NDP P.E.I. Leader Mike Redmond and NDP federal candidate for Charlottetown Joe Byrne say higher wages are the best possible solution to the Island’s economic problems.
They recently made a submission on minimum wage to the Employment Standards Board.
“We believe that proper and thorough analysis of minimum wage increases in Prince Edward Island will reveal a positive effect on employment levels and many other dimensions of the local economy including the productivity and profitability of businesses,” said Redmond.
The NDP P.E.I. submission discussed the need to move towards a living wage for all workers.
“The federal NDP commitment to a $15 minimum wage for federally regulated sectors is setting the tone for where we need to go. And now with the recent positive work by the Canadian Centre for Policy Alternatives we know that it is wrong to argue higher wages means higher unemployment. We now have good information to go on,” said Byrne.
The NDP P.E.I. submission references Dispelling Minimum Wage Mythology, The Minimum Wage and the Impact on Jobs in Canada 1983-2012, report by the Canadian Centre for Policy Alternatives (CCPA).
The report concludes that there is “almost no evidence of any connection between a higher minimum wage and employment levels” and that a higher minimum wage is almost as likely to have a positive effect as a negative effect.
NDP P.E.I. Leader Mike Redmond and NDP federal candidate for Charlottetown Joe Byrne say higher wages are the best possible solution to the Island’s economic problems.
They recently made a submission on minimum wage to the Employment Standards Board.
“We believe that proper and thorough analysis of minimum wage increases in Prince Edward Island will reveal a positive effect on employment levels and many other dimensions of the local economy including the productivity and profitability of businesses,” said Redmond.
The NDP P.E.I. submission discussed the need to move towards a living wage for all workers.
“The federal NDP commitment to a $15 minimum wage for federally regulated sectors is setting the tone for where we need to go. And now with the recent positive work by the Canadian Centre for Policy Alternatives we know that it is wrong to argue higher wages means higher unemployment. We now have good information to go on,” said Byrne.
The NDP P.E.I. submission references Dispelling Minimum Wage Mythology, The Minimum Wage and the Impact on Jobs in Canada 1983-2012, report by the Canadian Centre for Policy Alternatives (CCPA).
The report concludes that there is “almost no evidence of any connection between a higher minimum wage and employment levels” and that a higher minimum wage is almost as likely to have a positive effect as a negative effect.