The 2022 living wage for the eastern Ontario region, of which Peterborough is a part, has been identified as $19.05 per hour.
The United Way of Peterborough and District released it 2022 Living Wage Report, aptly titled The Gap as it shows the stark gap between monthly expenses and the incomes of those earning minimum wage.
Among other things, the report shows that minimum wage earners are making just 82 percent of a living wage, falling short of basic covering monthly expenses by $424. Meanwhile, those receiving the Ontario Works benefit are a staggering $1,861 short of covering monthly expenses – 26.5 percent of a living wage.
Alarmed by the report’s findings is Peterborough Medical Officer of Health Dr. Thomas Piggott, who says those earning less than a living wage are at a substantially higher risk of health issues. He adds it’s incumbent upon the provincial and federal governments to increase existing supports.
Employers, adds Dr. Piggott, have a role to play as well in addressing the gap between income and basic monthly costs.
United Way CEO Jim Russell concurs with Dr. Piggott’s take, particularly as it pertains to the need for government to step up and ensure benefits keep pace with inflationary realities.
The full Living Wage Report can be found online at https://www.uwpeterborough.ca/wp-content/uploads/2022/11/Living_Wage_V3_Online.pdf.
(Written by: Paul Rellinger)
