Alberta Liberal Leader David Khan offers alternatives to the NDP’s failed Minimum Wage legislation.
CALGARY, AB (August 14, 2018): Alberta Liberal Leader David Khan announces strategies to help Albertans hurt by the NDP’s failed Minimum Wage program.
“There is no point in increasing Alberta's minimum wage if it decreases jobs for Albertans.
“This is another failed NDP Government strategy that is ‘one step forward - two steps back’, as our economy continues to struggle.
“More than 25,000 service jobs were lost in Calgary over the past year, with a clear link to the dramatically increased minimum wage and other increased employer costs including new statutory holiday pay requirements.
“These higher costs to employers are crippling Alberta’s small businesses with a minimum wage currently at $13.50. How many more jobs will be lost when the wage hits $15 in October?
“Alberta Liberals believe a better strategy is a Guaranteed Minimum Income. It will give Albertans a Living Wage without hammering small businesses. Albertans need to pay the rent and buy groceries. It’s tough to do that without a paycheque. Another solution is increasing Alberta’s basic personal income tax exemption, so lower-income Albertans pay less tax.
“We also want to help small businesses survive, thrive and create jobs with a new Small Business Start-Up Tax Exemption Policy. It will shield companies from paying corporate income tax for the first three taxation years after incorporation. This will support their critical early years, so they can go on to successfully expand and hire more employees.
“Albertans want to work. They need jobs. Alberta Liberals have solutions to help.”