Hey, if our economy depends on keeping hundreds of thousands of workers toiling in poverty, I say, let it fall! It ain't working for us!
The Metro grocery chain is the latest outfit to proclaim that the sky will fall if the proposed Ontario min wage rise goes forward. OMG, it's gonna cost Metro up to fifty million a year!!!
Hmm... fifty million on sales of 12 billion. A little elementary math tells me an across-the-board price hike of less than .5% would bury the 50 million.
You or I won't notice a .5% increase in our grocery bill. What's an extra fifty cents when you spend a hundred bucks at Metro or Foodland? If fifty cents upsets your weekly grocery budget, you're already getting your groceries at the food bank.
Metro's sacred net profits will be unscathed. All the other chains will be subject to the same minimum wage, so there's no competitive disadvantage.
Thousands of their workers will notice a real difference in their take-home pay.
How is this even cause for debate?
Come on, Metro, don't be such tightwad bastards!
Celebrate the fact that you'll finally be paying your employees a living wage!