While British Columbians are set to enjoy Monday’s holiday, the rest of the country will be spending time with their family the following week.
Financial Adviser Andrew Johns says by having it on a different day, B.C. is losing out on a lot of money.
“And we estimate that the loss of productivity from a GDP perspective for the province of B.C. is over a hundred million dollars every year.”
“Well if there’s 100 million dollars of annual productivity, and that’s actual annual revenue, and you think about PST which is charging a lot of that, there’s also payroll tax and whatnot. It’s just very very inefficient, and there’s gonna be, definitely, that’ll be a trickle down effect to the tax dollars of the provincial government.”
He says the import/export business is mostly affected.
“Of course they have to deal with either paying their employees overtime during B.C.’s family day in order to keep their exports going, and of course the following weekend they can’t export any goods because the rest of the country is shut down for a holiday.”
Johns launched a petition to move B.C.’s Family Day to the third Monday of the month more than two years ago, but he says he still needs about 6000 signatures.
You can follow the movement on social media using the hashtag #UniteFamilyDay, or check out the petition.