Small business

How to Prepare Your Small Business for a Minimum Wage Hike

Ontario’s minimum wage got a 20 cent bump to account for inflation in October, but it’s about to make a sharp jump higher. Starting in the new year, the province’s minimum wage will go from $11. 60 to $14 per hour. A further increase to $15 per hour on January 1, 2019 is expected to be followed by annual rises at the rate of inflation thereafter. Premier Kathleen Wynne has pledged to support small business owners dealing with a higher minimum wage......