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Friday, July 29, 2011

Board Of Trade Pleased With Delay in Minimum Wage Increase

Saint John Board of Trade President Imelda Gilman says the delay in the bump of the minimum wage is a sigh of relief for small business owners. 

She tells CHSJ News the increase would have compounded the issues they are already facing, like bumps in fuel and energy costs, because a business can't charge more for their products in order to make up the difference.
 
She's says a global recession combined with a 19 percent increase to the minimum wage over the past 2 years was making it very difficult for small businesses to keep their head above water.