Ontario Small Business Expecting Relief
The Ontario government is expected to announce relief for small businesses today in a bid to help ease the transition to the province’s increasing minimum wage. The move also aims to heal the already fraught relationship the Wynne government has had with the business community.
Finance Minister Charles Sousa is expected to unveil the government plan to help small businesses in the province’s fall economic statement.
Context: The government has announced it will increase the minimum wage to $15 an hour by Jan. 1, 2019. The increase is planned to be phased in gradually and rising with inflation.
Fall Economic Statement: Will be released at 3 p.m. We will update this article at that time.