“It’s already paid off in spades,” Cyclesmith owner Andrew Feenstra told CityNews Halifax.
The living wage is calculated annually by the Canadian Center for Policy Alternatives. It is the amount of money someone would have to make hourly to afford a comfortable life in a given area.
When Cyclesmith began doing this, Policy Alternatives calculated the living wage for Halifax to be $21.80/hour.
That wage has now been bumped up to $23.50, and Cyclesmith has raised its wages to meet that number.
“Ultimately, it’s the right thing to do,” said Feenstra.