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Greater Victoria, BC News

ARTICLE

Date ArticleType
3/12/2015 Media Release
Minimum Wage Indexing Provides Predictability


MEDIA RELEASE

FOR IMMEDIATE RELEASE

Minimum Wage Indexing Provides Predictability

March 12, 2015 – Victoria, BC – Increases to the minimum wage have a very real, and direct effect on business, especially small business. Today’s announcement regarding an increase to minimum wage comes after extensive government consultation with businesses. The Greater Victoria Chamber of Commerce (The Chamber) commends the provincial government on implementing an increase to minimum wage in BC and a plan for future changes, giving businesses a window to plan and prepare.

“A raise is warranted,” said Al Hasham, Vice-Chair of The Chamber. “Long-term planning of smaller incremental changes provides a foundation of predictability for small business and The Chamber looks to be engaged with the mechanisms around this ongoing process.”

"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 BC competitive and aligns us with the minimum wages seen in other provinces."

The 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 businesses the certainty they need around these issues, and this plan addresses that.

The Chamber is Accredited with Distinction from the Canadian Accreditation Council of Canada. The Greater Victoria Chamber of Commerce, with approximately 1,400 members, is the voice of business for the Greater Victoria region.

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For more information contact:
Janet Crocker
Policy and Communications Manager
Greater Victoria Chamber of Commerce
Email: jcrocker@victoriachamber.ca
Phone: (250) 360-3476

Al Hasham
Vice-Chair
Greater Victoria Chamber of Commerce
Email: al@maxcourier.ca
Phone: (250) 721-5170

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