There you go. You are walking a financial tightrope. One slip and you are homeless and up shit creek if you don't have family to help you.
Toronto's homeless life span is only 42 years old (half of general population): 3 die each week
- Thread starter stinkynuts
- Start date
Stinkynuts. What you described. That’s not low income earners. That’s reality for the middle class. Too many don’t want to believe it.
yet
Not from the latest news articles I've read. It's my understanding that more and more, international students are using food backs because the rent information they have is out of date and they're running out of money. Being International Students, they are also limited in the hours they can work (20 hours IRCC) as well as a fewer other limitations.
As for sponsored jobs, there is no guarantee that they are being paid a living wage right?
I did the same with 4 other room mates. Great times. As you say, "nothing wrong in starting small and making it eventually". However, you KNOW the living situation is significantly different today than it was 20 years ago. We're all fucking over our children.
Show your math, please. How many hours per week would someone earning $15 per hour have to work to clear $2K per month? Income Tax, EI and CPP deduction will drop the $15 per hour gross amount down to at least $12.
This link will help:
Payroll Deductions Online Calculator - Canada.ca
The Payroll Deductions Online Calculator (PDOC) calculates Canada Pension Plan (CPP), Employment Insurance (EI) and tax deductions based on the information you provide.
Fixed your calculations bruh...Search Results
Featured snippet from the web
If you make $40,000 a year living in the region of Ontario, Canada, you will be taxed $10,446. That means that your net pay will be $29,554 per year, or $2,463 per month.
$40,000 a year, let's you take home $2463 a month.
You will not be able to afford a car, of course:
Let's add up expenses, and find out how much rent one can afford in Toronto.
TTC montlhly pass: $156
Cell phone bill: $70
Food (only eating at home): $450
Utilities (Internet/gas/heat/water/electric) - shared with two others: 600/3 = $200
Miscellaneious (clothes/toiletries/ktichenware/heatlh products): $150
SP/MP: $160/HH
Savings: $40
Total: $1226
That leaves $1237 a month for rent
This would get you a single room in a shared house. So it's doable.
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What you are describing is surviving, not living. People can also 'survive' in a pow concentration camp but have you seen what they look like when they come out on the other side?
Eight hours a day, six days a week, doing minimum wage work doesn't leave much time for life, when you add in an unpaid meal interval, sleep, travel to and from work, shit/shower/shave and routine household chores. The one day off might be spent catching up on sleep. Vacation pay should be lowered to $130, as minimum wage earners don't get more than 4%, (equivalent to two weeks vacation/year).
Many employers prefer to hire more people and only give each of them part time hours, so they're not on the hook to have to pay them for legal holidays, and the don't qualify for perks like a company health plan.
interesting documentary of single woman living on min wage. her husband refuses to work, and she supports the family. She's pretty too.
Plantation owners in the antebellum South ensured that their field slaves had a roof over their heads at nightfall.
If you're single...you need to have an extra side job so supplement with that income...otherwise, that budget doesn't have any wiggle room at all...you can't even afford a blow n go for $40 with that....
Most kids who complete public high school today haven't acquired the skills or knowledge to get and keep a job that pays more than minimum wage. There aren't a lot of options for the ones whose parents can't or won't fund a post secondary school education. Working eight hours a day, six days a week, and attending school as a full time student is next to impossible, without help from 'Dr Pill'.
You know there are implications to what you're describing right? Most people who live like that has basically are close to no life...prone to get depressed, could get jealous at other people...etc...there's a lot of downside to that kind of life and could take it's toll on someone...mentally. Like someone said...surviving could still get you long term...People in minimum wage need to hustle on the side...enjoy at least once a week. When I was younger (25) I worked 2 jobs...but made sure my weekends are free to hang out with friends...
One root canal and they could be on the streets.
Again, this guy I met is on a disability pension that pays a bit north of $1,100 a month. He pays $400 for a room so that leaves over $700 for other stuff. He also recently took a job as a crossing guard. Yes, it is very possible to live in Toronto on $1,100 a month.
BTW: I think all or nearly all international students come from rich families. Yes, no, maybe? The article below was true 10 years ago and I think still true to-day.
"Chinese students in the US purchased just under $15.5 billion worth of new and used cars in the 2012-13 school year, according to the latest data provided by market research firm CNW Research. Mercedes-Benz, Lexus and BMW were, far and away, the most preferred brands."
