Ontario hikes minimum wage to $11 an hour
Source: Globe and Mail, Toronto
Published Thursday, Jan. 30 2014, 10:15 AM EST
Last updated Thursday, Jan. 30 2014, 10:42 AM EST
Ontarios first minimum wage hike in four years will take effect on June 1. The wage will rise to $11 from $10.25 an hour, Premier Kathleen Wynne announced Thursday at an inner-city café in Toronto.
"In this calculus, we needed to balance the needs of small businesses...with the needs of people to have a living wage," Ms. Wynne said.
"We have to take care of people. For me, the fairness agenda is part of our economic well-being."
The government will also introduce legislation to tie future minimum wage increases to inflation.
Read more: http://www.theglobeandmail.com/news/politics/ontario-hikes-minimum-wage-to-11-an-hour/article1660493
More and more every day, Canada is showing itself to be more progressive and compassionate than the United States.
PDJane
(10,103 posts)We need to re-elect Wynne and work on her to do the right thing. The conservatives are still following the playbook. If we elect them, we won't be going anywhere.
BlueEye
(449 posts)But $11.00 Canadian Dollars is equal to $9.84 USD based on today's exchange rate.
Still, well done to Ontario for this progressive initiative. I can only hope the United States can be as compassionate (and sensible) as you guys are.
George II
(67,782 posts)....goods and services.
I'm actually surprised that the exchange rate is that high now. I was up in Toronto* in October and it was basically at par (+/- 2-3%).
And then you throw in the rounding of a few cents up there since they no longer support the penny!
*I've lived in the US all my life, over 65 years, but have dual citizenship due to parental birthplace.
ConcernedCanuk
(13,509 posts).
.
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just not in cash at the till - pay by debit or credit - it' is not rounded up or down.
And how many of us use cash now anyways?
I always use debit - pennies DO add up!
CC
Coyotl
(15,262 posts)GOTV!