34 per cent of businesses might sell, close or move due to Ontario’s minimum wage hikes
An astonishing 34 per cent of Ontario’s small- and medium-sized businesses would consider selling, closing or moving their business outside of Ontario
By News on the Net —— Bio and Archives--July 21, 2017
Canadian News, Opinion | Comments | Back To Full Article
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.
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