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calgaryherald

How long could it take a minimum-wage earner to save down payment?

calgaryherald
Summary
Nutrition label

65% Informative

In Calgary , minimum wage earners would need 11.4 years , saving 7.2 per cent of their net annual income for a down payment.

Alberta has the lowest minimum wage rate in Canada at $ 15 an hour, unchanged since 2018 .

Edmonton ranked among the most affordable cities even with the lowest provincial minimum wage in Canada , Zoocasa found.

VR Score

82

Informative language

89

Neutral language

45

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources