Affordable housing in Vancouver isn’t cheap

Finding affordable housing in Vancouver has become an impossible dream for many due to the high cost of housing. This has led to a situation where those hoping to rent or buy are struggling to find housing within their budget, and those on the minimum wage are left with few options. The Canadian Centre for Policy Alternatives has suggested raising the minimum wage to $27.54 an hour for a one-bedroom apartment and $33.10 for a two-bedroom, however this could lead to businesses having to raise prices and potentially leading to them having to close.