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HALIFAX:<\/strong>\u00a0 The Nova Scotia government’s announcement of an ad hoc increase to the minimum wage in 2025 will be a blow to small businesses who are operating on razor-thin margins in difficult economic conditions.\u00a0<\/p>\n\n\n\n In the December report from the Minimum Wage Review Committee, nowhere did it mention an increase to $16.50.<\/p>\n\n\n\n \u201cIt is crucial for small business owners that minimum wage increases be tied to real economic indicators, such as the rate of increase in the median wage,\u201d said Duncan Robertson, Director of Legislative Affairs, Nova Scotia.<\/em><\/p>\n\n\n\n \u201c<\/em>Furthermore, increases should only happen once every year. \u201c<\/p>\n\n\n\n ADVERTISEMENT:<\/strong><\/p>\n\n\n\n [adrotate banner=”34″]<\/p>\n\n\n\n [adrotate banner=”31″]<\/p>\n\n\n\n Robertson said predictability and stability are critical for small businesses to succeed.<\/p>\n\n\n\n \u201cIn 2024, Nova Scotia\u2019s increases to the minimum wage were set to Consumer Price Index (CPI) plus 1 percent,\u201d he said. \u201cNot even a year later, government has abandoned this approach.\u201d<\/p>\n\n\n\n \u201cThe Government of Nova Scotia must make public which economic indicators were used to justify this decision.<\/p>\n\n\n\n \u201cMinimum wage adjustments should be based on a stable, objective, and evidence-based framework that reflects increases in the median wage occurring in the marketplace.\u201d<\/p>\n\n\n\n [adrotate banner=”71″]<\/p>\n\n\n\n [adrotate banner=”127″]<\/p>\n","protected":false},"excerpt":{"rendered":" [adrotate banner=”126″] [adrotate banner=”92″] HALIFAX:\u00a0 The Nova Scotia government’s announcement of an ad hoc increase to the minimum wage in 2025 will be a blow to small businesses who are operating on razor-thin margins in difficult economic conditions.\u00a0 In the December report from the Minimum Wage Review Committee, nowhere did it mention an increase to […]<\/p>\n","protected":false},"author":2,"featured_media":39476,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[957],"tags":[1224,5588,5589,1775,48],"class_list":["post-51942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-businesses","tag-cfib","tag-duncan-robertson","tag-minimum-wage","tag-n-s"],"_links":{"self":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/51942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51942"}],"version-history":[{"count":0,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/posts\/51942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=\/wp\/v2\/media\/39476"}],"wp:attachment":[{"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging-z.thelaker.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}