BR NS Minimum Wage – CP

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BR NS Minimum Wage – CP

by pnationtalk on May 11, 2016195 Views

BR NS Minimum Wage
Source: The Canadian Press – Broadcast wire
May 11, 2016 2:00

HALIFAX – Nova Scotia’s premier is saying “No” to a proposal from the N-D-P to raise the province’s minimum wage to 15 dollars an hour over three years.

Stephen McNeil says the increase would produce inflationary pressures.

He says this would be felt by small businesses and other workers.

The premier says he’s more open to looking at things like increasing the basic personal income tax exemption at a time when it’s more affordable for provincial coffers.

He says that such an option may be considered some time in the future when the province is back to fiscal health.

N-D-P Leader Gary Burrill says increasing the minimum wage would stimulate the economy because it would improve the buying power of lower income workers.

The minimum wage in Nova Scotia currently sits at $10.70 an hour.

(The Canadian Press)

INDEX: ECONOMY POLITICS ATLANTIC LABOUR

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