BC Federation of Labour disappointed with paltry increase to minimum wage
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The slight jump to BC’s minimum wage has come under fire by the BC Federation of Labour.
President, Irene Lanzinger is puzzled why such a province with a good economic outlook fails to do more for low-income earners.
“I absolutely believe the province should do more and can’t really understand why they aren’t, as they brag about a good economy the benefits of it are not being shared with the 500,000 people making less than $15 an hour.”
The Federation is pushing for a $15 minimum wage much like Alberta who will raise to that level by 2018.
A move like that has some business owners worried it could hurt the sector in BC.
Lanzinger believes any increase to low-wage workers has several benefits.
“It’s actually good for business to put money in the pockets of low-wage workers because they spend all that money in the economy. They don’t have a lot of money to save or to go on an expensive vacation or open up a Swiss bank account.”
$10.85 will be the new minimum wage in the province as of Thursday and will leap to $11.25 in 2017.
The Federation of Labour says people who live in poverty will still be $5000 below the poverty line even with the increase.