Raising the Minimum wage to $15

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How is she still in office?

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Fine by me.

>>127722672
le wall needs heavy financing

I hope the lefties here try it as well as universal healthcare.

Just to see the economy bomb and them twist up into pretzels explaining how it was really the republicans fault.

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HAHAHAHAHAHA. kisz even more jobs goodbye.

>>127722672
Seriously, I make 17$ and barely survive in my 1 bedroom after bills and groceries. I don't even know how people do it on 11$

They must have roomates or something to split the difference. Apparently Ontario has the highest cable/internet/phone bills in the entire world.

>>127723064
The price of goods is going to go up with the increased minimum wage. So your $17 is going to become like $12 or $13. It sucks but it's going to be harder to live off what you make without a raise.

Wynne literally did nothing wrong.

>>127723064
Then don't get cable/internet/phone. Get a tracphone or what ever it is you get in Cananada.

I was making $12/hr. I didn't have internet, I didn't have TV, I didn't have a phone. I went elsewhere for entertainment and barely even stayed home. Now I make $25/hr and can enjoy those things. When you're not making good money, you have to cut out the bullshit in your life and deal with it.

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>businesses will be forced to innovate

I say Canada is a good place to try having the minimum wage keep pace with inflation. We can all look on and see if it's a good idea or not.

lefties make the government pay for everything they need, so they don't care how much it costs.

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>>127723336
>I say Canada is a good place

it's not. they are unstable, they have a carbon tax, they are a storage facility for laundered chinese money and a blood orgy for the financial sector

>>127722672

stupid idea, instead put controls in to raise the value of the money and increase purchasing power per monetary unit

>>127722672
I'll probably lose my job.

>>127723530
That's what makes it a good place. We can get a better reading on whether it tips them further down the hole or tips them away from the abyss.

Unlike trying UBI in Finland, where they're already highly socialist and not in terrible shape, so UBI would have to really crash and burn hard there to get a good reading on it.

>>127722759
The election hasn't happened yet.

>>127723307
I cut cable and phone, just pay internet now.

>>127723186
I am not saying I agree with the proposition, I am just saying how the fuck they can survive on that.

raise it to $50 in leaf land. I want the collapse of the leaf to be audible everywhere

>>127723657
>increase purchasing power per monetary unit

that won't happen in canada, ever. they need those dollars losing value over time to keep the pyramid scheme goong. canadians are bred and raised to be fucked over. they can't even see what's bad about it.

>>127723657
Can't do that if you're in debt and still running deficits.

>>127723885
Barely, while getting yelled at by Boomers for being "lazy and entitled".

>>127723885
You're about to find out.

>>127723746

Then rob them.

>>127724071
Rob the people who gave him a job for as long as it was financially viable for them to do so? It's not his employer who wants to change the minimum wage. It's dumb shits who can't diagnose the actual problems with our economy.

>>127723885
Shouldn't be paying for internet either. Really, shouldn't pay for water or electric. Do you really need it in the summer?

Shower at a truck stop. Spend like $3 on a 48 pack of bottled water.

Only expenses you should have is food(Ramen/Bulk Ravioli), auto(gas and parts - do the work yourself), and auto insurance.

>>127724071
Then I'd be in prison

Needs to be $50, how else will niggers ascend to being kangz again?

>>127722672
there shouldn't be a minimum wage

>>127723968
>canadians are bred and raised to be fucked over. they can't even see what's bad about it.
this a billion times. everyone here is so passive and guilt ridden over one thing or another that canadians as whole can get raped and rationalize it with a smile on their faces.

hey faggots, see ontario for the last 14 years and how it voted? this will be canada in its entirety for the next 10. the country will have to be literally in flames before trudeau goes because canada is and has been primarily a left wing cuck nation for most of its existence.

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>>127725604
human beings are priceless.

>>127725781
>canadians as whole can get raped and rationalize it with a smile on their faces.

They'll even call other canadians who complain about it a little bitch and then attack them for pointing out the rape.

It's like it's a point of pride to get a bad deal or something. Then there's the carbon cult you are all a part of.

>>127722792
that pepe makes me lol hard

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>been struggling to live off 30k annually
>gf who I split the bills with is leaving me
>see this on the news today
I'm fucked.

>>127725797
Wrong
>$26.50

This is the same province trying out UBI

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>>127726403
>2

Pay people more money to do the same job.
Your labor is not worth any more than it was so the money must be worth less.

Minimum wage jobs are not for raising a family, it's for supplementing an existing income. Perfect for retired people, a housewife who's children have grown, or students that have thier needs taken care of and need beer and gas money.

Put the money and effort into creating middle class jobs where labor is worth the increased wage due to difficulty, skill and or responsibility.

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>>127722672
I think it's a great idea...

so where does this new money come from, retards?

wynne is a dumb cunt, she is done.

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>>127726993
>so where does this new money come from, retards?

DOESN'T MATTER. REALITY DOESN'T MATTER ANYMORE.

>her dicc

>>127722759
She won't be next election - I believe her approval rating is around
>11%

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>>127722672
Good.

https://m.youtube.com/watch?v=sXokRH7jGh8

>>127727162

im happy, she's gone full retard and now the tories will win

fuck the libtards.

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>>127727581
Wages vome from the profits of workers.

https://m.youtube.com/watch?v=UW8o1AFgX9Y

>>127722672
Gives me a whole lot more money, I've been at 12.50 an hour for 2 years and it's not enough

>>127722672
do it.
>because yall aren't combating rapid inflation already.....

how much is a gallon of milk there?

>>127728084
Like 8 dollars. The cost of living here is way higher than what the jobs pay, it's sickening

>>127728084
T. Illeterate retard that doesnt understand inflation.

>>127727581
>now the tories will win

by then it won't matter.

>>127728084
The same profits circulate from $0 an hour to $600 what changes is more distribution to worker, and whats sllowed via amount of money produced by workers and factories, $15 is minimal of total profits produced by workers.

