For a 2000 hour work year, that's an increase of $900. Sounds great.
this post was submitted on 28 May 2025
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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?
That doesn't seem like much.
Poverty was solved once and for all!
They should just change that to maximum wage, see what happens
LoL! Check your title.
Fixed!
American here, and I've said it before but it applies to everywhere. Minimum wage needs to be based on a calculation that incorporates data from poverty rates, inflation, and cost of living in your local area. And it should recalculate AT LEAST once a year, but preferably quarterly or even monthly.