Raising Minimum Wage

Currently, Ontario has the policy of raising employee' salaries to a minimum, it aims to help employees have more money to pay for the things needed in their life. However, the results are contrary to the initial expectations. Some negative issues have arisen later, such as many demonstrations have taken place between the authorities and the companies, reducing employee hours or making the company less profitable. Consequently, raising the minimum wage creates some difficulties for business owners.
First of all, in the article of Mark, when the decision to increase wages applies, businesses are suffering a serious issue that is the reduced profits. . They have to pay for job insurance, the Canada Pension Plan, administration, other remittances,

and labor - which account for 30% total cost. After all, the business owner receives only 3,4% profits. The salaries of people who work for them increase, but their products cannot increase rapidly. Because of low profit, it will lead to business instability. Even the business can be severely affected, consequently, they will have to re-manage the business from scratch to avoid getting worse.
Second, Tara shows some ideas about the wage increasing still dark, Ontario raised salaries' employee from $ 11.60 to $ 14, raising 21%. However, the province is expected to jump up to $ 15 by January 1, 2019. Due to high salaries, stores reduced the benefits of employees before this happens. Salary grows from $ 11.60 to $ 14, more than that, it will continue to rise to $ 15 on January 1, 2019. Although employees enjoy attractive pay rates, the consequence is that they will be cut back on benefits, such as cutting back on time, reducing tips.
Third, Mike’s article, there is an interview about how effect of $15 minimum wage in Ontario with Kathleen Wynne - Premier of Ontario. Her opinion is about employees increase their salaries, the money they earn will also use to buy what they need with equal value. With proper spending will make them feel fair and continue to enjoy the job. She was right to give her opinion when employees receive a higher salary, they are willing to pay for something as valuable as the labor they spend. Finally, staff agree with what they do and what they have to pay, they become comfortable working. With such a revolving effect, even business owners and staff will benefit from each other.
On the one hand, employees will feel satisfied about what the government is doing for them, inside, they will be short of mental and physical conditions. On the other hand, there are some opinions on this increase. Employees will enjoy many benefits if the decision is made in the long run. Businesses can manage and control this change during that time.