>>127722672
http://archive.is/nBnf3
> UC Berkeley Forced to Cut 500 Jobs After $15 Minimum Wage Hike
works every time

>>127726777
Not anymore. Our service sector is going to be primarily staffed by working poor new immigrants in the future.

>>127727947
>12.50 an hour for 2 years
Why are you so useless? Are you a woman or something?

>>127723186
Dont forget that the people making 17-20 already will be fucked because the take inflation without a gain in income

>>127728547

from the ashes, canadian trump will rise

Minimum wages should be pegged to inflation.

This argument is so dumb. Every few years there's a new argument about should the minimum wage rise when it should just be pegged to inflation and done with it.

>>127728850
Those at 17 should get a raise, minimal wage grants more power and wages to everyone.

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>>127728746

this guy is what i was talking about here>>127726046

>>127728746
No my job just wont pay anymore, a coworker of mine has been there for 46 years and he only makes 60 cents more than me. Finally they'll have to pay us 15 an hour

>>127722672

That's going to put a LOT of people out of work, so great plan there. The collapse can't come fast enough. Liquidize your assets, don't keep them stored as Canadian dollars.

https://freedom-school.com/money/how-an-economy-grows.pdf

>>127729122
More like allow alot more people to afford more things

>>127726309

Your tax rate is also over 50% isn't it? Just sell off anything you don't really need to survive and start buying supplies, gold or other metals.

>>127723064
>I don't even know how people do it on 11$

Having parents that give a shit about you and let you live in their house is a good start.

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>>127728986
Mcdonalds makes 453k per employee, paying employees 30k minimum is least we can do.

>>127729251
it won't. businesses will close or layoff. you're in for a bad time.

>>127728986
>Those at 17 should get a raise,
Where does the money come from for that raise? Wages go up and prices go up too. Everyone gets paid more and you still won't be able to cut it at min wage. People need to get some useful employable skills to get paid more.

>>127729475
From the profits produced, math.

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>raising the minimum wage isn't bad just look at San Francis-

>>127729251

How? If a business pays 3 employees a 1000 dollars each, with a budget of 3000, how is increasing the price of each employee to 1500 going to help the third employee?

>>127722672
isnt your economy already fucked? this'll be the tipping point for businesses to start pulling out

>>127722672
min.wage in canada is still only 11.25 and we already have computer terminals at mcDonalds instead of cashiers, we're F U C K E D

>>127729251
Guess what?

You're fired
>>127729539
I run a business. You're fucking fired too

>>127729539
>from the profits produced
you have absolute no clue about economics. spreading the profits would increase their wage upto about $0.05. WOW massive increase!

>>127729718
hire me, ill work for 11.25 and wont ask for benefits or jew health care

>>127727581

This. As much as I can't stand Patrick Brown, I think the Cons will win this one. Hopefully a conservative tide begins rolling things back in Ontario, Federally, and in Alberta.

>>127729738
Mccdies has 50,000 employees, 24billion revenue do tha math.

>>127722672
If it's this cunt,then no. Christ no.

>>127729718
My job wont fire me because hardly anyone will do my job, if they lose me the business tanks

>>127729848
>11.25
Never paid anyone that little before. You're probably not useful enough to keep employed anyways. No offense but I've gone through many employees but wages are so expensive and people always get lazy after a while. Can't afford to pay someone who isn't making me money.

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>>127730040
Remove employees rebenues decrease.

https://m.youtube.com/watch?v=afq6Bm_mq3Q

Doesn't even think how that impacts salaries of trainers, team leads or lower management and what that means for keeping talent in small business settings. Cashier gets raise, then higher staff wants raise because they do more work. If boss can't pay they leave (hopefully) to find another job that will.

Also not all businesses operate at a profit their first few years. You're not only making it harder for newbies to get a job, but also new businesses to get a start.

Throw in a push for automation or higher skilled people and you've just increased a greater divide between lower and upper classes.

A strong middle class cannot be created out of magic money and government mandates.

>>127730040
>do the math
RIP small businesses and student jobs

>>127730379
Middle class is created though math.

>>127730181
Then you should be earning a decent wage. If you are so indespensible then negotiating a raise should be easy.

>>127723064
Yeah and how much Xanax do you do a day stop bitching your probably on welfare

>>127722672

I don't think a minimum wage is necessary, but if it is implemented, it should follow inflation.

Fuck that shit

I run a small business and can't afford a ~33% hike in worker wages

If they raised the minimum wage Ill have to fire 2 or 3 people to keep my company going

>>127723064
DONT LIVE IN TORONTO

get cheaper internet/phone

why the fuck are you buying cable

be more responsible with your money

HahahaHAHAHaha. . . .kids in school, retirees, and no skills people have had rising unemployment over the last 5 years, this will be the straw that broke the camels back. Automation is going to start ramping up even more for those low skills jobs, it's only going to make more and more financial sense.

>>127728389
Where the fuck are you? It's $4.25 here

>>127722672
Why stop at $15 an hour? Let's raise it to $100 an hour. How about $1000 an hour? As long as we're picking arbitrary numbers and not giving a damn about inflation or reality, le's raise it to $1,000,000 an hour.

>>127731241
>le's raise it to $1,000,000 an hour.

YAY!

>>127731047
the finance sector is shit in every other city in Canada.

>>127731387
>he works in finance
>in CANADA

kekekekeekekeekekekeekekek

>>127731610
Don't worry I know. I don't plan on sticking around too long.

>>127731679
I go to Queen's University and all my friends in Commerce can't stop rubbing in the fact that they are going to be living the "Wolf on Wall Street" life the second they get out of school.

Can't wait for the real world to hit them!

>>127722672
She looks like a fucking bat.
Last time I checked she had an 11% approval rate, guess she has to hand out gibmedats and neetbux.
I used to hate women like her so fucking much, then I kind of felt bad. But now I once again am right, judging people by the way they look is totally justified.

