The provincial government pressed ahead with its plan to raise the minimum wage, implementing the final bump yesterday to $15.20/hour across the board. The four-year plan did allow businesses to budget for the increase, but the pandemic has made many employers vulnerable to any extra expenditures.
Many businesses are facing a difficult road ahead, Chamber CEO Bruce Williams told the Times Colonist. "Ideally, the government would hold off on adding any extra costs to businesses in the hospitality and tourism industry until they have a chance to get back on their feet.”
The role of government right now needs to be focused on stripping away roadblocks and getting our economy back to its potential. The best way to help make our region affordable is to invest in innovations that will increase our housing supply, make child care accessible and encourage workers to stay in Greater Victoria.
“Employers continue to go above and beyond to find and keep workers, so wages already tend to be higher in Greater Victoria,” Williams says. “With the change, BC will have the highest minimum wage of any Canadian province. It’s time to stop the increases and let the rest of the country catch up.”