New Brunswick minimum Wage hike will cost up to 7,000 jobs – report

A 10 per cent increase in the minimum wage will cost New Brunswick between 1,900 and 7,000 jobs, says the Canadian Federation of Independent Business.

For that reason the provincial government should cancel the two planned increases in New Brunswick’s minimum wage this year, said Andreea Bourgeois, the federation’s New Brunswick director.

Small- and medium-sized businesses react to minimum wage increases by cutting back on staff hours, training or cutting positions, stated a 36-page study released by the federation Thursday. Read more of this story

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