More consistent approach needed for minimum wage increases: MacEwen
Morell – Island workers and businesses would benefit from a more consistent approach to minimum wage increases from the MacLauchlan government, says Morell-Mermaid MLA and Opposition Workforce and Advanced Learning Critic Sidney MacEwen.
“Island workers making more money is a good thing but an even better thing would be if they were able to keep more of what they earned. That’s getting harder to do with the high tax policies of this tired government,” says MacEwen.
Island small businesses and business groups have raised concerns following an unscheduled announcement of a minimum wage increase to take effect in over a month on April 1. Among the concerns are lack of time for businesses to plan and adjust, the cumulative effect of multiple increases over a short time span, and the lack of movement on increasing the basic personal income tax exemption.
“We’ve been advocating for a long time that the best way to have Islanders keep more of the money they earn is to increase the basic personal tax exemption which is the lowest in Canada. What’s really needed here are two things, a long-term plan to raise the basic tax exemption and a more consistent orderly schedule for wage increases so that businesses can plan and adjust without affecting job growth ,” says MacEwen.