Canada

Saviolo

(3,321 posts)

4. Pretty much exactly this,

Tue May 30, 2017, 05:09 PM

May 2017

The only people who may struggle are small business owners who will now have higher wages to pay their employees, and may have to cut back on hours at new or struggling restaurants. My husband ran a restaurant for 2.5 years in Toronto, and was just barely above water at any given time, until the day that he wasn't able to keep the lights on any longer. But I think it will have a smaller impact than the general fear mongering that goes on. It's rare to actually see many small business owners complain about a minimum wage increase, it always seems to be a large business owner complaining on behalf of the small.

Also, it will allow more people to be able to afford to put money in the hands of the small business owners!

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The new $15.00/hr. minimum wage increase in Ontario is... [View all] inanna May 2017 OP

All the money made will directly go into the economy. Else You Are Mad May 2017 #1

Yeah. That's my thinking on the issue. inanna May 2017 #2

Exactly. All Chambers of Commerce... Else You Are Mad May 2017 #5

Pretty much exactly this, Saviolo May 2017 #4

1) 70% of the GDP is consumer spending. guillaumeb May 2017 #3

The oldest (first) comment on the CBC board is this one: inanna May 2017 #6

I'm really at a loss to understand wage increase hatred. EllieBC May 2017 #7

There's been a lot of fear mongering in the Ontario media inanna May 2017 #8

I can recall a time (before Wal-Mart came to Canada) inanna May 2017 #9

I have friends who work for Save On Foods here in BC. EllieBC Jun 2017 #10

Sadly, True Dough Jun 2017 #11