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Canada B.C.'s new minimum wage now in effect

17:34  01 june  2018
17:34  01 june  2018 Source:   cbc.ca

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B . C . now has the third highest minimum wage in Canada. The increase, originally announced back in August, officially comes into effect today. "The 50 cents increase was a commitment made by the previous government that we as the new government will honour and legally implement, thereby

Alberta' s NDP government has announced a minimum wage will take effect in October 2018. New York state is to follow suit in 2021, and California in Wynne argues Ontario' s economy is now strong enough to justify a boost for low- wage workers and turns aside claims that it will hurt businesses.

a pair of glasses on a table: B.C.'s minimum wage goes up by $1.30 Friday.© Mark Blinch/Reuters B.C.'s minimum wage goes up by $1.30 Friday.

B.C.'s minimum wage is going up by $1.30 Friday to boost the province's current wage of $11.35 per hour to $12.65.

The wage increase is part of the provincial government's plan to raise the current wage to just over $15 per hour by 2021.

To make that happen, the minimum wage will increase every year until that amount is met:

The head of the B.C. Federation of Labour, Irene Lanzinger, says it's not too much too soon.

"We have to remember that under the Liberals, we had a 10-year period when the minimum wage didn't go up at all," Lanzinger said.

"We live in a very expensive province. The poverty line is about $15 an hour. So there are hundreds of thousands of workers who, even if they work full-time, have a wage below the poverty line [and] that's just not fair."

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As previously mentioned, we exploit variation in minimum wages by state and time to examine their causal effects on SNAP enrollments and expenditures. Thus, if a new minimum wage policy were implemented in one state only, the researchers could attribute all of the difference they observe in

earning below the new minimum now earn exactly that amount. Partly as a result of these effects , those countries with higher minimum wage rates relative to the median have less earnings dispersion and a lower incidence of low pay.

Gogan Shottha co-owns a grocery store on Main Street in Vancouver.  He says his business can absorb the extra wages but says it won't be that way for every small business.

"It's much easier to deal with [at this point]," Shotta said. "At the very beginning [of his business], it would have caused a lot more stress. There's points where any extra money felt like it could have put us under ... So a business any newer than us, I feel for them."

Ontario, at $14 per hour, and Alberta at $13.60 per hour, have the highest minimum wages in Canada. Alberta is planning to raise its minimum wage to $15 per hour in October.

With files from Meera Bains

  • June 1, 2019: $13.85 an hour ($1.20 increase)
  • June 1, 2020: $14.60 an hour ($0.75 increase)
  • June 1, 2021: $15.20 an hour ($0.60 increase)
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