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>economy was hit hardest but is rebounding fastest
>$15/h in late 2018
>lots of jobs (unless your not willing to make less than the riggers used to)
how is the alberta ndp so based?

>>127730949

They don't want small business to exist anymore in Canada didn't you know? They only tailor their legislation to the BIG BAD CORPORATIONS like Timmies and Walmart, while simultaneously the cities and government are giving out contracts to Timmies and Walmart. For example, there are maybe a couple restaurants/pit stops not owned by a multinational chain along the entire 600km highway up to Sudbury, it's all Tims/BurgerKing/PizzaPizaa/Etc. They pay the government not to allow anyone else to set up shop along the highway.

>>127731823

bay street is for losers who cant go to NYC

cucks, all of them

>>127732590
london is where it's at. what's the cocaine cost on bay street these days? i ask for market research purposes.

>>127732863

no idea

im not a loser that works on bay street

>>127724508

Except the auto maintenance part, this is terrible advice.

>>127724508
Get a gym membership instead of the Truck stop. Free water and bathroom facilities.

>>127722672

Election coming in 2018. Hey millenials. Remember I gave you $15/hr!

>>127733269
Nobody working minimum wage should be driving a vehicle, get a damn bicycle

>>127722672
>raising the minimum wage
>not preventing rents to keep on going up
pissing in the wind

>>127733565

OK then it's all terrible advice. Eating Ravioli? Showering at truck stops? You're on minimum wage, not fucking Ricky from trailer park boys.

>>127732863
drugs cost more in ontario
$100/gram

Great idea.

Do it.

>>127733667

Pretty much.

Chink landlord "Ahh so you pay 800 a month now. Now you make more, you afford $1100 a month

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>>127733738
>implying those who work min can afford a better life style

>>127722672
It worked for Seattle. So it would work everywhere. Globalist corporations fight against it, so it's not likely to happen.

>>127733952

Buy a conversion van for $1000 and live in that, Ricky makes it look comfy.

>>127731823
>>127732590
>>127732863
I think it depends on your sub industry.

For my sub industry NYC isn't really the place to be either. It used to be london, but now it's looking more like singapore or Bermuda.

All of canada's sectors are mediocre. Finance is no different.

>>127726057
He has the dutch flag on his head

>>127733819
Chink landlord mow all rentals are 300$ maxomim

i love it when socialists try to talk economics and end up sounding like they're 12 years old

>>127723307
People can't do it. They bitch about the cost of living in their cities but refuse to consider moving to rural middle America or just a very inexpensive city in order to live well.

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People saying this will raise the cost of goods don't understand that goods are currently being undersold because of wages being way too low.

>>127734268
All employees will not work, we will se whats better, 24 billion revenue or 0

>>127726777
If everyone makes $15 then everyone is so i!e class.
Checkm8>>127730542

If everyone makes 15 then everyone is middle class. Checkmate reddit

>>127734583
Correct, more of profits are distributed so everyone can afford the supplies such as housing, services and such.

>>127734817
Except when they replace workers with automation.

>>127735028
Go ahead do it now, fire all employees.

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>>127735028
Shit why not fire everyone and buy houses. those badboys gain in value $750 per day. not an employee on earth can do that.

>>127722672
Wouldn't you be concerned with goods and services inflated to match the new wage

You know like how it constantly happens

>>127735140
CA is in this process while significant amounts of other companies have left or are in the process of leaving the state, often for Texas.The other thing they do is lay off anyone whose job can be picked up by another employee and work them to death.

>>127722672
I think you don't understand how the forces of supply and demand work, but whatevz.

>>127722672
taken from plebbit
>These people have actually lost their mind. $2.60 hike in 6 months time. $3.60 hike in 18 months time.
>Is a 16 year old with 0 experience actually worth $15/hour to a business? No.
>What a great way to wage a war on youth via legislation, all to buy votes from the NDP for the election. The current unemployment rate for 15-24 year olds in Ontario is 12%. The UE rate for the rest of the workforce is 4.8%.
>Watch this number for youth skyrocket as businesses are forced to grapple with tighter margins and rising labor costs.
>You'll get businesses shutting down, raising prices and/or cutting hours. It's going to create inflation and at a time when Canadians need to save and not spend, we're going to shift the savings-spending decision by shifting income to those who spend almost everything.
>I wouldn't be surprised if youth look more to volunteer positions to get their experience, because there's very little chance someone is going to hire them for $15/hour.

>>127722672
The minimum wage is and always will be $0.

>>127722672
It's a good thing. Capitalism tards deserve to die from simple medical problems as a consequence for their idiotic beliefs

>>127722672
it needs to be supported by the economy bra

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>>127735603

>>127735370
All employees now stop wirking, mcdonalds goes bankrupt, all services bankrupt, electricity out, plumbing out, no one builds houses, no more buildings, no more streets, no more cars, no more iphones, no more clothes, no more food, no more internet, no more oil, no more resource extraction.. fuck all low skill jobs!
It should be illegal to hire someone for labor or low skill jobs.

I can't wait to hear about how impossible it is for the youth to find employment

>>127722672
It needs to be decreased to 5 dollars. You see... these people don't consider work inflation to be a thing. The truth of it is that the same amount of minimum wage labor work today is worth less than 20-30 years ago as technology becomes better and with the population growth being as large as it is.

protip: there's about to be a fucking huge farmland bubble in canada. Get in while you can, it started this year and it's got a few years in it. It is going to be big.

>>127735857
There needs to be a national day without workers holiday.

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>>127722672
I look forward to the 33.3% improvement in labor productivity it logically implies.

Not enough min wage should be at least 100$/h so there won't be poor people anymore

>>127736171
$8 loafs by 2020 if all goes well.

>>127722672
>be a BC fag
>Libs win election, but greens side with the NDP, effectively meaning NDP will form government
>NDP are dumb commies who want a 15$ minimum wage
>Greens are basicly the same with coating of hippie garbage.

