Ontario passes $15 minimum wage
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Ontario passes $15 minimum wage
Ontario will move ahead with implementing $15 minimum wage by 2019, and enact other new worker-focused rules even sooner, as lawmakers passed a series of revised employment laws at Queen's Park Wednesday after years of research and debate.
The labour reforms include requirements that employers pay part-time, casual and temporary employees the same rate as full-time employees for the same job; that employers must pay workers three hours' wages for shifts cancelled with less than 48 hours notice; and extending personal emergency leave, including two paid days, to all workers. Minimum wage will reach $14 next Jan. 1 before hitting $15 a year later.
The province's business community have continually chimed in with consternation since the process reached the legislature last Spring, arguing that the measures will raise costs so much that they'll have to hire less and raise prices for consumers to make up for the difference. Toronto-Dominion Bank researchers said in September that the minimum-wage increase alone could cost the province as many as 90,000 jobs as the rise through reduced hiring and greater automation.
https://www.theglobeandmail.com/rep...inimum-wage/article37049976/?click=sf_globefb
Seems like all I hear on the radio is how horrible this is for the economy.
But that's probably cuz AM radio is generally dumb conbots.
But that's probably cuz AM radio is generally dumb conbots.
You think it's a gas guzzler?
Are you high?
Don't worry, life is already good in my own house.
he Liberal's own analysts suggested that it will have a negative effect on all groups, particularly the people they intend to help
many employers that pay min wage are such that they have small margins on the products and rely on high volume to cover expenses and make a dollar.
A number of fast food joints are already allocating the upfront capital for automated components that are replacing multiple employees knowing that in a year or so, that machine has paid for itself relative to the employee(s) it has replaced.
RE: having no min... I can't answer that, I just don't know the answer
A number of fast food joints are already allocating the upfront capital for automated components that are replacing multiple employees knowing that in a year or so, that machine has paid for itself relative to the employee(s) it has replaced.
RE: having no min... I can't answer that, I just don't know the answer
Ontario passes $15 minimum wage
Ontario will move ahead with implementing $15 minimum wage by 2019, and enact other new worker-focused rules even sooner, as lawmakers passed a series of revised employment laws at Queen's Park Wednesday after years of research and debate.
The labour reforms include requirements that employers pay part-time, casual and temporary employees the same rate as full-time employees for the same job; that employers must pay workers three hours' wages for shifts cancelled with less than 48 hours notice; and extending personal emergency leave, including two paid days, to all workers. Minimum wage will reach $14 next Jan. 1 before hitting $15 a year later.
The province's business community have continually chimed in with consternation since the process reached the legislature last Spring, arguing that the measures will raise costs so much that they'll have to hire less and raise prices for consumers to make up for the difference. Toronto-Dominion Bank researchers said in September that the minimum-wage increase alone could cost the province as many as 90,000 jobs as the rise through reduced hiring and greater automation.
https://www.theglobeandmail.com/rep...inimum-wage/article37049976/?click=sf_globefb
To address this problem effectively more than just wages has be dealt with..................in tandem! Money is just one side of the equation. One example might be $15 = X bushels of gravel moved by hand Y number of feet or in another setting y lbs. of canned goods placed on shelves up to z feet above the floor. $15 an hour for an hour of dog fornication won't work!
The fast food industry may have already reached the saturation point. How much more can reasonably be charged for a cup of coffee?
The only way to make a Honda guzzle gas is to drill a hole in the gas tank. Whatever you think of Hondas, there are no gas guzzlers in their line up.
Capitalist economic orthodoxy says low and steady inflation is good for the economy. Read up on your own ideology folks.
Inflation always goes IN and deflation goes DE.
Don't you get yours for free?
Inflation always goes IN and deflation goes DE.
Don't you get yours for free?
What's the old saying??? A fool and his money are soon partying!
Am I missing out on something? Glad to see you back Cord! Hope you're well.