Ebay is already here amazon tooQuote:
Originally Posted by jaycee
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Ebay is already here amazon tooQuote:
Originally Posted by jaycee
Here is something anyone can do, Never use self serve anything !
http://www.moneyguideireland.com/min...land-2017.htmlQuote:
Originally Posted by jaycee
The Minimum Wage in Ireland increased to €9.25 an hour on 1st January 2017
At today's exchange $13.45 CAD
Ireland is prospering due to it's tax rates for one ...
Ireland has a 12.5% corporate tax rate.
https://www.forbes.com/sites/taxanal.../#181df0343774
In the article above the tax rate in Indiana is 35% and Ontario is 38% but there are some small business and other deductions.... but those will get reduced under the new tax changes, especially for small businesses! (See Fed issue #47)
https://home.kpmg.com/content/dam/kp...7-and-2018.pdf
In reality until this gov't gets tossed there isn't much you can do about it but maybe shop local small shops and pay a couple extra dollars, maybe sometimes less, to them or use a teller instead of the machine. At the current rate of stores closing or leaving all that will be left is Canadian Tire, Lowes, Walmart and a few struggling locals soon I think.
What I was referring to , was Amazon's announcement that they are looking into building a huge warehouse in Canada , possibly in the Toronto area , southern On. This would then give them a much larger footprint into the Canadian market.Quote:
Originally Posted by Rodbender
Their warehouse in Phoenix is 1.2 million square feet , the one in Fall River is 1 million square feet, just imagine the impact something of that size would have in Ontario.
Brian Lilley shows what an idiot the Labour minister of Ontario is .... in Canada 39,000 women in full time jobs lost jobs last month and they are bragging .... listening to the Liebral minster I can't even fathom how stupid some of the Liberal politicians comments are! The new one I found out about is that the one company is going to reduce workers hours to below the 20 required to get benefits and not pay benefits ..... and he says to just raise prices or control the input .... once again we see this gov't is completely out of touch. Federally we have an idiot millionaire detached from reality and showing contempt for a woman crying about hydro bills, now tax increases, increases to EI look like they are coming .... then in Ontario this ...think of a local town that has 50,000 people .... that is the MINIMUM number of job losses.
http://www.iheartradio.ca/580-cfra/p...6?mode=Article
I was talking to a guy today and he said he has had it with Ontario and is moving .... I wonder how many will be relocating.
You nailed it on the head. Everyone is focused on the new min wage but add all the federal tax reforms and private business as we know it is in grave danger. Everyone says "fight the big companies" but the reality is these tax reforms which are targeting the "wealthy" only help companies like Amazon, Ebay etc..Quote:
Originally Posted by mosquito
As the owner of a small to medium size company, if the new tax reform comes into play coupled with the new minimum wage we are strategizing on two different options:
1. Investment into robotics to fight off the increase in labour costs
2. Moving out of Ontario to a more tax friendly jurisdiction
I know not every small business can do this but there are some States that will give you great deals to move there. Which companies tend to leave? Companies who employ 50-100 employees. These companies have the resources and desire to move and move they will.
A short while ago,when Justin Trudeau stated on television that he "knew" most small businesses were owned by the top 1% of rich people who were using the small businesses as a tax dodge,I knew,right then and there,that Canada was in deep,deep.shyte.
Listening to more, the MP that Brian Lilley interviewed later pointed out that where the rapid increase in hourly wages was implemented the hours worked decreased (which the one company is already looking at) then he pointed out that in taxes paid it will go up $3600 too..... so let's see... $3.60 * 37.5 * 50 weeks , then $6,750 increase, minus the $3,600 and increased CPP and EI .....
Then the Fed's took away the tax credits for kids on arts, athletics, books and materials ..... more money into a bloated gov't machine that accomplishes almost nothing and wastes almost everything, private jobs go down and down, public jobs go up ... and so do debts. Seems like they just want everyone working for the gov't like the NDP seems to from comments in their leadership race.
People like these Lib's surely must actually think "Budget's balance themselves" Justin Trudeau
http://www.huffingtonpost.ca/2017/10...ada_newsletter
Grocery store chain Metro Inc. says it will eliminate about 280 jobs starting in 2021 as part of a $400-million overhaul of its Ontario distribution network.
The company says the move to modernize and automate its network will mean the loss of about 180 full-time and 100 part-time positions.
The announcement follows comments by Metro in August that it would study automation as it looked to cut costs in the face of the Ontario government's plan to raise the minimum wage next year.
Protect jobs by never using self serve anything.