God fucking help me, I already make 15$ beaver buxs an hour. I'm going to become a minimum wagie overnight

>>127735857
I don't get what you're going on about. Some imaginary strike?

>>127736295
Fuck off retard

>>127736392
Fuck all workers and laborers, im doing what should be done, it will be illegal for people to work in services and low skill jobs, right now.

>>127722672

why not raise it to 100$ u capitalist scum !!??!!

>>127736053
I'm surprised this wasn't more popular sooner, at least in lower crime areas. I never stand in line at the movies anymore

>>127736290
Ding ding ding, you hit the head on the nail.

>>127736528
It will be illegal to be employed in labor, or services, automate everything of course these people are disposable.

You fucks are so stupid sometimes.
>Muh industry
>Muh nation
High min wage ... macdonalds said its bad, so it must be bad!

Niggers in a bucket the lot of you,

>>127730040
Always figured the USA would have a purely McDonald's based economy.
At least y'all don't have to worry 'bout no retirement money seeing as you're all gonna die of heart failure or diabetes long before you reach that age :P

>>127727581
You're underestimating the stupidity of Ontario voters

2018 majority is all but confirmed

>>127736534
Yes, automated makers nd builders automated matomated mautomated automated automateds.

>>127730181
They'll fire you and then bring in TFWs

You're fucked

>>127722672
For $110 billion...

>>127722672

https://www.youtube.com/watch?v=ca8Z__o52sk

It would be a disaster for the low skilled.

>>127736994
Tfw?
Bitches to employers should all be jailed, pussy faggots.

Automated resource extraction built by automated robots built by automated robots built by automated robots

>>127722672
Its ignoring correlation with causation. In the boomer era a guy with an 8th grade education could get a job that paid equivalent of $20 an hour in todays money bolting cars together on an assembly line.

Minimum wage was still about equivalent to what it is today (around $8.00 an hour). Industry wasnt better because wages were high, wages were high because industry was better. The service "industry" was never and can never support an economy. Wages are stagnant in the west because the industrial field is stagnant in the west.

Artificially declaring a frycook or a cashier to be worth what a guy boring out engine blocks is worth will not change this basic fact. You can artificially raise the wages all you want, if you arent doing so due to real improvements in the economy then its just devaluing the currency.

Which, by the way, is what its really all about. Countries like china with command economies intentionally devalue their currency every time their debts get too much by simply declaring them to be so. This $15 an hour minimum wage idea is literally just a defacto way for the debt heavy western nations with free market economies to do the same.

The pet economists and statisticians on leashes will crow that now nobody is making less than $50,000 a year an since poverty is officially set st $20,000 a year that means the glorious blue overlords finally managed to oblitorate poverty!

Meanwhile a loaf of bread will cost $20 and buisinesses will be replacing humans with robots. The chocolate ration has been increased from 30 to 25 grams, 2+2=5, big brother is watching, and hail oceania.

Its all bullshit.

>>127733667
They already extended rent controls, which is retarded. Rent controls only help people who currently rent and intend to stay in their rental unit for life.

>>127729336
Gotta a source on that. They have 1.5 million employees and 1.5 million times 453k would mean they make about $680 billion a year. In 2016 they made $7.1 billion in profits. Divided by the 1.5 million employees mean they made a profit of $4,733 per employee.

http://www.prnewswire.com/news-releases/mcdonalds-delivers-fourth-quarter-and-full-year-2016-results-300394392.html

http://expandedramblings.com/index.php/mcdonalds-statistics/

>>127722672
I'll never fully understand why minimum wage is even a thing anywhere.

>>127737217
The world is just going to turn into BLAME! isn't it?

>>127737285
>and buisinesses will be replacing humans with robots
sounds good, raise it to 15.

>>127737217
Temporary Foreign Workers. Canadian politicians have a huge fucking hard on for them.

>>127722672
I THINK CANADA IS ABOUT TO GET SOME FREEDOM

SHAREBLUE IS TROLLING

NO ONE CARES

HIS NAME WAS SETH RICH

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>>127724015

Fuck the boomers. They're looting all of the CPP & OAS as we speak. That money isn't even really there, we're paying for them today.

>>127722672
We here are trying to get away from that as much as possible, only socialists want that/ Why won't the US take an example from failed economic systems from other countries? I mean, the "but it was not done properly" meme should just die.

>>127737214
Mccd makes 453k per employee at 30k per enployee they still profit off each employee, go ahead fire all workers snd dont employ at $15, you will go bankrupt if population in area remains consistent to workers fired.

>>127722672
Why stop at $15? Why not make it $100/hr?

Business would increase prices to pay for the extra wages but everyone can pay the new prices because they have more money. Then money starts leaving Ontario and everyone's worse off

>>127723064
>they raise minwage
>everyone making 15$ and your still making 17$
>prices go up
Wew

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Most people only want a $15 minimum wage because they envision poor niggers crying as they starve to death, not realizing niggers would waste all their money even if they had a million dollar wage. Same with Mexifats.

>>127737851
"Prices go up."
Supply remains same.

>>127737379
>profit of $4,733 per employee.
This really isn't a big profit off one person. I would never hire someone if I knew I would only make 5k a year off of them. Good thing they have a million employees. Like how many fucking cheeseburgers do you have to sell to profit 5k?

>>127737851

We're all on the same team comrade :^)

how much does a fentanyl overdose go for in canada these days?

>Interactive map of overdose deaths brings opioid crisis to your doorstep

http://www.cbc.ca/news/canada/opioid-deaths-map-1.4067384

40 bucks to escape canada forever would be a good deal.

>>127738285
Always archive sites like that.

https://archive.is/GazC0 <- cbc.ca article

>>127722672
I'd have to fire my only part timer and work 70 hours a week by myself until the slow season is over. Fantastic.

