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RCO





Joined: 02 Mar 2009
Posts: 6510
Reputation: 234.7
votes: 3
Location: Ontario

PostPosted: Sun Oct 29, 2017 10:24 am    Post subject: Reply with quote

Editorial: Wynne’s minimum wage hike will do maximum damage


Postmedia News
Postmedia News

More from Postmedia News



Published:
October 28, 2017


Updated:
October 28, 2017 7:17 PM EDT



Ever since Premier Kathleen Wynne announced her decision to up Ontario’s minimum wage by 31.6% to $15 an hour within 15 months, the reviews have been coming in fast and furious.

And they’ve been awful.

The Legislature’s independent, non-partisan Financial Accountability Office predicts at least 50,000 jobs will be lost.

It warns groups like new immigrants will be hardest hit as businesses deal with higher labour costs by laying off workers and cancelling expansion plans.

A TD Bank study predicted 90,000 lost jobs.


The Keep Ontario Working Coalition, a group of business organizations, estimated 185,000 job losses over two years.

Beyond that, as the Fraser Institute’s Ben Eisen pointed out in a recent Toronto Sun column, minimum wage hikes are an extremely inefficient way to alleviate poverty because most minimum wage workers aren’t poor.

Only one in seven live in low-income households as defined by Statistics Canada’s low-income cut-off, Eisen noted.

In fact, 60% of minimum wage workers are teens or youths aged 15 to 24, 86% of whom live with their parents or other relatives.

Another 19% are married with employed spouses, 90% of whom earn more than the minimum wage, or are self-employed.

Only 2% of minimum wage workers, Eisen noted, are single parents with young children, a group the Wynne Liberals constantly invoke to sell their policy.

A recent poll by Dart Insight and Communications for Newstalk 1010 found 61% of 814 Toronto residents surveyed from Sept. 16-19 opposed Wynne’s minimum wage hike plan, with only 39% in favour.

Of the 61% against in Toronto, traditionally a Liberal election stronghold, 44% wanted a longer phase-in period to minimize job losses while 17% wanted the hikes scrapped.

The major concern of the public and business groups is the speed and size of the minimum wage hikes Wynne is imposing, which will maximize job losses.

On Oct. 1, Wynne upped the minimum wage to $11.60 per hour from $11.40, to be followed by a massive increase to $14 on Jan. 1, 2018 and $15 on Jan. 1, 2019.

A study by the Keep Ontario Working Coalition said spreading these hikes over five years, instead of 15 months, could decrease job losses by 74%.

Hiking the minimum wage is attractive to Wynne because she’s conscripting the private sector into paying for a major Liberal election promise.

We don’t expect her to back down. Ideologues never do.

Typical of their decisions going back to Wynne’s predecessor, Dalton McGuinty, Liberals double down on bad ideas, such as their Green Energy Act, regardless of real-world evidence their policies are misguided.

Wynne won’t change. Neither will the Liberals. The only way for Ontario to rid itself of these economically destructive policies will be to vote them out of office in the June, 2018 election.

http://torontosun.com/opinion/.....mum-damage
Bugs





Joined: 16 Dec 2009
Posts: 4273
Reputation: 242.3
votes: 8

PostPosted: Sun Oct 29, 2017 1:56 pm    Post subject: Reply with quote

I don't know anybody who thinks this is a good idea. It isn't just theoretical economics that says so. It's practical experience. How many times in history do you imagine that governments have tried to solve poverty through compelling an increase in wages? And how many times has it worked?

If you could solve poverty by increasing wages to $15, why not increase them to $45 and we'll all be rich?

The fact that the government has gone to these lengths to fool the public is scandalous. It's like the HOLLYWOOD sign in LA. it says UNFIT TO GOVERN.

This underlines the skullduggery they have resorted to in order to hide their gas plant blunders, and mess they've made of the entire energy infrastructure. So now it says:

UNFIT TO GOVERN

It must now be at the point where any of the alternatives would be better than what we've got.
cosmostein





Joined: 04 Oct 2006
Posts: 7479
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votes: 21
Location: The World

PostPosted: Wed Nov 08, 2017 12:29 pm    Post subject: Reply with quote

For those following

Bill 148 has passed second reading and is now back in Committee.

http://ontla.on.ca/web/bills/b.....ail_status

As of November 7th it remains in the Commons with less than two months before they expect Business to accommodate the new changes within it.

