my 2 cents.
I have fished pinks with a cheap but decent 5 wt set up; a dragonfly 2 with reel combo that comes with two spools, typically found around 110-120 bucks. It's a good value and while slightly noodly with a good quality line, it will cast almost the whole spool, based on your ability to single or double haul.
You will find the rod a little under gunned for the bigger humppies (males that can push 6-8 lbs) but for the average fish it will be a good fight. However it will also be a decent general purpose rod for trout in stocked lakes, interior choronimide still water fishing and cutties. Then you can get yourself a decent 8 wt single for steel, sockeye, coho and chum or go for a double hand once you become addicted..... Also note, the 5 wt single might be a bit of a struggle if you only intend to fish tidal because of winds. A bigger rod with heavier shooting line will help with the decent cast. As mentioned before, distance can make all the difference. You will need to cast where you see surface activity. At Fury I have seen folks in waders over the top, up to their pits because they needed that extra 20 feet.
Sparse silver pink and chartreuse bead headed flies are the ticket, easy and cheep to tie yourself. Even a piece of pink wool in an egg loop will work in the rivers, where casting distance to the fish is not such an issue.
It may be different in the sea, but in the rivers, such as the Squamish where there is a little colour don't bother dicking around with tapper leaders. just stick with 8-12lbs mono no more than 3 feet, they are not leader shy. If you are worried about your rod just straighten it up by pointing at the fish and let it break you off.
If you want to try an easy river location with lots of casting room, try the Mamquam Bar, in the Mamquam/Squamish confluence. I'll probably see you there in
just over 4 months! Whoop!
Good luck.