Increasing the minimum wage to $15 can only pay off: Olive - News Summed Up

Increasing the minimum wage to $15 can only pay off: Olive


As recently as 2014, Statistics Canada reported that, accounting for inflation, the 2013 average minimum wage in Canada, of $10.14, was unchanged from the 1975 minimum wage, of $10.13. The $15 minimum wage is no longer a debating point, but a hard reality across North America. Alberta has set the pace of reform, with a $15 minimum wage that begins in October of next year, a few months before Ontario’s $15 minimum wage does. As recently as 2014, Statistics Canada reported that, accounting for inflation, the 2013 average minimum wage in Canada, of $10.14, was unchanged from the 1975 minimum wage, of $10.13. The economic research on the minimum wage has not yielded evidence that higher minimum wages effect employment levels.


Source: thestar September 01, 2017 15:00 UTC



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