>>127737536
>unions are even more useless now, correct
>stop buying expensive smartphones when you can't afford basic shit you faggot
>refuses to move to places where a decent house cost $80k-$120k
>goes to overly expensive college before saving up
>thinks everything is supposed to happen in his favor asap
>may be true but life's not fair or easy
>so go to a school with an affordable tuition like community/online
>move somewhere that a low income will get you by nicely
>fucking crybaby as if that's regular people's fault not politicians/lobbyists/corporations
>has never walked into a place that's hiring to personally hand them a resume - it works sometimes even in [current year]
>again blaming regular people/your parents for the failing west
>yep they worked their entire lives, get started on that faggot

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>>127737379
All revenue is produced by the employees.

>>127737619
McD's always does well, even when the economy is doing poorly, because retards end up buying from them more.

>>127738013
Look no further than the NFL

>>127738104
It makes sense to do if you are a huge franchiser.

>>127723064

Do you work 5 hours a week? You'd be making ~$2300 a month, which is good.

Even if you lived in Toronto, you can rent a room in a house and the rent is only ~$700-900 with utilities.

That leaves you over 1300 for groceries and everything else. If you're from Toronto, you don't need a car because the subway/transit is phenomenal.

If you eat anywhere near $1,000 stop being an obese retard and eat properly.

If you aren't eating more than $400 a month you should have more than enough money to do whatever the fuck you wanted.

Something tells me:

a) you're lying
b) you have poor financial skills
c) you're a gluttonous retard that rents his own 1 bedroom apartment which is going to be $1,5000, and your claim of renting 1 bedroom is a lie

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>mfw this move assures another win for the liberals provincially
ontario is so fucked

>>127738943
Make 10,000 per employee extra, gain 7.2 billion annually profits, stupid idea fire everyone or employ only 100 employees at 1 cent an hour.

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>>127739240
u typed all that just to shit on your countryman?

>>127739240
Taxes are a thing.

>>127738014

Cost to produce said supply increases

Prices go up

How do you expect the supply of perishables like food to maintain themselves? You know that factories/businesses are continuously producing goods?

The only way around this is to import more goods- meaning you'll lose jobs opposed to increasing the value of a product; but even then, the domestic supplies price will increase and the foreign will increase the cost of theirs

OR

People have more money, buy more goods, the demand for a supply increased, thus the value increases

t. commie faggot with no common sense

>>127722672


RAISE TO 100$ FOR FUCKS SAKE !!!!

>>127722672

The price of everything is going to go up astronomically.

>>127739586
Retardo if no one buus anything prices decrease, having more distributed money to workers does nothing but allow the peoples to have more disponable income and if prices increase is because they have consumed a lot from new income.

>>127739385
Why would they attempt to hire people at a wage no one would work for?

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>companies will pass on cost increase to consumer, will react to minimize loss of profit
>purchasing power of dollar decreases
>inflation increases
>more debt for the province
wew good times

>>127739566

Yeah, I'm aware. If you made $17/hr 40 hours a week you'd be making ~$2,850 a month

I took off a generous $550 for taxes, might be a little more- but my point stays the same.

At bare minimum, lets say you don't work 40 hours a week, and get raped by taxes. You get $2,000 a month.

$800 is a pretty good middle ground for an apartment in Toronto, so we're using the most expensive medium for this

Don't be an obese sack of shit and eat $1,000 worth of food, normal bachelors spend ~$200-400 a month on food

Lets say $500 to exaggerate it

SO

Rent and food: $1300

Lets say $200 for razors, shampoo, soap, and all that other shit...you wouldn't spend that much, let alone every month, but we're exaggerating costs to prove a point.

Rent, Food, "Necessities": $1,500

How can you not afford to live at this point, when you have $500 left over?

>>127739883
Proces will be decreased evonomy increases.

>>127739879

That's literally what I said

>People have more money, buy more goods, the demand for a supply increased, thus the value increases

You didn't read what I said, yet you disagree with me while reinstating what I said- how fucking stupid are you?

>>127727178
>half of the workers in Ontario are employed by the public sector

She's getting back in, forever.

>>127740183
The states rices only increase if people consumed more, and such they already got tge distribution of goods and services.

>>127740309

If people have more money, they will consume more. Especially lower income individuals.

>>127722672
This stupid cunt licker probably just put me out of a job.

Thanks Obama.

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Hey guys, why doesn't the government just print and give everyone a million dollars? Then nobody would be poor anymore and we'd all be rich!

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>>127740289
This.

They've stacked the key ridings to assure victory. The rural and suburban ridings aren't enough to vote the Liberals out, shit is fucked

>>127740509
And?
They have used their money at regular prices and have got hoods and services.

>>127722672
A$18/h here, thanks.

>>127740613
You guys still have travel agencies? Do people in Canada not have the internet?

>>127740592
>this is what commies actually believe

>>127722672
Flipping burgers is NOT worth $15/hour
I made $16/hour at my first decent job and I worked my god damn ass off for that

What the fuck is this socialist lesbian's problem

>>127740731
Want 7.25 an hour minimum?

Because obviously australia is a poor country with no profits at 15 minimum an hour.

>>127739333

>implying all my voworjers are freaking out about it. Our managers only make like $15 as it is, the guy who joined yesterday will make as much as the person whos been here 17 years. This is basically communism. I might lose my job over this rediculous wage hike

>>127740690

You seriously are fucking retarded

Your entire premise is "it only goes up if people spend money"

And now you say "yeah people will spend money"

People get more money-> they buy more goods
more goods are bought -> increased demand
increased demand -> higher cost for these goods

This is what inflation is

>>127740889
Fuck off jidf

>>127740915
Australia is known to be a very expensive place though. Maybe it has to do with a super high minimum wage.

