions in Medical Service Plan premiums and child care costs, the increase would have been higher.
A $20.91 hourly wage is needed to cover the costs of raising a family in Metro Vancouver, up from is $20.62 per hour in 2017. This is the hourly wage that two working parents with two young children must earn to meet their basic expenses (including rent, child care, food and transportation), once government taxes, credits, deductions and subsidies have been taken into account. The cost is calculated annually in Working for a Living Wage : Making Paid Work Meet Basic Family Needs in Metro Vancouver, a report published by the Canadian Centre for Policy Alternatives’ BC office, First Call: BC Child and Youth Advocacy Coalition and the Living Wage for Families Campaign.
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