ON ISSUE #28 - 32-per-cent hike in minimum wage rates will cause many small businesses to close

[terrym]

I could give a lecture in basic economics but it would fall on deaf ears. When people make more money, they spend more of disposable income. You spend more business's make more. For every one article you bring up saying that a rise in the minimum wage is a bad idea, there are 30 to prove that wrong. Let's use your "$12/hour is liveable wage theory"

$12x 37.5= 450 a week 1800 a month.
$1800- $1000 Avg rent= $800
$800- $175 utilites= $625
$625- $260 food = $365
$365- $300 Student Loans, Car Payment, Insurance= $65

On a very basic level you have $65 in disposable income a month divide that by 4 and you have $16 a week. That means for the majority of people in Ontario we can just put back $65 dollars a month into the economy. That mean's no retirement savings, no children because you can't afford it. No sick days because those aren't paid for us anymore, Little vacation because you can't afford it, basic medications if covered, no purchased house etc. You can't have a functioning society if the next 3 generations are broke. Even if we work fulltime. Those generations are suppose to subsidise the retired

Actually your grasp of economics is clearly left leaning and flawed. Those minimum wage earners are heavily represented as part time entry positions who live at home so likely don't pay rent. Pay virtually no income tax, certainly no property taxes. The companies that end up folding due to excessive wage costs actually did pay huge amounts of taxes and consumed far more than teenagers. You are either a dipper or Librano.

[Bonkers]

Terrym that's some of the largest BS i've read in awhile here

[trimmer21]

Terrym that's some of the largest BS i've read in awhile here

Not entirely,Bonkers. He has the demographic correct. The problem is that the demographic can never excel at the minimum wage without working two or three jobs at the same rate. Your 37.5 hours is a non-starter unless it's a kid in high school or first or second year college student. Small business is who will take the "hit". They're being pounded from pillar to post with anti-small business Liberal policies. The Liberals are systematically destroying a very important segment of the economy.

[mosquito]

Actually your grasp of economics is clearly left leaning and flawed. Those minimum wage earners are heavily represented as part time entry positions who live at home so likely don't pay rent. Pay virtually no income tax, certainly no property taxes. The companies that end up folding due to excessive wage costs actually did pay huge amounts of taxes and consumed far more than teenagers. You are either a dipper or Librano.

Exactly right from my experience and what I see the experts saying (not the Libs of course), women and students will loose the vast majority of the jobs in mostly part time service and food industry jobs that will be replaced or reduced. Look at your local Metro/Lowes/Canadian Tire, McDonald etc. and they probably are putting in Self serve machines to "make it faster" and when even the dollar store is doing it we can expect it to spread with this ridiculous increase. They are talking 185,000 jobs ... how many small businesses too, especially in the light of the new Liberal tax gouging.

How long, with Tim Hortons already selling in stores before we see these
https://www.alibaba.com/product-deta...050593102.html
or these at your local Timmies?
http://i3.liverpoolecho.co.uk/incomi...JS74771331.jpg

http://business.financialpost.com/op...oing-it-anyway
Wynne’s plan to hike the minimum wage by 32 per cent would reduce youth employment by around nine to 17 per cent. Multiply that by the number of young workers in Ontario, and that’s 80,000 to 155,000 jobs lost.
..
remember that the 80,000 to 155,000 estimate is only for the jobs lost by young workers, aged 15 to 24. Add in all the jobs that will be lost by older workers as well, then add in all the jobs that will be destroyed by the other regulatory burdens Wynne is heaping upon workers with new labour rules to go along with the minimum wage hike, and there is no telling how much high the economic casualty toll might skyrocket.
...
massive job losses are worth the electoral support they will receive from the public sector unions, even if it’s a policy that will prove dire for Ontarians.



https://www.thespec.com/news-story/7...ess-coalition/
Minimum wage hike could put 185,000 jobs at risk, says business coalition
Keep Ontario Working Coalition warns that minimum wage increase will cost households an extra $1,300 a year.
...
He warned that muncipalities will have to increase their payrolls by $500 million to account for the impacts of the minimum-wage increase, which could be felt on local property tax bills.
..."It's clear the Wynne Liberals are avoiding doing this cost-benefit analysis, because they don't want to see the results," said Tory MPP John Yakabuski (Renfrew-Nipissing-Pembroke).

[terrym]

Terrym that's some of the largest BS i've read in awhile here

Not that you would read this but what the hell.

https://www.washingtonpost.com/news/...=.85f5411191ad

[skypilot]

People are not more or less employable absolutely, but only relative to a given pay scale.

Therefore as "government" raises minimum wages a business owner must more and more consider skill and productivity. That alone harms the low or no skilled, uneducated and teenagers.

Raising minimum wage via government interference is a completely azz backwards policy if the real intent is to help the low income people.

When campaigning NCHA cutting and roping horses across the US, I learned quickly that everything costs the same to buy, feed, vet, haul and show a horse regardless of whether he was a superstar performer(money winner) or a goat. Same with race horses, they have to produce relative to their "costs."

Same with employers wrt employees. The more you pay an employee, the more he has to produce or he goes down the road. When labor costs encroach on profit, you just get out of the business

[terrym]

Raising minimum wage via government interference is a completely azz backwards policy if the real intent is to help the low income people.

y

It's not. The intent is to fool the uninformed into voting Liberal in the next election. Nothing but trolling for people who usually don't vote much or know much about politics/government. If she could implement a voting system where they could do it from a cell phone she would. She is desperate and the current criminal cases against her could be quite damaging. I can see the Sudbury case die but the email destruction case could sink her.

trudough has started to payback the IOU with the pot legislation. It allowed her to hand OPSEU a bunch of new highly paid new positions and no doubt Liberal party contributing contracting firms will make a killing building these outlets. They easily could be included in existing LCBO facilities but then her contracted buddies don't get to dig their snouts into the taxpayer trough.

[skypilot]

I have never felt that this minimum wage BS was to help anyone other than the politicians, because it just doesn't.

Like you alluded to, it only fools the gullible and the uninformed, her base.

[Rodbender]

Kids don't have a chance at getting jobs now. This country is completely backwards

[jaycee]

It really makes you think and wonder what is going to happen to all the smaller and larger retailers, wholesalers if and when , Amazon comes into this country and sets up business as has been reported in newspapers.

Just as an example, oil filters for mine and my neighbors garden tractors that retailers here want $18.95 to $22.95, we bought through Amazon @ $5.967 each for 4 , which we split between us.
To top this all off, they came from Tipperary Ireland, just doesn't make sense, yet Amazon still makes money and paying their employees , how much I /we have now idea.