What is a Living Wage
A Living Wage is different from the minimum wage. Participating is not mandatory, it is a voluntary program employers may implement in their workplaces. A Living Wage reflects what earners need to make in order that their household can meet its basic needs. It ensures families are not under severe financial stress, promotes social inclusion, and helps families achieve a basic level of economic security.
A Living Wage is based on the actual costs of a conservative basket of goods and services, and is community-specific. In this instance, wherever possible, costs from the London community were used in the calculation.
A Living Wage is calculated as an hourly rate, and it takes into account government transfers and deductions. For more information see Living Wage Canada.