TORONTO—Despite misperceptions and false claims, raising the minimum wage would do little to reduce poverty in Ontario because the vast majority of minimum-wage earners don’t live in low-income households, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
Earlier this year, Ontario raised the minimum wage by 21 per cent to $14 an hour, and some groups—including the province’s official Opposition—continue to push for an even higher minimum wage.