>>127741009
Fuck off min wage freeloader why don't you move to sweden

>>127740956
>working 17 years for under $20hr/cdn
lmao

>>127723336
The problem with min wage in say, Alberta was that it didn't keep up with inflation. Realistically, there aren't that many businessess that pay min wage, and the min wage hike isn't happening overnight but over a few years. Why would Boeing care min wage is going up?
>>127729094
Rip in pip. You must work in a real shitshow. I work in a store part time, some managers don't give peer reviews to their minions, let alone a raise. I know managers whose wages will go up with that increase.
From Alberta BTW
>>127737217
I don't think you understand the problem with the Temp Foreign Workers program. If they are getting screwed over at work, say by having their wage stolen, they won't report it. They won't because the condition for having their Visa is that they are employed by that SPECIFIC company, not just any company. Our pencil pushers didn't think this all the way through, like always, so we have this shitshow.

>>127740889

Literally not enough dick

That bitch needs to be dicked the fuck down, that's all it will take. And it will never fucking happen.

>>127722672
Just a way for the leftard government to reap more income tax without actually raising income tax.

>>127723064
I was making $8 when I first started my job, worked 40-50 hours a week, and I could afford: an apartment near UNC Charlotte (shitty one, but it's still a place to live,) to feed myself, pay my student loan debt, and still find time to enjoy a hobby now and then.

People who can't afford to live on min wage are either living in a hellhole like California where a shack is 1,000,000, or they are either too lazy to work enough hours, or just work in a hellhole where they can't work enough hours.

One of those things is just the person in question being a piece of shit. The other two necessitates a relocation.

I have seen people in my job, struggling, and i tell them to do exactly what i do (I live even cheaper now than I used to, in a good place, making more money,) and whenever I tell them how you actually do have to work and make sacrifices, they just whine and complain about how 'yeah but what about my life? or my hobbies?'

alright cool, find a way to enjoy being poor then. I did it, you can too.

>>127741135

It's called being poor

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>>127741065
Probably because larger % of the country is onvolved in more consumption
and can purchase more production.

>>127741349
>It's called being dumb
ftfy

>>127722672
The minimum wage is 11.40 right now.

It's the absolutely haram thing to do

>>127741578
>The minimum wage is
Different in each province?
Let me guess....ontario

Automation engineer here. I support based commie dyke.

>>127741812
Well considering this is about Ontario raising the minimum wage in Ontario its safe to assume were talking about Ontario.

>>127740063
>normal bachelors spend ~$200-400 a month on food
What are you eating, that seems low to me. I spend like $600 just buying groceries and cooking for myself.

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>>127741656
Absolutely halal you mean.

>>127742206
If I'm really careful with what I buy, I can feed two of us for $30/week. I spend a lot more than that now, because I can and it's nice to have more options and variation.

>>127742645
>>127742206

$30 for 2 people for a week is pretty intense, but

Rice, ground beef, frozen chicken breast, oats, beans are all extremely inexpensive and they'll last you quite awhile

>>127722672
Doesn't really matter either way.
Everything will be mechanized within 20 years and we will have no choice but to have a UBI.

>>127742846

>ground beef
>chicken
>inexpensive

Wew
e
w

>>127742846
I happen to have a very low cost Mexican store near me. Sometime oranges are 5lbs/$1, 5lb chicken for $8. I spend $30 and fill up 5ftx2ft of kitchen counter space, but it limits what I can get.

>>127722672

Already prices increased at the convenice store by my house.


3 bubble gum packets cost 5$ then, 6.50 now.

Bullshit.

>>127725781
>>127726046
Spot on senpai

>>127743523
>pack of gum costs more than a dollar
What's wrong with Canada?

would it be smart to move to somewhere in america like texas? the housing is so fucked in cucknada

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>live in Newfoundland
>already taxed to death
>now all imports of necessary goods coming from Ontario are gonna skyrocket in price

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>>127742627
X5 = $12.8 for 10lbs potatoes and minimum wage is at $15 an hour
USA its $10 for 10lbs at $7.25 minomum

>>127722672
They should just try it and see what happens. If it's actually a bad idea the results will be terrible and they'll have good reason to reverse it.

>>127744216
>Liberals
>Repealing policy
>Ever
They dont even repeal the stuff they hate, they just stop enforcing it

Should be $20 an hour

Canada has less than 30 million people

And bring on the basic income already

>>127743139

>frozen chicken breast
>5lb bag for $8
>750 calories/lb
>3,750 calories for the bag, /fit/ approved because of the protein value

Depending on your height, that's enough, ~100 off from your daily caloric intake for 2 days

Meaning you just spent $4 for food per day; if that's all you ate you'd spend $120 on food a month

Ground beef is also relatively cheap and high in calories

A bag of beans is $10, and those things are hardy as fuck and can hold you off for a week

Rice is also very hardy and inexpensive

10lb of potatoes is $4

77 calories per 100g is 346.5 calories per pound, * 10 = 3,465

Which is only ~500 calories off from sustaining your weight for 2 days, once again; however, this time it's $2 a day

Pasta is ~$1.50 for a bag, $2 for sauce and there's enough carbs/calories to maintain you for 2 days

The key is mixing the meats with inexpensive sides such as potatoes, beans, rice, and the like. You can very, VERY easily spend under $100 a month

I probably spend ~$150 on food, and ~$100 on shit to spice of my meals like broccoli, spinach, spices, sauces

But it's all extremely inexpensive- people are just fat fucks that eat too much and don't know how to manage their money

>>127722672
We've been over this a dozen times. It doesn't work due to basic economics. Sage.

>>127744455
>Canada has less than 30 million people
We're around 35.5million m8

>>127744529
u type all this shit sober or are you on speed? what's your game?

Further inflation is a possible outcome of this, but it will almost certainly result in the collapse of whatever manufacturing jobs still remain in this province. Businesses will lay off current low-skilled employees, relying instead on an investment in capital (including automation and self-serve options), and overtime for remaining employees. These goddamned millennials will end up at mom's house or will become forever indentured to the Liberal party by remaining on the dole, resulting in higher taxes and a further flight of investment to more business-friendly jurisdictions, continuing a trend which accelerated due to skyrocketing Hydro prices in this province. She is single-handedly ruining Ontario.

