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Yellowknife

10 Sep 2015

It supported the creation of the Government of the Northwest Territories’ strategic framework on poverty (Building on the Strengths of Northerners) tabled in June 2013, and the action plan scheduled to be tabled in June 2015. [...] The Living Wage calculation for Yellowknife is based on a two-parent family with two children – the most common family unit in the city. [...] For this family, the Living Wage rate for Yellowknife is: $20.68 per hour for each parent This Living Wage calculation is a priority of the No Place for Poverty coalition as part of efforts to reduce and eliminate poverty. [...] A review of rents being charged by the two major property managers in Yellowknife as of May 2, 2015,15 suggested that rental rates for 2 and 3 bedroom units have not changed significantly since the CMHC 12 Note that housing cost included in the Yellowknife MBM uses the weighted average of median rent for 2 and 3+ bedroom apartments plus the cost of electricity and it does not include the cost of t [...] For this reason, the CMHC may underestimate the average cost of renting; however, in order to avoid overestimation, CMHC estimates are used for the monthly cost of a 2 and 3 bedroom and $1,250 is used for the monthly cost of a 1 bedroom.
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Authors

Haener, Michel

Pages
24
Published in
Ottawa, Ontario

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