Quote:
Originally Posted by calgarywinning
I wonder what the cost of living is in Seattle. I would saying that $15 an hour in Calgary is a minimum wage based on cost of living. And we are legislated below that, however, it's for the market supply and demand to fix the rate not government.
My point being is while we have a legislated minimum wage, I doubt that any viable business is able to hire people for the AB minimum wage. The market has corrected. This was for a time where jobs were in short supply.
With the hole temporary foreign worker ban interfering with supply and demand I would expect the market rate to soar as well as end prices to the consumer for the workforce aspect.
SebC 2.4% is half the rate of inflation the City of Calgary is applying, as well as their minimum wage for companies bidding on contracts to pay a minimum wage. This is somewhere between $17 and $24 an hour. 45k to 57k a year.
I guess minimum wage in Canada is around $15. I think the cost of living adjustment this is 20-25% more than what Seattle is paying.
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I hire people within a dollar of minimum wage alllllll the time.
Minimum wage is minimum wage, and I absolutely guarantee you that a LOT of people are making less than $15/hr.
It's a nice thought though, isn't it?