A lust for speed: Young, rich and Chinese in rural America - BBC Worklife
BTW: I think all or nearly all international students come from rich families. Yes, no, maybe? The article below was true 10 years ago and I think still true to-day.
"Chinese students in the US purchased just under $15.5 billion worth of new and used cars in the 2012-13 school year, according to the latest data provided by market research firm CNW Research. Mercedes-Benz, Lexus and BMW were, far and away, the most preferred brands."
A lust for speed: Young, rich and Chinese in rural America - BBC Worklife
There's also risk/danger in flaunting one's wealth.
Man gets 4-year sentence in kidnapping of Chinese student Wanzhen Lu | CBC News
Man gets 4-year sentence in kidnapping of Chinese student Wanzhen Lu | CBC News
My point was that slaves in the Southern US had homes, they were given food, and they were clothed, they just weren't paid for their labour. Someone earning minimum wage in Toronto wouldn't have much left over after paying for their clothes, food and shelter. Housing costs are much cheaper in a smaller town, but owning a car there is a necessity rather than a luxury.
This is only one aspect - and the most benign - of the Foreign Worker program/International Mobility Program/sponsoring and likely the smallest. Most of the sponsoring is for "Program requirements for low-wage positions". For yes indeed, workers are sponsored for minimum & low wage jobs.
Eligible sponsoring includes;
- Construction (NAICS 23)
- Food manufacturing (NAICS 311)
- Wood product manufacturing (NAICS 321)
- Furniture and related product manufacturing (NAICS 337)
- Hospitals (NAICS 622)
- Nursing and residential care facilities (NAICS 623)
- Accommodation and food services (NAICS 72)
How Canada became a hotbed for low-wage foreign labour
How Canada became a hotbed for low-wage foreign labour
A Globe analysis shows a massive rise in temporary foreign workers, which is poised to climb even more
www.theglobeandmail.com
I open to be wrong but I think you have your blinders on, for whatever reasons that have little to do with working class I suspect, and are ignoring the exploitation that is going on or think it's not that bad due to your favorable position in society. You're welcome to research your opinions on your own and prove me wrong.
@stinkynuts
But here is the kicker, the Basic Personal Amount is $15,000 in 2023 meaning a person making $40K a year effectively pays no tax.
So, not $10K
This is not unusual since approximately 40% (much higher now IRCC) pay no income taxes.
Trudeau is right: 40% of Canadians don’t pay income taxes, which means someone else is picking up the bill
financialpost.com
The top 20% of income earners pay 70% of the taxes, way back in 2019. Again, I think it's closer to 73% now.
The basic match for a person making $40K a year is not $10K but closer to 8K. Looking at the combined Fed/Ontario income tax tables, it's $40K x .2005 = $8, 020.Show your math, please. How many hours per week would someone earning $15 per hour have to work to clear $2K per month? Income Tax, EI and CPP deduction will drop the $15 per hour gross amount down to at least $12.
This link will help:
Payroll Deductions Online Calculator - Canada.ca
The Payroll Deductions Online Calculator (PDOC) calculates Canada Pension Plan (CPP), Employment Insurance (EI) and tax deductions based on the information you provide.www.canada.ca
But here is the kicker, the Basic Personal Amount is $15,000 in 2023 meaning a person making $40K a year effectively pays no tax.
So, not $10K
TaxTips.ca - Combined Federal & Ontario Tax Brackets and Tax Rates Including Surtaxes | |
2023 Taxable Income (1) | ON 2023 Marginal Tax Rates |
| Other Income |
first $49,231 | 20.05% |
over $49,231 up to $53,359 | 24.15% |
over $53,359 up to $86,698 | 29.65% |
over $86,698 up to $98,463 | 31.48% |
over $98,463 up to $102,135 | 33.89% |
over $102,135 up to $106,717 | 37.91% |
over $106,717 up to $150,000 | 43.41% |
over $150,000 up to $165,430 | 44.97% |
over $165,430 up to $220,000 | 48.29% |
over $220,000 up to $235,675 | 49.85% |
over $235,675 | 53.53% |
This is not unusual since approximately 40% (much higher now IRCC) pay no income taxes.
Trudeau is right: 40% of Canadians don’t pay income taxes, which means someone else is picking up the bill
Trudeau is right: 40% of Canadians don’t pay income taxes, which means someone else is picking up the bill
Ted Rechtshaffen: The top 20 per cent is likely paying 70 per cent or more of all income taxes
financialpost.com
The top 20% of income earners pay 70% of the taxes, way back in 2019. Again, I think it's closer to 73% now.
