CALGARY, AB (JUNE 30, 2016): In light of today’s announced increase to the minimum wage over the next two years, Dr. David Swann called on the government to listen to the concerns of business owners and recognize that timing and scale of change are important for both business solvency and employment.
The minimum wage increase comes not only in a serious recession with higher taxes, Swann noted, but also in the wake of an increase in Canadian Pension Plan premiums that was agreed to on June 20th. With many small businesses already struggling with the economic downturn, a dramatic increase in the minimum wage could be the end of a dream for many entrepreneurs.
“Despite all its consultations, this government is clearly not attuned to the needs of business owners,” said Swann. “Either they’re simply refusing to listen to what businesses have to say, or they’re too ideologically driven to acknowledge the timing of their plan needs to be reconsidered; either way, they are not paying attention to the reality of the business climate today.
“I urge the government to take its head out of the sand and recognize the concerns of those that will be negatively affected by their policy,” Swann concluded. “This one-sided, top-down approach to the issue threatens to do more harm than good.”