Toronto--After being shut out of today’s committee hearings in Toronto on legislation to increase Ontario’s minimum wage by 32 per cent in only 18 months, the Canadian Federation of Independent Business (CFIB) has released preliminary results of an on-line survey that spell disaster for Ontario’s economy and job creators.
An astonishing 34 per cent of Ontario’s small- and medium-sized businesses would consider selling, closing or moving their business outside of Ontario as a result of proposed minimum wage increases to $15 and beyond by 2019.
