A $15-an-hour minimum wage will cost the province's businesses billions, a new analysis warns.
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Trudeau said helping low-income Canadians requires "work across many jurisdictions, and across many different challenges.''
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The wages go up starting Thursday.
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When governments impose a minimum wage higher than what would otherwise prevail and without corresponding productivity increases, employers find ways to operate with fewer workers. While the more productive workers gain through a higher wage, their gain comes at the expense of others who lose as a result of fewer employment opportunities.
Alberta’s minimum wage is set to rise once again this September, but critics claim the change isn’t enough. At $9.95, Alberta currently has the lowest minimum wage in Canada. The increase would push...
Kathleen Wynne raised the minimum wage -- yet another clear case of politics trumping evidence in the setting of government policy. Minimum wage legislation has been studied ad nauseam so there's plenty of evidence to draw upon. And the vast majority of that evidence shows increasing the minimum wage does little to help impoverished families and often hurts the most vulnerable workers.