y axis label placement

I am wondering how I can dynamically place the y axis label depending on the
length of ticker text. I have a canvas within wxpython app using wxagg but
I'm unsure how to place the ylabel so that it's in a suitable place say when
ticker label length could be one digit or 7+. At the 7+ digits the axis
label is off the canvis. What would be the way to do fix this?

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