BC’s minimum wage jumps to $16.75/hour June 1

The minimum wage in this province makes a significant jump tomorrow, going from $15.65 to $16.75 an hour.

The increase was previously announced on April 5.

“This is a cost increase that will affect more than people who pay or are paid minimum wage,” Chamber CEO Bruce Williams said. “With inflation still very much dominating business news, we are concerned that this measure will prolong the pain by increasing prices for consumers and suppliers and prevent the Bank of Canada from lowering interest rates in the near term.”

BC now has the highest minimum wage of any province in Canada.

How will this affect your business? Will you need to raise prices or reduce staff? Email communications@victoriachamber.ca. Your feedback helps inform The Chamber’s advocacy efforts when we speak with decision makers in government.