Mike's Daily Comment
When Government raises the cost of labour by 31% over 18 months there are going to be consequences. Especially when the increase is exacerbated by other tax increases, property tax, the increase in employers portion of the Canada Pension Plan etc. etc.
….related from Michael: They pay no price for being wrong…dead wrong
Idealogues aren’t interested in research if it’s contrary to their world view, so it was no surprise when Kathleen Wynne called Tim Hortons bullies for reducing employee benefits in response to her Government’s law raising wages by 20% this year & 7% next.
Victor Adair Live from the trading desk on his core expectation for 2018 plus areas where the danger lies.
…also from Michael: They Chose Rape, Beheadings and Murder
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It’s The Workers Who Suffer When Government is Wrong
Posted by Michael Campbell
on Wednesday, 10 January 2018 14:19
The Conference Board of Canada just announced that the Wynne Government’s 31% hike in minimum wage could cost 42,000 Jobs. It all could have been avoided if the Wynne Government has merely done some research. Instead 42,000 workers lose their jobs because they didn’t.
….related from Michael: A Rocky Start To The Skyrocketing Minimum Wage