Loblaw Companies Ltd. says minimum wage increases in Ontario and Alberta and health care reform in Quebec are expected to hurt its bottom line.
The grocery and drug store operator says the minimum wage increases announced in Ontario and Alberta are expected to increase its labour expenses by about $190-million in 2018.
Why, pray tell, would Canada's largest supermarket chain which has made consistently huge profits in recent years not be paying all of its employees well over the new Alberta and Ontario minimum wages?