AB's Minimum Wage hike will have a negative impact on my business!

The Alberta government has pledged to be a good partner with job creators, entrepreneurs, and with small business. Hiking the minimum wage might be good politics, but it is lousy public policy. For this reason, the government must re-examine their plan to plow ahead with implementing a $15 per hour minimum wage by 2018.

A massive hike in the minimum wage to $15 per hour will result in:

  • Increased prices
  • Reduced hours for current employees
  • Cutting back on current number of employees
  • Investments in businesses (employee training, buying new equipment, etc.) would be put on hold
  • Unsustainably increasing wages throughout businesses

 

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