Ontario's minimum wage goes up today to the second-highest rate in the country. But as Caryn Ceolin reports, it's still a lot lower than what's needed to pay the bills.
honestly.. you can raise it $100 / hour it won't make a difference. prices will go up the same and minimum wage will still not be enough. This is just creating an inflationary spiral that is making everything even more expensive. Why? because all our minimum wage workers work in industries such as grocery stores, retail stores or movie theatres. The main cost of operation in those industries is labour and as labour cost goes up so will prices for everyone that purchases from those stores. Thus perpetuating this. Only people that benefit from this is government as they collect higher income taxes, and CPP, EI.
Minimum wage workers don’t pay income tax if they file their taxes on time. They are likely eligible for enough tax deductions, credits and benefits that exceed the value of any tax that was deducted from their paycheques.
$15 after taxes. You will need to work 60-70 hours a week. But the economy wouldn't be able to support min wage workers getting a real proper liveable wage. yay capitalism.
Obviously not this doesn’t do anything you literally need double that to afford a studio apartment. Groceries are at least a 100$ a week. Do they need to calculate anything?
Why raise min wage ,how about lower taxes ,it would work better for the economy. Imagine how many are going to be layed off because of the wage increase 🤔
Make it $100 an hour. Oh look right after that rents went up 500%. Minimum wage was never meant to live off of. This is why I worked hard and moved up.
the inflation went down , how ever rent now days will go up always , so if you minum wage goes up , your goods will go up thats how it works , if i have to pay my employee more , then i have to charge more , thats how it works !
"Barely able to survive ?" Try surviving , paying rent , heat , hydro , water , garbage , internet , cell phone , cleaning supplies , laundry , toiletries , food etc on the $1368 people on disability get . smdh
Maybe but when they raise prices before adjusting min wage and then again after it doesnt change much really except that stuff still costs more than it did ...3 years ago a bag of no name cat food was 14 maybe 15 bucks....now is between 22 and 24 dollars...and thats just cat food ...go look at food prices in general or rent and how its almost doubled too....were in a great spot, thank god for debit cards right bc imagine once it climbs more how you will need to fill a backpack with cash so you can pay at checkout for a few groceries ...not too far off now though when it can run about 70 dollars to fill a single grocery bag full of food
If you expect a place of your own and insist on buying coffee at Tim's every morning, no, you can't. If you expect to have a roommate and don't spend your money on luxuries, yes, you can. I'm basing this living in Edmonton, other cities change the story.
I know people making $50 an hour and are still broke. Why? Because they spend like they make $100 an hour. So people need to be smart with there money
minimum goes up, everything goes up with it, lol. What's the point??
honestly.. you can raise it $100 / hour it won't make a difference. prices will go up the same and minimum wage will still not be enough. This is just creating an inflationary spiral that is making everything even more expensive. Why? because all our minimum wage workers work in industries such as grocery stores, retail stores or movie theatres. The main cost of operation in those industries is labour and as labour cost goes up so will prices for everyone that purchases from those stores. Thus perpetuating this. Only people that benefit from this is government as they collect higher income taxes, and CPP, EI.
Minimum wage workers don’t pay income tax if they file their taxes on time. They are likely eligible for enough tax deductions, credits and benefits that exceed the value of any tax that was deducted from their paycheques.
Yeahh , but those who make min should pay zero taxes since we pay taxes on every purchase !
That is why sales taxes exist to ding everyone including people who are low income or work in the underground economy.
So those who use the most services should pay nothing?
No
$15 after taxes. You will need to work 60-70 hours a week. But the economy wouldn't be able to support min wage workers getting a real proper liveable wage. yay capitalism.
Cost of living is too high, minimum has to go up. No choice.
Obviously not this doesn’t do anything you literally need double that to afford a studio apartment. Groceries are at least a 100$ a week. Do they need to calculate anything?
Why raise min wage ,how about lower taxes ,it would work better for the economy. Imagine how many are going to be layed off because of the wage increase 🤔
Make it $100 an hour. Oh look right after that rents went up 500%.
Minimum wage was never meant to live off of. This is why I worked hard and moved up.
IT BRINGS MORE BURDEN TO THE PUBLIC, BECAUSE ALL YOUR DAILY NEEDS WILL INCREASE IN PRIZE. SO WHERE IS THE GAIN
Let me tell u, it will never be enough, is minimum wage. Cost goes up as u increase wage.
Increasing the minimum wage doesn't solve the problem the problem is with taxes if they decrease it from %13 to %9 everyone will be happy
Expect the public servant unions
@@thomasklimchuk441 How?
Technically you could survive off that living a very frugal lifestyle
Why bother though? And you can exercise and not do drugs just so you can die healthy.
deal shopping
hunt for deals
Deal shopping? LOL
the inflation went down , how ever rent now days will go up always , so if you minum wage goes up , your goods will go up thats how it works , if i have to pay my employee more , then i have to charge more , thats how it works !
"Barely able to survive ?" Try surviving , paying rent , heat , hydro , water , garbage , internet , cell phone , cleaning supplies , laundry , toiletries , food etc on the $1368 people on disability get .
smdh
Maybe if half my income wasn't removed and given to other people.
Everything else will go up so it won't make a difference.
You wouldn't even be able to live off of 35/hr the cost of living is just to high if want any sort of comforts or want a certain quality of life
Maybe but when they raise prices before adjusting min wage and then again after it doesnt change much really except that stuff still costs more than it did ...3 years ago a bag of no name cat food was 14 maybe 15 bucks....now is between 22 and 24 dollars...and thats just cat food ...go look at food prices in general or rent and how its almost doubled too....were in a great spot, thank god for debit cards right bc imagine once it climbs more how you will need to fill a backpack with cash so you can pay at checkout for a few groceries ...not too far off now though when it can run about 70 dollars to fill a single grocery bag full of food
I’m just gonna become a criminal at this point 🕺
Minimum wage has never been able to survive with.
Lol enjoy the inflation..
Materialism and trends?
If you expect a place of your own and insist on buying coffee at Tim's every morning, no, you can't. If you expect to have a roommate and don't spend your money on luxuries, yes, you can. I'm basing this living in Edmonton, other cities change the story.
😂😂😂
U need $25 an hr to live ok. 💵💵💵💰💰💰🤑🤑🤑
I know people who make $50 an hour and are still broke.
@@frankieb8591 they overspending and not responsible 🤷♂️🤷♂️🤷♂️
@frankieb8591
I won't mind living on a $50 an hour wage.
No coffee at Starbucks every day, make my lunches, get roommate, etc
@@_WorldPeace 🙄🙄🙄