Here's how much the minimum wage is set to increase in B.C.
The B.C. government is hiking the minimum wage to $16.75 an hour starting June 1, as a measure to help the province's lowest-paid workers with rising inflation.
Labour Minister Harry Bains announced Wednesday that it is rising from $15.65 an hour, which represents a 6.9-per-cent increase.
For someone working 40 hours a week, all year, that's a jump of about $2,200 annually.
"These workers and their families feel the impacts of high costs much more than anyone else," Bains said in a news release explaining the changes.
Yet business groups point out many small businesses are also feeling the impact of the pandemic, inflation, and rising taxes.
Annie Dormuth, director of provincial affairs (B.C.) for the Canadian Federation of Independent Business, is urging the province to consider wage subsidies, raising the employer health tax exemption or rebating some of WorkSafeBC's surplus to employers. She also questioned why the province wasn't announcing supports at the same time they increased minimum wage.
"When the Manitoba government announced its increase to inflation they announced it with some sort of wage subsidy for businesses if they're really struggling to absorb that extra cost increase," explained Dormuth.
Asked about the timeline for possible supports, B.C. Minister of Jobs Brenda Bailey said she would be meeting with stakeholders and an announcement may be coming soon.
The province estimates the change will help 150,000 workers. Statistics Canada numbers from 2021 show 42 per cent of B.C.'s minimum wage workers are employed by corporations with 500 employees or more.
That's an issue for Sam Jones, who owns 2% Jazz, a coffee shop where the news conference took place. He says smaller businesses like his, who pay employees a fair wage, are at a disadvantage when competing with large companies, and believes a distinction should be made.
"One solution is to look at where they're coming from. Are they British Columbian companies or are they American companies that are paying the least amount they are legally allowed to?" Jones said.
Even with the minimum wage set to increase, advocates for a living wage – that is, paying people an amount required to live in their city – point out the minimum wage is $7 below what a living wage in B.C. should be.
Federally regulated workers saw their minimum wage rise to $16.65 on April 1.
CTVNews.ca Top Stories
Winnipeg man admits to killing four women, argues he's not criminally responsible
Defence lawyers of Jeremy Skibicki have admitted in court the accused killed four Indigenous women, but argues he is not criminally responsible for the deaths by way of mental disorder – this latest development has triggered a judge-alone trial rather than a jury trial.
Teacher charged in historical sexual assault of Calgary teenage girl
Calgary police have charged a teacher with the alleged sexual assault of a teenage girl more than 20 years ago.
Mediterranean staple may lower your risk of death from dementia, study finds
A daily spoonful of olive oil could lower your risk of dying from dementia, according to a new study by Harvard scientists.
An El Nino-less summer is coming. Here's what that could mean for Canada
As Canadians brace themselves for summer temperatures, forecasters say a weakening El Nino cycle doesn’t mean relief from the heat.
Man banned from owning animals after fatal Calgary dog attack
The owner of three Calgary dogs that got loose and mauled a woman to death in 2022 has been ordered to pay a $15,000 fine within one year and banned from owning any animal for 15 years.
East-end Ottawa family dealing with massive rat infestation
Residents in Ottawa’s Elmridge Gardens complex are dealing with a rat infestation that just won’t go away. Now, after doing everything they can to try to fix the issue, they are pleading with the city to step in and help.
DEVELOPING Israel says Hamas deal is 'far' from meeting its demands as Rafah offensive looms
Israel said the terms of a ceasefire deal Hamas accepted on Monday remained 'far from' meeting its demands and warned its military operations in Rafah would continue, even as it sent negotiators to talk to mediators.
2024 Met Gala: Everything to know about fashion's annual soiree
Fashion's biggest night out — hosted at the Metropolitan Museum of Art in New York each year on the first Monday of May — is both a forever-evolving spectacle and a carefully crafted event.
Concern over speeding in Fredericton neighbourhood grows after 2 teens, young adult killed in crash
Three people – including two teens – are dead, and two others are injured after a crash that has left a greater Fredericton community shaken.