Rising the minimum wage, lowering the price of gasoline and a check to help keep warm, these few measures were proposed Thursday by the government of Newfoundland and Labrador to help its residents cope with the increase in the cost of living.
An additional sum of $80 million will thus be disbursed by the province and will be added to the $142 million already provided for in the 2022 budget.
The gas and supply chain crisis prompted the government to invest such an amount.
“I am confident that the specific and temporary measures announced today will provide relief to Newfoundlanders and Labradorians […],” Premier Andrew Furey said in a statement.
Currently at a rate of $13.20 per hour, the minimum wage will therefore be increased by 50 cents starting October 1.
The price at the pump will be lowered by 8.05 cents per litre, including the harmonized sales tax. Remember that the cost of gasoline exceeded $2 per liter at the beginning of March.
Residents will also receive a check from the government to help them keep warm this winter. Households earning less than $100,000 a year will be paid $500, while the price range for families earning between $100,000 and $150,000 will be $200 to $500.
Recall that Quebec had a similar initiative last March, offering a credit of $ 500 to 6.4 million Quebecers to counter inflation.