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Wages and Earnings
Your B.C. Government is cutting taxes and stimulating private sector investment, in order to improve wages and put more dollars in British Columbians' pockets.
What your B.C. Government is doing for Wages and Earnings:
- In 2001, six per cent of British Columbians were earning minimum wage or less. In 2008, that number dropped to 2.7 per cent.
- British Columbians' average hourly wage is now $22.46 – third highest in Canada and more than 2.5 times the minimum wage.
- The average hourly wage for youth is now $13.73 – tied for second highest in Canada and more than 1.5 times the minimum wage.
- Real disposable income per capita in B.C. grew by 23.7 per cent from 2000 to 2008. From 1990 to 1999, disposable income per capita increased by 13.5 per cent.
- Small business workers have seen annual earnings increase by 24 per cent over the past five years.
- In each-and-every-year since 2004, B.C. has finished ahead of the Canadian average in real disposable income growth.
- Your B.C. Government is committed to reducing the tax burden on individuals – increasing the amount of their money that they take home.
- British Columbians now pay the lowest provincial income tax in Canada for anyone earning $118,000 or less.
- Due to over 120 tax cuts Your B.C. Government has made since 2001, an additional 325,000 low-income British Columbians now pay no taxes at all.
- A family of four earning a combined $70,000 is saving an additional $2,000 a year in income taxes compared to 2001. Those savings add directly to personal disposable income.
For more information:
Jobs and the Economy
Labour Market Development
