VICTORIA — British Columbia's Labour Ministry says the province's lowest paid workers are getting a pay bump as of Sunday. It says the minimum wage will increase from $17.40 to $17.85 an hour. The ministry says the 2.
For some people $900 means little. For a lot of people $900 makes the world of difference.
Minimum wage like rent control prevents the bottom from completely falling out, it isn’t meant to be the solution and yes I read that article about rent control last week.
If you were paying the average rent on a studio of $1456 (from CMHC, Oct 2024) and your landlord increased rent in January by the legal maximum of 3% you’d be spending an extra $524.16 in 2025 right there. And with this wage increase only coming into effect in June that $900 is only an extra $525 for 2025. Enjoy that extra 7¢/month, best of luck finding something you can actually buy with that. Are 5¢ candies still a thing?
For a 2000 hour work year, that’s an increase of $900. Sounds great.
For some people $900 means little. For a lot of people $900 makes the world of difference.
Minimum wage like rent control prevents the bottom from completely falling out, it isn’t meant to be the solution and yes I read that article about rent control last week.
If you were paying the average rent on a studio of $1456 (from CMHC, Oct 2024) and your landlord increased rent in January by the legal maximum of 3% you’d be spending an extra $524.16 in 2025 right there. And with this wage increase only coming into effect in June that $900 is only an extra $525 for 2025. Enjoy that extra 7¢/month, best of luck finding something you can actually buy with that. Are 5¢ candies still a thing?