CanadaPolitics

1974 readers

4 users here now

Placeholder for any r/CanadaPolitics refugees

Rules

Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca

founded 2 years ago

MODERATORS

lightrush

grte

272

B.C. tying minimum wage increases to inflation permanently through new law (www.nelsonstar.com)

submitted 11 months ago by grte to c/canadapolitics

27 comments fedilink hide all child comments

Non-Paywall Article

you are viewing a single comment's thread
view the rest of the comments

[–] jadero 10 points 11 months ago (1 children)

Does anyone have a good estimate for what minimum wage would be if this had been implemented in 1970?

[–] [email protected] 9 points 11 months ago (1 children)

Did the math once at from somewhere around that time it'd be about $27

[–] jadero 4 points 11 months ago

Thanks. When we saw this, my wife and I just guesstimated that it would have to be close to $30 based on our experiences in the mid-late 1970s compared to now.

I was earning about 1.5 times minimum wage and managed to keep a pretty nice 2-bedroom apartment and food on the table while she stayed home with our son. We didn't think we had a lavish lifestyle, but we still managed a decent used car, her motorcycle, weekly date nights, and fairly regular camping trips.

Sadly, that might actually qualify for a fairly lavish lifestyle today.