Mike's Daily Comment
Only 13% of minimum wage earners live under the poverty line, which means that for $100 in extra income less than $13 goes to people living in poverty. There are far better ways to help.
Mike talks about the impact of government on your rising cost of living. Oil analyst extraordinaire Josef Schachter talks about how you can make money in the coming bull market. And you don’t want to miss the Quote of the Week or the Goofy Award.
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Assessing the Impact of Minimum Wage Increases
Posted by Michael Campbell
on Tuesday, 4 June 2019 10:07
You can’t assess the impact of a minimum wage increase without including all the other costs that government is adding – property tax increases, employer expanded CPP contributions, higher holiday and employment insurance payments.