The Community Social Planning Council of Greater Victoria (CSPCGV) released its 2018 Living Wage report this week, and as you might expect, it’s not getting any cheaper to live in BC’s capital city.
In fact, due to – among other things – soaring housing costs, the living wage has jumped almost $0.50 in just a year.
The CSPCGV added that if it hadn’t been for reductions in Medical Service Plan premiums and child care costs, the increase would have been higher.
What is the Living Wage?
The Living Wage Rate reflects the real costs of living through the hourly wage required to enjoy an adequate quality of life in our region.
The Community Social Planning Council of Greater Victoria calculates and releases this number each year, based on the best data available about costs in our region.
In 2018, the wage required to maintain an adequate quality of life in BC’s Capital Region is calculated at $20.50 per hour.
Working poverty is a Canada-wide issue. Over 50 communities across the country, including 21 in BC, have active living wage campaigns and are advocating to improve quality of life for low-wage workers.