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 minimum 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-bedroom 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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

View Royal mayor victimized in CERB identity theft scam

David Screech shocked to find his CRA account was accessed, his banking information changed

Greater Victoria real estate sales numbers tell two stories for July

Real estate board president Sandi-Jo Ayers talks about pent-up spring demand, low inventory

Driver loses control, crashes into Saanich furniture store

Crash at Lazyboy Furniture store Wednesday afternoon

B.C. Appeal Court prevents Victoria woman from using the term ‘death midwife’ in her job

Pashta MaryMoon claimed she had been providing “death-care services” for more than 40 years

Greater Victoria Crime Stoppers wanted list for the week of Aug. 4

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

POLL: Should it be mandatory to wear masks when out in public?

B.C. is witnessing an alarming rise in the number of cases of… Continue reading

B.C. doctors, dentists call on province for mandatory mask rule

Open letter says masks should be worn in indoor public spaces, public transportation or in crowds

Dwindling B.C. bamboo supply leaves Calgary Zoo biologists worried about pandas

Zoo has been trying to send pandas back to China since May

Facebook launches its new TikTok clone, Instagram Reels

Facebook has a long tradition of cloning competitive services

‘We all have anxieties’: B.C.’s top doctor addresses return-to-school fears amid COVID-19

Dr. Bonnie Henry promises school restart plan safe for B.C. kids

B.C. fish harvesters receive long-awaited details on pandemic benefits

Applications to the $470-million federal assistance programs will open Aug. 24

B.C. fish harvesters receive long-awaited details on pandemic benefits

Applications to the $470-million federal assistance programs will open Aug. 24

Most Read