The Parry Sound Chamber of Commerce is warning the public about the downside to Bill 148.
The proposed bill would, among other things, raise the minimum wage to $15 by 2019.
However the Chamber of Commerce is criticizing the bill, saying that there is more risk than reward when it comes to the bill.
The chamber, along with the Keep Ontario Working Coalition, released the findings from two new studies.
One of the studies stated that if the wage increase was implemented in the next five years rather than rushed in the next 15 months there would be a 74 per cent decrease of jobs put at at risk.
The second report, “The Flip Side of Fair” shared testimonials from business owners about how the new legislation would affect them.
The Keep Ontario Working Coalition is a collection of Chambers of Commerce and other business sector representatives.