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Liberals plan on a major boost to the minimum wage jumping from the current $11.40 to as high as $15

  • Last Updated:
  • May 25th, 2017 3:12 am
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Oct 26, 2003
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ConsoleWatcher wrote:
May 19th, 2017 3:43 pm
Don't forget the people currently making $15 an hour; their waves aren't going increase as a result. Similarly, retirees aren't goung to find their savings correspondingly increase in value.

I think we can all agree that from a moral, ethical point of view everyone deserves a good wage, good healthcare, good housing and food, etc. However, fron a practical point of view it's not always possible.
greece got their cake and ate it too
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Jan 27, 2004
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Messerschmitt wrote:
May 19th, 2017 3:28 pm
Rising minimum wage will change nothing. Everything will become more expensive proportionally because of the higher wage shops have to pay. It's a double edge sword. I'm not an analyst so not sure exactly what impact will have but I doubt much will change.

Look at other places like Finland. Very high minimum wage, but very high taxes and living cost.
It seems like many scandanavian countries have this model.
High taxes, high cost of living. But these countries usually rank high for happiness and personal well being.

That socialist hippy bull shit works... but only if everyone is on board. Of course these countries started off like this due to their cultural, social and collective makeup.
Canada would have to re-work everything... it takes generations to achieve... in a climate that wants politicians to get things done right now.
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Dec 4, 2007
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thats the human nature, they alway want more, more and more. thats how human and capitalism work.

thats a really good strategy from trudeau to make this happen.

he / they(liberal) seem to care about these people, they only care about being reelected. by making these minimum wage salary people thinking they making "more" money, in reality...on paper, they will effectively make more money, but in reality, the money they will make more will not give them more purchase power.

the other point is, the person who already make 15$, that will not get a prorated raise, will see his purchase power going down.

anyway, i could careless, doesnt affect me at all for what i really consume these day. if people are happy, whatever they think, perceive, that the most important.
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Oct 16, 2008
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The cost of living will increase all around, and pretty soon that $15 will no longer be a livable wage. Meanwhile those that are currently making above minimum wage but not by much, will get hosed.

End result: This will do nothing to help anyone.
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Feb 9, 2009
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UrbanPoet wrote:
May 20th, 2017 8:51 am
It seems like many scandanavian countries have this model.
High taxes, high cost of living. But these countries usually rank high for happiness and personal well being.

That socialist hippy bull shit works... but only if everyone is on board. Of course these countries started off like this due to their cultural, social and collective makeup.
Canada would have to re-work everything... it takes generations to achieve... in a climate that wants politicians to get things done right now.
Works there cause Europe is fairly socialist

But when your neighbors with the most powerful nation on earth and cost of living there is cheap most people aren't going to keeping flying with all these stupid socialist policies or lose the bright ones to the USA
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Oct 26, 2003
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UrbanPoet wrote:
May 20th, 2017 8:51 am
It seems like many scandanavian countries have this model.
High taxes, high cost of living. But these countries usually rank high for happiness and personal well being.

That socialist hippy bull shit works... but only if everyone is on board. Of course these countries started off like this due to their cultural, social and collective makeup.
Canada would have to re-work everything... it takes generations to achieve... in a climate that wants politicians to get things done right now.
it is easier to get everyone on board when you have a homogeneous society, japan is also another example, less difference in opinion when everyone feels the same culturally
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HyperTech wrote:
May 20th, 2017 3:23 pm
thats the human nature, they alway want more, more and more. thats how human and capitalism work.

thats a really good strategy from trudeau to make this happen.

he / they(liberal) seem to care about these people, they only care about being reelected. by making these minimum wage salary people thinking they making "more" money, in reality...on paper, they will effectively make more money, but in reality, the money they will make more will not give them more purchase power.

the other point is, the person who already make 15$, that will not get a prorated raise, will see his purchase power going down.

anyway, i could careless, doesnt affect me at all for what i really consume these day. if people are happy, whatever they think, perceive, that the most important.
what's the best way to protect one's purchasing power? rrsp and tfsa in the stock market is the only way?
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Sanyo wrote:
May 20th, 2017 3:44 pm
Works there cause Europe is fairly socialist

But when your neighbors with the most powerful nation on earth and cost of living there is cheap most people aren't going to keeping flying with all these stupid socialist policies or lose the bright ones to the USA
what's stopping the bright Europeans from flocking to the states?
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divx wrote:
May 20th, 2017 4:17 pm
what's stopping the bright Europeans from flocking to the states?
Nothing's "stopping" anyone per se but it's much easier for bright Canadians to live and work in the States and vice versa thanks to the NAFTA.
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ilove wrote:
May 20th, 2017 5:54 pm
Nothing's "stopping" anyone per se but it's much easier for bright Canadians to live and work in the States and vice versa thanks to the NAFTA.
hah, not if trump can help it
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Jun 26, 2011
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I imagine those who already make $15 or slightly above are not going to be pleased when brand new hires are getting paid the same.
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May 7, 2017
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Most prices won't go up much as a result of this as labour is a small part of their costs and they will need to absorb most of the hit themselves anyway. There are a few services where the impact will be very large and negatively impact middle-middle class people especially. Childcare is a big one where most of the cost (and all of the cost of a nanny/babysitter) is low wage labour that will see a substantial raise if this goes through.
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Sep 13, 2016
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While I totally support the idea of people earning a decent wage, I don't think it's a wise and practical move.
Wages should be tied to the nature of the work and skill/effort required to do it.
When govt starts to dictate who should earn what, it essentially erodes the incentive for people to put in more effort to advance in their careers.

Also a change from 11 to 15 will reflect by a much higher percentage in the cost of living.
End result, people will most likely be poorer while earning more.
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Feb 10, 2007
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ConsoleWatcher wrote:
May 19th, 2017 3:43 pm
Actually, you can say shit now on RFD!
That's more than the liberals ever did in the past 10 years!
BlackJays wrote:
Mar 13th, 2010 6:02 pm
shame has been acheived
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Jun 12, 2003
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RolandCouch wrote:
May 20th, 2017 8:21 pm
I imagine those who already make $15 or slightly above are not going to be pleased when brand new hires are getting paid the same.
as usually the middle class continues to get crushed

i won't enjoy paying $10 for MCD coupon meal... or $5 for a double double...
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