Inflation and wages: Ontario's sustainable hourly rate on the rise

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Inflation and wages: the viable hourly rate on the rise in Ontario

The Ontario Living Wage Network estimates the living wage for living in Toronto at $23.15 per hour while the general minimum wage in Ontario is currently $15.50 per hour.

The Ontario Living Wage Network releases a new list of living wages in the province. The sharp rise in the cost of living is pushing business owners to go the extra mile to pay their employees better.

Residents of the Greater Toronto Area now need to earn $23.15 an hour to support themselves.

Ontario's Estimated Living Wage Hourly Living Wage Network grew by more than a dollar over last year in the Toronto area.

Each year, the group releases a report that assesses the cost of living in ten regions of the province.

A living wage is calculated based on the cost of living taking into account the main expenses for a resident of a particular city or region. Housing, child care, transportation, and food are all part of the equation.

The living wage is generally above the minimum wage.

The network indicates that inflation and the cost of housing are the two factors that have the greatest impact on low-income workers.

In Waterloo Region, Kitchener, home of TWB Brewing microbrewery, the hourly rate for a living wage rose from $17.20 to $19.95, a 16% increase from 2021 to 2022.

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The new $2.75 hike will be a big blow, says co-owner Aleksandra Szaflarska.

An increase was expected hourly rate with inflation and the rising cost of living, she explains.

Many employers choose to offer a living wage to their staff.

Still, she would like to see more companies follow suit by, in turn, adhering to living wages for all their employees.

People should be able to live well. I hope the public will understand the real cost of the work, adds Aleksandra Szaflarska.

  • Greater Toronto: $23.15
  • Grey Bruce Perth Huron Simcoe: 20 $.70
  • Dufferin Waterloo Guelph-Wellington: $19.95
  • Brant Niagara Haldimand Norfolk: $19.80
  • Northern Ontario $19.70
  • Ottawa: $19.60
  • Eastern Ontario: $19.05
  • Hamilton: $19.05
  • Southwestern Ontario: $18.15
  • London Elgin Oxford: $18.05

Source: Ontario Living Wage Network

In Windsor-Essex, the living wage is up 9.3% from last year, and 22% from 2018.

The increase more pronounced affects residents of Northern Ontario.

In Sudbury and Thunder Bay, the hourly rate of a living wage is now set at 19, $70, a jump of 16% and 20.9% respectively in one year.

One ​​in four full-time workers at minimum wage is under 20, says the door -Ontario Living Wage Network spokesperson, Craig Pickthorne.

The rest, 75% of them, are responsible for a family, he adds .

Between buying clothes, car maintenance or public transport, people are forced to make heartbreaking choices, believes Craig Pickthorne.

If you work full time, you should be able to make ends meet. What else is work for? he says.

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