By making labour more expensive, the minimum wage reduces employment.
minimum wage hikes
Minimum wage increases can lead to employment losses for the least advantaged members of the labour force.
An estimated 91 per cent of minimum wage earners in the province do not live in low-income households.
More than half of Canadians earning the minimum wage are between the ages of 15 and 24.
Over the past decade, the Alberta government has raised the minimum wage by 46 per cent.
The youth employment rate fell by a full point in Ontario between late 2017 and early 2020.
The Horgan government raised the province’s minimum wage to $14.60.