Busting the minimum wage myth

An overwhelming number of studies show that raising the minimum wage actually eliminates employment opportunities

Busting the minimum wage mythWhat does the evidence about the impact of raising minimum wages actually say? It's one of the most contentious public policy debates of recent years. Opponents of raising the minimum wage say it will result in job losses – making it more expensive to hire workers means businesses will hire fewer workers. Supporters point to…

What protects workers from being exploited by business?

It’s not a too-generous minimum wage. It's the desire of other employers to hire workers whose value is beyond their current pay

What protects workers from being exploited by business?Some people think it’s the government that protects workers, through minimum wage laws and regulations that ensure workers get a decent living wage and good working conditions. But in reality, minimum wages and labour regulations don’t protect workers at all – they actually reduce the protection workers enjoy. Take the case of a low-skilled worker…

The green agenda comes at a high cost for Canadians

Government green programs impose costs on third parties. Consumers and taxpayers must pay for those policies, and the environment actually suffers

The green agenda comes at a high cost for CanadiansIn a 1999 interview, the late Nobel Prize-winning economist Milton Friedman remarked that there were good arguments for having government take action to reduce pollution, like smoke from power plants. That’s because the smoke imposes costs on third parties – for example, by dirtying property as well as surrounding public spaces. A power plant produces…

Minimum wage prices low-skilled workers out of a job

Governments should abolish the fruitless minimum wage if they want to do right by young and low-income persons

Minimum wage prices low-skilled workers out of a jobBy Marco Navarro-Genie and Matthew Lau Contributors High unemployment in Atlantic Canada is a longstanding problem. For over four decades, unemployment rates have consistently exceeded the national rate. It is critical for the provinces to reduce barriers to work. Yet governments do the opposite when they raise the legislated minimum wage, as all four Maritime…
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