FROM A WEEK AGO, January 1, 2018: Ontario's minimum wage change is having an immediate impact on the workers they were meant to help and it's not all positive. Raising the minlllimum wage by $2.40 is good news for the province's neediest full-time workers, but it also hits a company's bottom line.
JANUARY 8, 2018:
The minimum wage increase in Ontario has sparked an increase in workers' complaints by 30 per cent, according to the province's labour minister. It's fresh evidence that the minimum wage change has prompted businesses to compensate for the increased cost. Ontario isn't the only province dealing with the fallout of a minimum wage increase either; Alberta is partway through its own adjustment — complaints there have been far less loud because fewer workers make minimum wage.
JPMorgan CEO Jamie Dimon on Fannie Mae and Freddie Mac, the SALT deduction, President Trump, bitcoin, the outlook for M&A and Federal Reserve policy.
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