Quote:
Originally Posted by iggy_oi
There will no doubt be an adjustment period, I will be the first to say the timing isn't the greatest, but frankly if we don't do this now then when will it get done? When there's another boom? When the wild rose or conservatives are in power? This issue has went unaddressed for a long time, it's always been a game of catch up in this province. It's also being implemented over time, so that will hopefully help ease the burden somewhat.
Goods and services may go up in price, but last time I checked they seem to go up even when the minimum wage is kept at the same rate. At the end of the day the market will dictate what people will pay for things, most smartly run businesses who are doing well won't risk losing business by raising their prices above what people will pay just so they can attempt to maintain the same profit.
The issue with hours being reduced already exists as well, if it becomes evident that the wage would be enough with a guarantee of minimum hours, maybe some labour laws can be changed to address this, or people can choose to unionize and address it in that manner. Looking at the current numbers, even a guarantee of hours would not help people enough at the current minimum wage.
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We need to more than just a minimum wage hike to help people break away from that vicious cycle of poverty. Tax breaks or grants to help them get a trade or education would greatly help. Then there the lack of affordable housing.