Peter Munk Centre for Free Enterprise Education
For every 10 per cent increase in the minimum wage, youth employment drops by three to six per cent.
Premier Kathleen Wynne plans to increase Ontario’s minimum wage to $15 per hour over the next 18 months.
The total number of low-wage jobs declined by 6.8 per cent.
Most minimum wage earners in Ontario are not the primary or sole earner in their household.
Ontario’s hourly wage floor will climb from $11.40 today to $15 in 2019.
The vast majority of minimum wage workers—85 per cent—do not live in low-income households.