Greater Victoria residents working full time and earning the mininum wage would have to work 90 hours a week to be able to afford a two-bedroom apartment (Black Press File)

Greater Victoria has zero affordable neighbourhoods for full-time workers earning mininum wage

Figure appears in a report from the Centre of Policy Alternatives

A Greater Victoria resident working full time earning the provincial minimum wage would have to work 90 hours a week to afford a two-bed room apartment, according to a new study. Only residents of Vancouver (112 hours) and Toronto (96) hours would have to work more.

The figures appear in a report from the Centre of Policy Alternatives titled Unaccommodating: Rental Housing Wage in Canada. The report sought to determine the rental wage, which the report defines as the hourly wage that a full-time worker must make to be able to rent an average two-bedroom apartment using no more than 30 per cent of their income, the threshold for affordable housing.

According to the report, the average rental wage across all of Canada is $22.40 per hour, with Victoria’s rate being $28.47. The provincial minimum wage is $12.65 as of October 2018.

RELATED: New report finds many Sidney residents struggle with housing affordability

“Importantly, because all provincial minimum wages are far lower than these average rental wages, it is not possible for many full-time workers [in Canada] to afford to live anywhere without spending more than 30 per cent of their income on rent,” it reads.

Looking across the country, the report finds that minimum-wage workers can “comfortably afford” the average two-bedroom rental rate in three per cent of the 795 neighbourhoods where rental and income data are available.

According to the report, 23 out 36 metro areas in Canada lack any neighbourhood where the average-priced one-bedroom is affordable to a minimum-wage worker, and 31 have no neighbourhoods where a two-bedroom apartment is affordable.

Greater Victoria, according to the report, has zero affordable neighbourhoods, be it for one-bedroom or two-bedroom apartments.


Like us on Facebook and follow @wolfgang_depner

wolfgang.depner@peninsulanewsreview.com

Just Posted

Victim of downtown Courtenay assault dies from injuries

Person of interest identified by RCMP

‘Actors can play any roles’: Debate over ‘colour-blind’ casting after Victoria lawsuit

Tenyjah Indra McKenna filed a complaint over racially-motivated casting

Talks between Western Forest Products and union break down

No more negotiations imminent between United Steelworkers 1-1937 and company

Farmers worry about future of water in Vancouver Island watershed

Some water licences restricted for first time last summer in Cowichan Valley’s Koksilah region

A white Christmas not likely for southern Vancouver Island

Snow could be in the forecast for mid to late January, early February, says meteorologist

VIDEO: UBC exchange students offered $1,000 to help with leaving Hong Kong

The university said 31 of its students were attending four universities in Hong Kong

Ballenas Whalers advance to junior varsity Subway Bowl B.C. title game

Parksville squad will play for provincial high school football crown

Infants more vulnerable to measles than previously thought: Canadian study

Babies typically don’t receive the measles vaccine until they are 12 months old

Shatner, Obomsawin among 39 inductees to Order of Canada today

Shatner is being given one of Canada’s highest civilian honours for his 60-year career

Four arrested after report of shots fired in Nanaimo

RCMP arrest four suspects in high-risk takedown in Cedar

Teacher tells B.C. Supreme Court that student was ‘happy’ to watch smudging ceremony in classroom

Case being heard in Nanaimo over indigenous cultural practice in Port Alberni classroom

First Nations feel shut out in barge grounding off Quadra Island

Wei Wai Kum First Nation in Campbell River disappointed with Nana Provider handling

Plant-based pizza restaurant to open its doors in Victoria this December

Virtuous Pie has locations in Vancouver, Toronto and Portland

Cirque du Soleil brings dazzling ice show Axel to Victoria this spring

Axel includes acrobatics, ice skating, live music and more

Most Read