Minimum wage hike will cause maximum harm

摘要

As a glass-half-full optimist, I'd love to write more upbeat editorials. Problem is, the troubles that afflict Canada's industrial sector keep multiplying, especially in Ontario. The latest is Ontario's plan to hike the minimum wage to $15 an hour by 2019 — a whopping 32 per cent increase over the next 18 months. If the hike goes through — and the full 32 per cent will only occur if Premier Kathleen Wynne remains in power — I predict we'll see a textbook example of the law of unintended consequences. And they won't be pretty.