So, the whole country will be unemployed?
"Minimum wage hikes across Canada will result in the loss of 60,000 jobs, according to the Bank of Canada."https://www.spencerfernando.com/2018/01/03/minimum-wage-hike-will-cost-canada-60000-jobs-says-bank-canada/ …
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Socialists are bad at math and logic. The Trump tax cut raised minimum wage without job loss because it raised new funds to pay workers.
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Tax cuts dont raise wages, they increase the value of the dollar A persons labor is worth what its worth. A company having more money doesn't make that persons labor worth more IMO companies are virtue signaling to convince the short term memory public tax cuts are good Smart!
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A learning moment, I hope.
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Oh Berrrrrnieeeee
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I would like to point out that the Bank of Canada's assessment of the situation does not seem in line with other minimum wage increases. I expect more than 60,000 to be lost based on available data. At least the average income will be what, 52$ higher? Terrible mistake for ON.
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as predicted, but ignored as always
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Robots...
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On another note, there may be lots of job opening in security, policing and rape counselling, after all the migrants come...
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At least people making minimum will pay more taxes to help support the 60 000 unemployed. ;)
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I won't be far behind ya, I'm in the U.S. Where ya going? I haven't made up my mind. New Zealand? Iceland? I might just say eff it and go to Mexico.
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