TORONTO, Feb. 11 /CNW/ - Today's decision to freeze the minimum wage at $10.25/hour is welcome
news for Ontario's restaurant owners and will provide much-needed
certainty and stability after seven years of significant wage
"The restaurant industry is a fundamental building block of local
economies and a vital source of employment for thousands of Ontarians,"
says Ron Reaman, Vice President Ontario with the Canadian Restaurant
and Foodservices Association (CRFA). "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 restaurant and
"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.
A recent survey by Ipsos found that the restaurant industry is the
number one source of first jobs, with 22% of Canadians getting a start
in this industry. In addition, one third of Canadians have worked in
the industry at some point in their lives.
CRFA is one of Canada's largest business associations, with more than
30,000 members representing restaurants, bars, caterers, institutions
and other foodservice providers. Ontario's $23-billion restaurant
industry directly employs more than 400,000 people in communities
across the province.
SOURCE Canadian Restaurant and Foodservices Association
For further information:
CONTACT: Ron Reaman, 416-937-8640 or email@example.com