It still needs to pass third reading and receive Royal Assent

The next committee meeting scheduled to discuss this is not till Thursday, November 16;

http://ontla.on.ca/web/go2.jsp.....hedule_web

The current session goes till December 14, 2017 and does not resume till March 12th 2018.
RCO





Joined: 02 Mar 2009
Posts: 6510
Reputation: 234.7
votes: 3
Location: Ontario

PostPosted: Tue Nov 14, 2017 5:26 pm    Post subject: Reply with quote

( the pc's are now promising not to end minimum wage hike but slow down the implementation so its $15 in 2022 instead of 2019 )




Robert Benzie‏Verified account @robertbenzie · 36m36 minutes ago

Tories have made their first significant campaign promise: slow down minimum wage hike from $14. Increase a quarter a year to $15 in 2022. Slated to be $15 in 2019. #onpoli
RCO





Joined: 02 Mar 2009
Posts: 6510
Reputation: 234.7
votes: 3
Location: Ontario

PostPosted: Wed Nov 15, 2017 8:33 am    Post subject: Reply with quote

$15-an-hour minimum wage? Not so fast, Tories say


Antonella Artuso
Antonella Artuso


Published:
November 14, 2017


Updated:
November 14, 2017 7:30 PM EST


Filed Under:

Toronto SUN ›
News ›
Ontario ›



$15-an-hour minimum wage? Not so fast, Tories say

​​

PC. leader Patrick Brown along with L-R, MPP Vic Fedeli, MPP Jeff Yurek, MPP Todd Smith and MPP John Yakabuski comment on Fraser Institute report at Queens Park in Toronto, Ont. on Wednesday, February 17, 2016. PC MPP John Yakabuski said his party, if elected to govern in next June's provincial election, would slow down the implementation of the minimum wage increases.Dave Thomas/Toronto Sun



An Ontario Progressive Conservative government would delay the $15-an-hour minimum wage until the year 2022.

The Kathleen Wynne government is raising the minimum wage to $14 an hour as of Jan. 1, and plans to increase it to $15 an hour in 2019.

The move has been well received by anti-poverty and labour groups, but business of all sizes have said the rapid increase in employee costs will lead to price hikes and job cuts.

The Financial Accountability Office of Ontario has warned that 50,000 jobs could be lost.

PC MPP John Yakabuski said his party, if elected to govern in next June’s provincial election, would slow down the implementation of the minimum wage increases.




While leaving the $14 an hour wage in place, the PCs would hike it by 0.25 cents an hour each year until it reached $15 an hour on Jan. 1 2022.

“We’re not going to roll it back,” Yakabuski said. “If it’s already been passed and people have been paid that wage, it’s very, very difficult, and quite frankly unfair, to tell somebody that something that you were given six months ago… we’re now taking away.”

Ontario Finance Minister Charles Sousa released his fall economic statement Tuesday that includes a commitment to drop the corporate tax rate for small business to 3.5% from 4.5% in response to concerns raised about the minimum wage.



Ontario Minister of Finance Charles Sousa. Ernest Doroszuk/Toronto Sun

As well, the fall economic statement proposes $124 million in financial incentives over the next three years to offset the cost of hiring youth aged 15 to 29 in companies with fewer than 100 employees.

Labour Minister Kevin Flynn issued a statement condemning the Tory minimum wage plan.

“Our plan to phase in a $15 minimum wage over 18 months ensures more workers are benefiting from Ontario’s economic growth,” Flynn said.

NDP Leader Andrea Horwath said a delayed minimum wage idea shows how out of touch the provincial Tories are, but said the Wynne Liberals aren’t much better.

The promises in the economic statement are like Wynne’s “stretch goal” of lowering auto insurance rates – not something Ontarians can take to the bank, she said.

The fall economic statement anticipates a balanced budget next spring although net debt will continue to rise to a whopping $335.6 billion in 2019-20.

Sousa said he expects the net debt-to-GDP ratio to fall, but did not provide a date when the actual net debt might begin to level off or fall.

The government needs to invest in future economic competitiveness by spending on infrastructure like transit, schools and hospitals, he said.

