Minimum wage and living wage, what’s the difference?

With all this living wage talk, it is important to point out the differences between minimum wage and living wage.Mother going through bills with daughter

The important thing to remember is that calculating a living wage rate helps answer the question:

 “What DOES it cost to live, learn, work and play in our community?”

Minimum wage:

1. Ontario is $10.25/hr

2. Legislated and legally binding

3. Determined by provincial government

4. Has little community building effect

5. Creates working poor

6. Is about surviving

Living wage:

1. Varies from community to community

2. Voluntary

3. Determined by the community

4. Good for local economy

5. Creates prosperity

6. Is about participating

Mother going through bills with daughter