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Chamber of Commerce says minimum wage hike will cost small business owners

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The Parry Sound Chamber of Commerce is speaking out against a bill that would raise the minimum wage.

The Chamber of Commerce says the Fair Workplaces, Better Jobs Act would put 185,000 Ontario jobs at risk. This number comes from the Keep Ontario Working Coalition, which commissioned what it is calling an independent study done by the Canadian Centre for Economic Analysis. The study also says the bill would cost small businesses in Ontario $23 billion over the next two years.

If Bill 148 passes, the minimum wage will rise to $14 by January 2018 and to $15 by 2019.

The chamber has been pushing the Wynne government to do its own economic impact study on the effects of this new bill. However up to this point the Liberals have not agreed to do any study.

The Ministry of Labour has not responded yet to the My Parry Sound Now newsroom’s requests for comment.

 

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Chamber of Commerce looking into the impact of a $15 minimum wage

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