Ontario unemployment fell to lowest point in 18 years after minimum wage hike
“In spite of some predictions to the contrary, Ontario’s sharp minimum-wage increase hasn’t killed its labor market,” reported Bloomberg this month. In fact, quite the opposite is true: the minimum wage hike in this case has corresponded with a booming economy. “Business owners and economists fretted the 21 percent wage hike, which took effect Jan. 1, would…