Affording a home is a basic need but for low income families it is a big struggle and in New Brunswick it’s not about to get any easier.
Affording a home is a basic need but for low income families it is a big struggle and in New Brunswick it’s not about to get any easier. With figures for July from the local real estate association showing an increase in average house prices of 3 per cent year-over-year, news that there is to be no increase in the minimum wage will only increase the pain. While some other provinces are adding 20 to 25 per cent to their minimum wage, NB will tie with the Northwest Territories for Canada’s lowest rate.
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