The new provincial government introducing its Open for Business Act Tuesday.

Proposed changes include a return to previous general holiday pay and banked overtime rules where those who bank an hour of overtime will be entitled to take an hour off. The previous NDP government implemented an hour and a half off for every hour of banked overtime system.

Employees will also have to work 30 days before being entitled to holiday pay and employers will not be required to provide holiday pay if the business is not open on the day of the holiday.

The government is also lowering the minimum wage for students under the age of 18. The new youth job creation wage of $13 per hour will apply to students 13 to 17 years old who work 28 hours per week or less. The province, in a press release, says employers have cited the current $15 per hour minimum wage as one of the reasons they have reduced opportunities for young workers. Those changes take effect June 26.

Premier Jason Kenney says these proposed changes to labour rules will help businesses become competitive again.