Fucking remove Ontario desu

>>127744953

/fit/ here, it pisses me off when people cry about cost of groceries or their finances- most of the time people just suck at finances and have no idea about diet/nutrition and were never properly learnt how to do their own groceries

also on creatine

>>127739240
This is still a poverty equation.

I'm not sure how anyone thrives on less than 160k a year

>>127745203
you're demeaning and no one gives a fuck. keep it short and sweet.

>>127743889
A lot of middle America has great cost of living, low property taxes, low to no income taxes, and low price houses. You could easily stick to states close to the Canadian border as well. Just depends on what climate and culture you're looking for.

>>127745446

make me

Nice to see that Ontarians will pay 35$ for a pound of chicken breast in 2020.

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>>127738455
Checked.
What your saying is true but that doesn't mean the stuff happen in the past isn't affecting the current year.
Unemployment is ridiculous high and college degrees are being vastly devalued since they allow idiots to still pass.
The older generation blaming the current is just as bad as vice versa.
However I see a lot of the older generation trying to help the younger as well and many admit it's getting worse than before.
So instead of playing the blame game, can we pull ourselves out of this shithole and make a better life is the real question,
or is the economy to far gone to be saved.

>>127723186
>>127728850

We've been taking inflation without a gain in income for DECADES now.

Things keep getting more and more expensive, but wages stay the same.

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>>127723307
>Now I make $25/hr and can enjoy those things.
>I make $25/hr
>$25/hr

Not making a salary over 750k
Pleb

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>>127746434
my contacts say 750ml is the new 1litre and 350g of cheese is the new half kilo. is the downsizing that bad?

>>127728968

$15 would match inflation. People do not seem to understand that they have been getting jewed since the 60ies or 70ies with a terrible fucking minimum wage that does not increase as the cost of goods continues to skyrocket.

Ontario is one of the most expensive places to live IN THE WORLD, and my idiot countrymen are too busy shilling for their multi-billion dollar companies or getting pissy about social justice to remove their heads from their anus and realize this isn't sustainable.

Not only that, big companies just higher 15 people to work 4 hours a week and then don't pay any benefits to any of them, because they're all part time and aren't entitled to any.

Then again, economics, money-sense or anything regarding how to function as an adult are not mandatory courses (if they're even offered), so it isn't surprising things are the way they are here.

>>127723064
Then move to America where bread doesn't cost $70

>>127729316

But that isn't something everyone can realistically do. Most of these people are at the age where they should be settling down and having a family, instead we just have a ton of late-20ies-mid-30ies teenagers. What is the country going to look like in 25 years?

50 year olds living in their 80 year old parent's place with their 20something kids all making $10 an hour still, meanwhile inflation continues to increase.

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>>127722672
>Price floor being a good idea

>>127722672
If the minimum wage is raised, won't there also be an increase in the amount of tax dollars being paid to the government?

15% of $15 is a larger number than 15% of $11.25

>>127725604

Truly. It has priced far too many people out of the labour market. Prohibits people from on the job training and experience gathering and hampers competition.

>>127722672
BASED WYNNE YAHOOOOOO

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>>127723336
Canada has no dindu's there is no accounting for that in a rational or mathematical way. Imagine the first of the month with ubi

>Mys munnys came
>ims gunna double up at the casino
>all my gibs on 17 Black
>00
> now im still a broke ass monkey all month

Or

>receive gibs
>gonna double up with this crack
> sells some of the crack
>gets robbed, arrested or killed
>he was a good boy using his ubi to help the community
>he was gone back to college in the fall
>still needs a gofundme for funeral and to help with his 7 kids from 7 different mothers

>>127730949

Small businesses are a threat to big businesses.

Sorry, but we can't allow that in a free market.

Maybe next time you'll buy yourself some politicians.

>>127747370
>labour demand and labour supply are two continuous static linear functions whose partial equilirbrium uniquely determine a stable general equilibrium

undergraduate economics is such a joke lmfao

>>127747153
Australia is 15$ an hour minimum and 10 pounds of potatoes costs $12.

>>127747932
USA is $10 for 10 pounds potatoes and minimum wage is 7.25

>>127722672
tfw the minimum wage in your country is 15$/8hr work. enjoy your lives westerners.

>>127747458
No because these people probably pay a negligible amount of income tax to begin with.

But it WILL result in the government paying out less from the earned income tax credit (we have negative income tax in canada for low earners)

so its good for the governments budget. it essentially transfers some of the burden of helping low income workers from the govt to corporations

>>127740740
Its for chinks and pajeets needing people that speak their own language.

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>>127747932
We should build a wall all the way around that shitrock and let them fight it out escape from LA style like it was intended to be.
Fucking cunt aussies

>>127748058
such is life when society isnt based upon worshipping an illiterate warlord who raped 9 year old girls

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>>127722672
Goodbye small businesses.

My country is a fucking joke.

>>127748053
Choose one make 120 a day and pay 12 dollars for food a day or make 58 a day and pay 10 dollars a day for food, Aus make $108 a day after food costs, USA make $48 dollars a day after food costs, this is not counting how many wages have neen far in increased in aus that arent minimum wage which would do to bargaining power of just working minimum elsewhere.
Aus you have

>>127748627
Since seattle raised its minimum wage to $15 it is adding workers faster than the USA national average and its unemployment is below 4%

>>127748839
...and the price of everything went way up

All it does is bring the middle class closer to the lower. All the people currently making 15$/hr are not going to get a raise and it will alienate the shit out of them. Also rent and groceries will go up bring them all back to square one.

In short: it's communism.

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>>127722672
It will fuck up your economy but do it anyways. The weaker you are the easier it will be for America to annex you.

>>127748944
Wrong.

>>127748944
source? I cant find any data showing uniquely high inflation in seattle relative to other us cities

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>>127749161
There are no arguments against $15 minimum wage, only strawmans of communism and retarded comparisons to unrealistic numbers that destroys the chain of production and profits.

