Big increases to minimum wage are becoming fashionable in Canada: first Alberta (from $12.20 currently to $15 in October 2018), then B.C. (from $10.35 to $11.35 in September 2017) and now Ontario (from $11.40 to $15.00 in January 2019, a 30% hike in 18 months). Are workers better off or does it mean fewer jobs?
Hendrik Brakel, Senior Director, Economic, Financial and Tax Policy for the Canadian Chamber of Commerce (CCC), reflects on the debate in the latest edition of Five Minutes for Business. To read Five Minutes for Business, please click HERE.