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submitted 11 months ago by yogthos@lemmy.ml to c/canada@lemmy.ca
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[-] God_Is_Love@reddthat.com 8 points 11 months ago

This honestly seems low for the way things are, I suspect it will increase in the next couple years as real estate and rental prices catch up to people who have been less effected so far

[-] ultratiem@lemmy.ca 3 points 10 months ago

Yeah this is so wrong. I read stats claiming only the top 30% make $70k annually or more. That’s basically $4k a month take home. Given rent and bills, that actually likely leaves people with like $1,500 for food and other. Given the cost of food, I can’t see anyone eating on a budget of $200 a month. Even eating moderately costs about $400-500 and you’re likely making most of your meals from scratch.

And that’s the top 30%. What are the other 70% living like? Because I buy a dozen eggs, some milk, a loaf of bread and I’m down like $20.

[-] saigot@lemmy.ca 0 points 10 months ago

I think you are looking at individual income where household is more appropriate. The median after tax household income is 68k. So that's still 50% doing worse, but it's a little better than you make out.

[-] ultratiem@lemmy.ca 1 points 10 months ago

Sorry how is 68k annually per household better than 70k per person? Your figures make the situations worse.

[-] saigot@lemmy.ca 1 points 10 months ago* (last edited 10 months ago)

70k per household is the top 50% of renters not the top 30 like you say.

[-] ultratiem@lemmy.ca 0 points 10 months ago

Yes but out of a household of 4, you’d theoretically have two people earning $70k annually if per person right? So your stats half the household incomes but only drop the population by 15% give or take. Thats far more bleak.

[-] tarsn@lemmy.ca 3 points 10 months ago

Statistics are probably not up to date

[-] God_Is_Love@reddthat.com 1 points 10 months ago
[-] Showroom7561@lemmy.ca 8 points 10 months ago* (last edited 10 months ago)

The solution: Policies that increase incomes

Reducing food insecurity requires income solutions such as higher minimum wage, higher social assistance rates and lower income tax rates for the lowest income households.

While I do agree that these should be in place, the reality is that it's not only the lowest income households who are struggling with the cost of living.

Support should be given to all households who aren't outright wealthy or else you're ignoring the majority of Canadians.

[-] ILikeBoobies@lemmy.ca 1 points 10 months ago

NDP want their policies to be universal

Liberals want it to only apply to the lowest class

Cons don’t want any

Based on popularity, most people seem to be between none and bare minimum

[-] isVeryLoud@lemmy.ca 1 points 10 months ago

I want to stab you 20 times.

You don't want to be stabbed at all.

Let's compromise and stab you 10 times.

[-] asg101@lemmy.ca 1 points 10 months ago

The oligarchs are intent on starving us all to death.

[-] trackcharlie@lemmynsfw.com 1 points 10 months ago

We are currently spending more on "attracting" new immigrants than we do housing the ones that get here or even the Canadians that are lying in homeless camps around nearly every city.

These politicians deserve prison time for their incompetence. Left and right. Not a single one of these rat bastards is doing the job they're actively stealing money from hard working canadians to pay themselves off with.

this post was submitted on 01 Dec 2023
25 points (79.1% liked)

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