“Not to do them would be irresponsible,” Sousa said

http://torontosun.com/news/pro.....tories-say
RCO





Joined: 02 Mar 2009
Posts: 6510
Reputation: 234.7
votes: 3
Location: Ontario

PostPosted: Wed Nov 15, 2017 8:35 am    Post subject: Reply with quote

FEDELI: Liberals' economic statement an election ploy


Postmedia News
Postmedia News

More from Postmedia News



Published:
November 14, 2017


Updated:
November 15, 2017 5:51 AM EST


Filed Under:


Ontario Finance Minister Charles Sousa speaks to reporters in Queens Park in Toronto on Nov. 14, 2017. THE CANADIAN PRESS



BY VIC FEDELI, Special to the Toronto Sun

The Liberals’ Fall Economic Statement represents nothing more than a pre-election Hail Mary pass from an out of touch government, flailing to do or say anything to cling to power.

First, the measures aimed at small business are a pittance compared to what’s required to keep them viable, let alone competitive.

This announcement will not offset the impact of the Liberals’ rushed minimum wage plan. It is literally a fraction of the impact the sector will be hit with when the Liberals’ election-motivated minimum wage plan is implemented.

Here’s one example: A small restaurant in my Nipissing riding will be hit with $152,000 in added costs. Their annual profit is under $100,000. So, a 1% reduction of tax on their profit is peanuts in comparison. With the additional costs, there will no longer be any profit to tax — at any rate! It’s insulting. The restaurant will still lay off workers.


These examples exist across the province. According to an independent report from TD Bank, 90,000 jobs will be lost because of Premier Kathleen Wynne’s minimum wage hike. Tuesday’s plan will not eliminate this fact.

An increased minimum wage doesn’t help if workers don’t have access to good, stable jobs.

Our MPPs have heard first-hand from workers, families, small businesses, mom-and-pop shops, local chambers of commerce, and major community employers. The concerns are endless about the pace at which the Liberals will implement the minimum wage hike.

That’s why, using a responsible approach, the Ontario PCs will phase in the increase from a $14 to $15 minimum hourly wage over four years. This means the minimum wage will increase by 25 cents each year over our mandate, starting in 2019.

Everybody in Ontario recognizes the need for higher wages. Ontario families are working harder, paying more, and getting less under the Liberals.

Between skyrocketing hydro rates and ever-increasing taxes and fees, it’s very hard for families earning the minimum to even think about balancing their books at the end of the month.

However, phasing-in the minimum wage is the responsible approach.

The second most glaring issue with this economic statement is Finance Minister Charles Sousa has doubled down on the cooking of Ontario’s books.

None of the valid concerns raised over the past couple years by the auditor general or financial accountability office have been addressed by the government.

Recall that the auditor general has, for two years in a row, refused to sign off on this government’s public accounts. Recall that recently she has said the Liberals are “making up” their own accounting methods.

This fall economic statement is part of a trend of pulling the wool over our eyes to paint Liberal numbers in a good light right before an election.

It’s evidence that Wynne is untrustworthy, and she will say anything to get re-elected.

— Fedeli is finance critic for Ontario’s PC party


http://torontosun.com/news/pro.....ction-ploy
Bugs





Joined: 16 Dec 2009
Posts: 4273
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votes: 8

PostPosted: Wed Nov 15, 2017 9:47 am    Post subject: Reply with quote

As economics, the whole idea is crazy. As an election position, it's probably as good an approach as the have available. They want to defang the issue.

This isn't where they want to fight the election. But a $15/hr minimum wage is a promise that will convince a large number of Ontarians that the present government is just too frigged up to continue. They aren't fit to rule!

Add it with the crooked book-keeping, the jiggery-pokery with our power utilities, and so on, and it makes a pretty imposing pile of dung. And the number of people who just shake their head and say nothing is probably large.

That part of the electorate will be going into the campaign with the idea that the most important thing is to get rid of the present government.

For them, the question will be -- who will be the best ones to replace them? They are going to look for competent people with a painless path back to fiscal sanity. This shows a touch of prudence -- but in this bunch of politicians, a little prudence stands out.
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Wynne knows $15 minimum wage will kill thousands of jobs

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