CFIB urges the four provincial governments to link minimum wage increases to a set percentage of the median wage in their respective provinces.

That’s it? That’s like at most $50 per person. And remember, money that is sent to the poor will be reinvested into the larger economy through increased consumption, or more sales for the employers.

I used to work for a small company and the boss was a member of the CFIB. We’d get their emails all the time and they were some of the worst takes I’ve ever seen.

One I always remembered had a subject like “How to tackle the youth employment problem” and the body of the email gave tips on how to avoid paying young people anything more than the absolute minimum, because young people don’t deserve pay. It talked about how the young generation was entitled and demanding things that need to be earned through years of hard work and loyalty, and not to give in to those demands.

So yeah, terrible source OP.

What a dumb headline

Somehow, giving money to poor people, which they’ll spend on goods and services to stimulate the economy is bad…

…but giving money to rich people that they’ll sock away in their bank account or invest into non-productive assets is good?

That it costs money to hike the minimum wage is news now?

It’s not a news outlet. It’s a pro-employer propaganda site

Ah, now I get why it’s being downvoted. What a lousy spin to put on something so necessary as minimum wage increases.

Connect minimum wage increases to the actual increases in the median wage in the province. As wages increase, then the minimum wage can increase by the same amount.

I say we link it to the maximum wage instead, since that’s a better indicator of how much resources we have to go around.

@lobut@lemmy.ca
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If you poor people could just do more and survive on less but still somehow spend just as much, then the employers would be fine. /s

The West links it to inflation.

T (they/she)
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And that’s a good thing!

Will add $54.5 million to the economy

FTFY.

And, statistically speaking, minimum wage employees will spend a much higher proportion of their income than millionaire assholes.

That’s it? That means the hike only accounts for a $54 million worth raise to all workers across Atlantic Canada, that’s peanuts. Triple that hike, it would still be a blip and workers would still be underpaid.

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