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LATEST BUSINESS NEWS AFFECTING ATLANTIC CANADA
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Press Release - from Newfoundland & Labrador Government
Newfoundland & Labrador to Increase Minimum Wage
February 14, 2025
Today, the Honourable Lisa Dempster, Minister Responsible for Labour, announced a $0.40 increase to the minimum wage rate, effective April 1, 2025, in accordance with Newfoundland and Labrador’s Labour Standards Regulations.As of April 1, 2025, the minimum wage will be $16.00 per hour. The minimum overtime wage rate will increase to $24.00. This annual increase is required under the Labour Standards Regulations and is based on the percentage change in the National Consumer Price Index.
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From the Canadian Chamber of Commerce
Statement Regarding Reciprocal Tariffs
Candace Laing, President and CEO, Canadian Chamber of Commerce
February 13, 2025
Today’s announcement of reciprocal tariffs will further undermine the rules-based international trade order that has made much of the western world, especially the United States, more prosperous and productive. Today’s announcement of reciprocal tariffs will further undermine the rules-based international trade order that has made much of the western world, especially the United States, more prosperous and productive.---
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Press Release- from New Brunswick Government
New Brunswick to Increase Minimum Wage
February 11, 2025
The province’s minimum wage will increase to $15.65 per hour on April 1. This is an increase of 35 cents from the current rate of $15.30 per hour.
“As the cost of living rises, it is important that we continue to raise wages, but the minimum wage is just one tool that we have to help New Brunswickers earn more,” said Jean-Claude D’Amours, acting minister of post-secondary education, training and labour. “It is encouraging that, even as the number of people working across the province increases, the number of people earning minimum wage remains relatively low.”
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Press Release- From the Canadian Chamber of Commerce
Canadian Chamber’s Research Pinpoints Most Tariff-Vulnerable Cities in Canada
February 11, 2025
Ottawa, ON — According to new analysis released today by the Canadian Chamber’s Business Data Lab, Saint John, New Brunswick, Calgary, Alberta, and Windsor, Ontario, are the Canadians cities most vulnerable to U.S. tariffs. The looming tariff threat is still very real: we have to remain vigilant and brace for impact. Already we’ve heard from members across Canada how the threat of tariffs is disrupting local businesses and economies. This new data further emphasizes that this is not a game we want to play when so many livelihoods depend on a stable relationship with the U.S.
Candace Laing, President and CEO of the Canadian Chamber of Commerce.
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Business Truth & Reconciliation
The Atlantic Chamber of Commerce takes proactive steps to promote reconciliation and respect for Indigenous rights within the corporate sector. In response to the Truth and Reconciliation Commission's Call to Action 92, the Chamber urges its members to embrace the United Nations Declaration on the Rights of Indigenous Peoples as a guiding framework.
Recognizing the importance of education, the Chamber encourages businesses to provide comprehensive training for management and staff on the history of Indigenous peoples, including the legacy of residential schools, Indigenous rights, and Aboriginal-Crown relations. Emphasizing intercultural competency, conflict resolution, and anti-racism, these efforts aim to foster a more inclusive and harmonious corporate environment rooted in mutual understanding and respect.
Learn more click here