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Ontario Liberals pass legislation to boost the minimum wage from $11.40 to $14 in 2018, and then $15 in 2019

  • Last Updated:
  • Dec 11th, 2017 10:24 am
Deal Addict
Sep 23, 2009
3985 posts
1146 upvotes
Loblaw's view:

https://www.theglobeandmail.com/report- ... e35802543/

"Loblaw revealed on Wednesday that plans for minimum-wage increases in Ontario and Alberta could add about $190-million of labour expenses to the retailer in 2018 alone."

Over the last 4 years, Loblaws has average net income of roughly $565 Million. $190 Million is about 33% of their average net income. In 2016, net income was $983 Million, so $190 Million would be just a little more than 20% of their net income.

"[Galen] outlined ways Loblaw is looking at to find savings, including increasingly digitizing manual invoice jobs; rolling out more self-checkouts at its Shoppers Drug Mart stores; using analytics to reduce inventory and ensure goods are available when customers want them; and using predictive tools to improve the effectiveness of discounting."
Banned
Jul 29, 2017
16 posts
5 upvotes
Lot of wastage is in the middle. Where fat ass lazy incompetent mid level management are wasting money. Some highly paid CEO's are in the same boat.

I would rather get rid of one $ 100,000 mid level manager who is just warming a chair than get rid of 5x- $ 20,000 minimum wage employees who are actually working hard & are needed.
Banned
Jul 29, 2017
16 posts
5 upvotes
Is this a done deal ? And a law that come Jan 1, 2018 - minimum wage will be $ 15/hr ?

Or its just a suggestion & far from being implemented ?
Deal Expert
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Dec 7, 2012
26968 posts
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GTHA
dimple1947 wrote:
Jul 30th, 2017 10:50 am
Is this a done deal ? And a law that come Jan 1, 2018 - minimum wage will be $ 15/hr ?

Or its just a suggestion & far from being implemented ?
This minimum-wage hike is not a done deal. The public hearings on this wrapped up last week.
The plan is to boost the minimum wage to $14 on Jan. 1 and to $15 in 2019. This is a 32 per cent increase in less than 18 months.

fyi, Ontario’s minimum wage increase is included in proposed legislation along with equal pay for part-time workers, increased vacation entitlements and expanded personal emergency leave.


The economic case for a higher minimum wage: Editorial
The arguments against the $15 minimum wage don’t hold up — and the choice between social and economic ends is a false one.
https://www.thestar.com/opinion/editori ... orial.html
Member
Jul 20, 2017
316 posts
68 upvotes
Will the minimum wage be the same for employees with benefits and those without?
If the answer is yes, it means companies will be cutting benefits if they have some....The value of a good benefit package, based on family size, could be more then the raise. So a lot of employees making $12-13 an hour now, who have benefits, might be worse off after the minimum wage raise, if the benefits are cut....
Member
Jul 20, 2017
316 posts
68 upvotes
It seems I got the worst answer to my post: my wife told me that their boss told them unofficially, that they can expect layoffs, or a cut in hours...also told them that depending on the exact final version, might not even afford to keep anybody part time ( they were not getting benefits..) They will get rid of people making less then $15, keep the ones who make more currently ( makes a lot of sense, but it hurts)
so on one side small business owner, on the other side wife loosing minimum wage job...as for all the cctb benefits, no longer have kids under 18, but still paying for their school ( with no more tuition tax credits in ON and reduced federal)
Time to close shop, move to Ecuador, let kids get max OSAP free tuition...
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Jan 25, 2004
2355 posts
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Ottawa
renoldman wrote:
Jul 29th, 2017 8:11 am
Loblaw's view:

https://www.theglobeandmail.com/report- ... e35802543/

"Loblaw revealed on Wednesday that plans for minimum-wage increases in Ontario and Alberta could add about $190-million of labour expenses to the retailer in 2018 alone."

Over the last 4 years, Loblaws has average net income of roughly $565 Million. $190 Million is about 33% of their average net income. In 2016, net income was $983 Million, so $190 Million would be just a little more than 20% of their net income.

"[Galen] outlined ways Loblaw is looking at to find savings, including increasingly digitizing manual invoice jobs; rolling out more self-checkouts at its Shoppers Drug Mart stores; using analytics to reduce inventory and ensure goods are available when customers want them; and using predictive tools to improve the effectiveness of discounting."
Yeah... worked at Loblaws for some time in a higher up position. These numbers are the biggest crock of shit I've seen; I've come to expect nothing less from national corporations who build their bank on the backs of minimum wage workers while raking in profits of $500,000,000 a year.
Deal Fanatic
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Mar 31, 2008
9640 posts
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Toronto
Again, what's really angering about this is this was due to an election ploy. And also the rules limiting flexibility on scheduling.

I for one, seeing a pound of wings going up to $20, and pint of beer to $10 for a cheap domestic beer will feel no guilt in tipping 5%. Also expect more machines which is fine for younger folk like me, and more shoddy service.

Another thing a business owner said was those getting paid $15/hr will be pissed, and as such, they'll likely have to raise the wage to still be higher than the person that just started.
Deal Addict
Sep 23, 2007
4222 posts
715 upvotes
Hiking minimum wage up by this much is nothing more than a political move to buy votes. In reality it probably has the opposite of the intended effects.

It's only the bigger already profitable companies that can afford such a hike. The mom and pop shops suffer a lot. Talk about hurting small businesses...

Many stores will raise prices, more or less erasing the benefits earned. Those who make a little more will soon find that their spending power has not increased. Meanwhile every other consumer not making minimum wage will suffer as prices go up.

Employers may choose to hire less, or seek ways to automate. Jobs may be lost.

Income tax revenue for the government will go up. They get to collect more CPP and EI. Would personal tax exemption limit rise as well? Probably not in the short term.
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Nov 13, 2010
4757 posts
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Scarborough
just saw in a shopers drug mart the other day in the mall...........only 1 cashier, and 3 self-serve checkouts........long lineup.
guess what, we used the self-serve checkout.
Get ready for such scenarios to be more and more common once $15 kicks in
Deal Expert
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Jul 22, 2006
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Noticed in Guelph, Walmart installed a bunch of self serve checkouts with less cashiers
[OP]
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Apr 21, 2004
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I'm not going to shoplift but I would feel less guilty to skip scanning a few products with these self-serve check outs.

Even with the $1 McD thread, people are more comfortable re-registering the app to avail of the $1 Big Mac at the kiosks but not over at the cashier.

We'll have to see how cost effective these self-check outs are.

I think it's being penny wise but pound foolish for many grocers.
Deal Addict
Jul 13, 2012
2788 posts
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Ottawa
alanbrenton wrote:
Aug 8th, 2017 4:17 pm
I'm not going to shoplift but I would feel less guilty to skip scanning a few products with these self-serve check outs.

Even with the $1 McD thread, people are more comfortable re-registering the app to avail of the $1 Big Mac at the kiosks but not over at the cashier.

We'll have to see how cost effective these self-check outs are.

I think it's being penny wise but pound foolish for many grocers.
Knowingly skipping items at a self checkout is the same crime as shoplifting (theft).

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