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Home rental costs biggest driver of P.E.I.’s increased livable wage, says report [Video]

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Prince Edward Island News

The Canadian Centre for Policy Alternatives released a new estimate of a livable wage in the province, and many Islanders fall below the threshold. The centre’s director, Christine Saulnier, explains what that means, while local advocates Cory Pater and Hannah Bell discuss what could be done to improve affordability.

Advocacy groups say many on P.E.I. aren’t making a livable wage, and that’s causing Islanders to make a tough choices about rent and groceries.

A new report from the Canadian Centre for Policy Alternatives says the livable wage is now $22.76, and many Islanders are struggling to make that hourly rate. In 2020, the centre calculated the living wage at $19.30.

A livable wage is the minimum income necessary for a worker to meet their basic needs.

The group said housing was the biggest reason the figure has gone up. According to the report, apartment rents on the Island increased by an average …

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