Today, the BC Government announced that the minimum wage will increase from $15.65 to $16.75 an hour on June 1, 2023, a 6.9 percentage increase.
“The Surrey Board of Trade is disappointed that such a significant minimum wage increase was announced today, leading to further unsustainable cost increases for businesses,” said Anita Huberman, President & CEO, Surrey Board of Trade. “Such a significant increase in minimum wage should have been discussed last year with the business community.”
“It is imperative that the BC Government focus on reducing costs to businesses by committing to convening a commission to review taxes and red tape impacting businesses.”
FOR BC, CPI is at 6.2% for BC https://www2.gov.bc.ca/assets/gov/data/statistics/economy/cpi/cpi_highlights.pdf
FOR CANADA, CPI is currently at 5.2%
Contact: Anita Huberman, President and CEO