Family Day Will Mean Added Costs For Businesses

Posted on Saturday, February 3, 2018 08:01 AM

While most of Canada has been celebrating a statuatory holiday in February for a few years now, New Brunswick will mark its first Family Day later this month (February 19).

But the addition of another holiday is not necessarily being welcomed by the business community.

John Wishart, Interim CEO of the Greater Moncton Chamber of Commerce, says it will have an impact on costs.

"All of us see the value of having a public holiday in the middle of winter.  It's a long stretch between New Year's Day and the Easter holidays.  But anytime there is a stat holiday added to the calender, there is a bottom line cost to business," he notes.

Whether a business stays open or remains closed, Wishart says costs would include paying employees overtime or giving them statuatory holiday pay.