Peter Munk Centre for Free Enterprise Education
If firms don’t collude, and there are lots of them around, wages will rise until they’re equal to worker productivity.
Many minimum wage workers would likely not benefit from the PC income tax exemption plan.
The B.C. government wants to raise the province’s minimum wage from $11.35 to $15.20 by 2021.
Minimum wage workers typically aren’t middle-aged.
Some businesses are reducing employee benefits and cutting work hours.
The Brown-led PCs would move to a $15 minimum wage over a four-year period.