I just heard a story on CBC radio about how so many people are just struggling to survive in Alberta. They said that even though wages have gone up, people are saving less than they did 5 years ago due to the very high inflation rate in Alberta and due to the off the chart cost of living. They also stated that the food bank has been the busiest in years for the very reason that even some families with 2 jobs just can't keep up after paying rent or their mortgage plus the cost of the bare necessities. I totally understand where they come from. I just got hit with ANOTHER 200 dollar a month rent increase notice to take effect January 1st. My rent has gone from 600 dollars per month to 1300 dollars per month while my wages have barely budged. I am in a high tech, well paid field but still find Alberta very unfordable. The Parkland Institute from the UofA is heading a conference to try to figure out why so many Alberta families are struggling so much in what is supposed to be a prosperous Boom but in reality is a BUST for so many people.
"Treading Water
Alberta is experiencing an unprecedented boom, yet most
Albertan’s are finding their paycheques still don’t go quite
far enough. The combination of heated economic growth and
stagnant wages spells trouble for Alberta working families. The
conference will look at the state of wages in Alberta, explore the
causes of these inequalities in the labour market and discuss
solutions to get workers’ wages moving again."
"Treading Water
Alberta is experiencing an unprecedented boom, yet most
Albertan’s are finding their paycheques still don’t go quite
far enough. The combination of heated economic growth and
stagnant wages spells trouble for Alberta working families. The
conference will look at the state of wages in Alberta, explore the
causes of these inequalities in the labour market and discuss
solutions to get workers’ wages moving again."