>>127722672
>Be small business and make average cash for your type of business
>Spend a decent portion of money made on employees
>Minimum Wage is raised from $7/$8 to the new $15 an hour
>Cost to pay for employees pretty much doubles
>Sales increase by a fraction initially since the vast majority aren't working minimum wage jobs
>After a while, be forced to lay off employees and increase the prices of your products
>The tiny increase in sales that is shrinking over time didn't offset the x2 increase in employee wages
>Go out of business because you of cut labor at double the price, increased prices with less sales, and other factors

>Be white young adult looking for experience in the workplace
>Want to get hired
>Everywhere you turn, almost no one can hire you because of the increased minimum wage cut half of the accepted workers and companies are forced to higher minorities because of affirmative action lowing their standards

>>127749494
You need to actually look at the data instead of all these retardedly oversimplified made up hypotheticals.

Unemployment in seattle is far lower than the national average and more people are getting jobs since the minimum wage was raised to $15.

No business owners there are starving or moving away.

>>127722672
I think the answer is simple; reduce government waste (and involvement) and reduce taxes.

The government manages our money, they have no money of their own.

Eliminate the IRS with a national sales tax. Maybe no tax on food items. You only pay tax when you buy a pencil, a boat, a mansion, etc.

>Minimum wage increases
>Shitty jobs will treat employees worse than they already do
>Price of goods increases
>More entry level jobs automate
I don't know why they think raising the minimum wage by such a drastic amount is a magical cure all.

>>127722672
Raising minimum wage is destructive to 1st time employees. It forces businesses to take only workers who have skills and experience by robbing new workers of their only bargaining tool.

A new worker with no experience might say to a business - you're paying your workers $11 / hour. I'll work for $8 / hour.
That way the business saves on wages and the employee gains vital skills and workplace experience which he can use to negotiate a better contract in the following years.

>>127722672
Let the libtards do whatever they want and the results will speak for themselves.

They need to learn first-hand that socialism doesnt work. It may seem beneficial from a short-term perspective, but in the longrun it always fails.

>>127750186
but according to all the people itt a sales tax will raise the price of restuarant meals so the poor starving small business owner will have no choice but to fire all the waiters and move to zimbabwe

>>127722672
Why not raise it to $50 or $100?
Wouldn't that be better for you?

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>>127750439

>>127749467
Lol. What is basic economics?

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>>127749467
Seattle 7.8$ per 10 pounds potatoes
Make 112.2 per day after food costs or make $48 a day after food costs. >>127750465
Kek

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Every fucking TIME

>>127750702
What is the grey representing on this, wage increases?

>>127750768
basic economics is retard liberals art tier.
>>127747925

if you want to see what real economics has to say about minimum wages here is the most cited empirical paper on the topic

http://davidcard.berkeley.edu/papers/njmin-aer.pdf

>>127722672
I SWEAR TO GOD IF I GET FIRED FOR THIS

>>127750701
Strawmans, $50 or $100 makes ot unprofitable, $15 changes nothing fundamentally simply more money to workers, it doesnt change prioritazations, hierarchy, or profits.

>>127750033
You're reading LA time? Then read the last paragraph and understand that the bad results will be hidden for political reasons.

Headline
"No, the minimum wage isn't forcing these Seattle restaurants to close"

Last paragraph
That doesn't mean that the minimum wage increase won't make the Seattle restaurant business harder. But so far it doesn't seem to have made a dent in diners' choices.

http://www.latimes.com/business/hiltzik/la-fi-mh-no-the-minimum-wage-isnt-20150316-column.html

>>127750908
grey indicates recession.

the minimum wage was hiked in april 1st 2015, and the unemloyment rate has been falling rapidly since. More people have jobs and more businesses are opening up

>>127738455

Boy are you ever out of touch.

>stop buying expensive smartphones when you can't afford basic shit you faggot

$200 phone is practically the cheapest you can get, and cellphones are almost mandatory to function these days. Most employers will not bother some idiot who can't be contacted immediately and easily.

>Just move somewhere and buy a house for 80-120k

MY SIDES. What kind of jobs do you think exist near places with housing that cheap? Are you asking people to live on a native reserve in the tundra, because thats about it as far as housing that cheap goes.

>goes to overly expensive college before saving up

Okay sure, they'll just save up $40k on $10 an hour while trying to feed themselves, pay for their car, pay their bills. And "overly expensive" lmao do you even know what you're talking about? Nobody is going to hire some retard with a degree from a borderline fake online college, and that is the only affordable post-secondary out there.

>thinks everything is supposed to happen in his favor asap

The irony being your generation refuses to accept that you took a giant shit all over virtually every facet of society and continues to throw an entitled tantrum even though you'll only have to deal with the BEGINNING of your mess

>so go to a school with an affordable tuition like community/online

Or just light it directly on fire to heat yourself in the winter!

>move somewhere that a low income will get you by nicely

Yeah I hear Afghanistan is nice this time of year.

>fucking crybaby as if that's regular people's fault not politicians/lobbyists/corporations

Of course it isn't your fault, you only repeatedly voted for them

>has never walked into a place that's hiring to personally hand them a resume - it works sometimes even in [current year]

That works sometimes in minimum wage jobs. You can't walk into a place with a meaningful career path and hand your resume to a secretary as if they give a shit.

>>127750882
Oh Jew Goyim workers asking too much.

>>127728084
We have milk marketing boards in Canada that operate like OPEC so that's not really a good measure.

>>127751094
You need to show a study or source showing restaurant owners are making less money.

In general equilibrium the effects aren't obvious. On the one hand they need to pay more in wages, but on the other potential customers have more to spend on eating out.

File: 1315509325547.jpg (41KB, 680x510px) Image search: [Google]

41KB, 680x510px

>>127749467
>no arguments
What is it like being so violently retarded?

http://www.washingtonexaminer.com/hike-in-minimum-wage-prompts-more-closings-of-san-francisco-restaurants/article/2620454