Essay On Minimum Wage In Canada

Imagine coming home exhausted from a long day of work, only knowing you have to return the next day providing not only for yourself but also for your family. How about going to work sick and barely functioning, not able to stay home and rest because the rent is due at the end of the month. On the other hand, having to work past the age of 65, simply because the medication is costly and you need your heart pills. Debating between buying groceries or paying the heating bill. Sadly these problems are too familiar with many Canadians struggle to survive by making minimum wage. Poverty is a major issue in Canada and should be taking seriously. Watching people struggle and working dead end jobs is not what life is about. We see wealthy owners getting away with cheap labor and paying employees so little so that they can save money on their business. They get to go home to their perfect lifestyle while workers in poverty just have enough money to make ends …show more content…
We haven’t discussed what benefits business could have with this wage increase. A decrease in turnover rate can be a great asset to a company in so many ways. Workers who are making higher minimum wage feel more comfortable and satisfied because of a need that was met or a goal that was reached in their minimum wage job. And most of the time employees are less likely to quit, which results in fewer expenses to hire and train new workers time and time again. Raising wages can help increase productivity. “Minimum wage increases raise the costs for firms that operate on a low-wage, high-turnover model. Evidence from Canada shows that when minimum wages are higher, it takes workers longer to find jobs, but, once found, those jobs last longer and pay more” (Brochu and Green 2013: 7). When the minimum wage increases, employees can enjoy benefits of paying higher wages without being placed in competitive