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Ontario small-business owners raising prices to cover minimum wage hikes

05 Dec 2017 13:01 | Nishan Singh


Faced with rising minimum wage costs, many small-business owners across Ontario are crunching numbers and making the difficult decision to raise their prices.

The provincial Liberal government is increasing the minimum wage to $14 an hour as of Jan. 1 and then to $15 by Jan. 1, 2019 – an increase of about 23 per cent and 32 per cent, respectively, from just over two months ago. The rate increased to $11.60 from $11.40 in October. 

"It is meaningful, the way it affects us," says Andrew Violi, president of Mellow Walk Footwear, a Toronto-based manufacturer of footwear sold to retailers such as Mark's and Mister Safety Shoes.

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