Government has announced a series of changes to the Employment Standards Act effective October 1, 2010.
While poverty is a legitimate issue, dramatic increases to minimum wage are not the solution. CFIB continues to challenge government to increase the basic personal exemption and take low- and fixed-income earners off the tax rolls.
Every year the PEI government gets to take advantage of inflation- wages go up, the cost of living goes up but tax brackets and the amount Islanders get to keep tax-free (the basic personal amount) stays the same. It’s time for government to protect taxpayers from inflation.
The Prince Edward Island Workers’ Compensation Board released its annual report with the good news that it has weathered the economic downturn well and remains fully funded. This is good news for Island businesses.
Our recent monthly Business Barometer revealed optimism among the Island's small businesses slipped downward in July.