The Minimum Wage Debate in Canada Essay by Master Researcher

The Minimum Wage Debate in Canada
A review of the controversy surrounding the issue of minimum wage.
# 90853 | 2,025 words | 6 sources | 2006 | US
Published on Dec 01, 2006 in Canadian Studies (Economics and Finance) , Canadian Studies (General)

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This paper discusses how an increase in the Canadian minimum wage to $10 an hour would be controversial as has been every increase in minimum wage since the first introduction of legislation in support of a minimum wage in Canada in 1918. This essay presents arguments both for and against raising the minimum wage to $10 an hour in Canada as a national standard. The paper shows how such an action will have some negative impact upon the Canadian economy in that it will increase labour costs and, as a result, may somewhat increase inflationary pressures.

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