NEWS HIGHLIGHT
CRFA applauds Ont. minimum wage freeze
Last week’s decision to freeze Ontario’s minimum wage at
$ 10.25 per hour will provide much-needed certainty and stability after seven years of significant wage increases, according to the Canadian Restaurant and Foodservices Association (CRFA).
February 14, 2011, Toronto – Last week’s decision to freeze Ontario’s
minimum wage at $10.25 per hour will provide much needed certainty and
stability after seven years of significant wage increases, according to
the Canadian Restaurant and Foodservices Association (CRFA).
“The restaurant industry is a fundamental building block of local economies and a vital source of employment for thousands of Ontarians,” says Ron Reaman, the CRFA’s vice president for Ontario. “We’re very pleased the McGuinty government has responded to our concerns and taken action to create a more stable business environment for our members.”
Labour costs constitute more than one-third of operating costs for the average restaurant, second only to food and beverage costs. More than 400,000 people are directly employed by Ontario’s $23-billion restaurant and foodservice industry.
“Steep and successive wage increases have made it difficult for restaurants to keep their doors open, let alone expand and invest. This announcement sets the stage for our members to move forward with strategies to invest in Ontario and create more jobs,” says Reaman.
The CRFA is one of Canada's largest business associations, with more than 30,000 members representing restaurants, bars, caterers, institutions and other foodservice providers.
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