BC Chamber commends government’s announcement to align minimum wage to inflation
Today’s announcement regarding an increase to minimum wage comes after extensive government consultation with businesses. The BC Chamber takes changes to the minimum wage seriously. Increases to the minimum wage have a very real, and direct effect on business, especially small business. We commend the provincial government on implementing an increase to minimum wage in B.C. and a plan for future changes, giving businesses a window to plan and prepare.
“This is a responsible move, with the degree of certainty that businesses appreciate” said John Winter, president and CEO of the BC Chamber. “This increase keeps B.C. competitive and aligns us with the minimum wages seen in other provinces.”
The BC Chamber has always advocated for certainty. Most businesses are likely to be open to an idea that sees minimum wage tied to inflation through a consistent, and transparent formula that could give business the certainty they need around these issues and this plan addresses that.