Friday, January 12, 2018

MINIMUM WAGE WHINING IS PREDICTABLE




Today's Waterloo Region Record carries the following article by Martin Regg Cohn titled "Small business needs to manage, not manipulate". He is basically suggesting that some Tim Horton's franchisees are acting out against their staff as much in frustration with their franchise agreements as with the new law. Apparently head office has to approve all price increases and to date they have not done so.

Also of interest though is the recital of a number of recent significant tax breaks given to small businesses which should have eased the financial burden of legislated raises. It seems small businesses get an extraordinarily low rate on the first $500,000 of income compared to small businesses in quebec and compared to larger corporations here in Ontario. That makes a major difference to me in the corporate whining about minimum wage increases. These workers need better and this apparently is one good way to do it.

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