We don't have to speculate what will happen, because we can simply look at the past. Bob Rae raised the minimum from $5.00 to $6.85 over 18 months. It was too fast. every increase came with a proportionate number of layoffs. I saw some people lose their businesses because the increased cost of labour could not be offset by price increases. Most businesses operate on very small margins and increasing prices will cause a loss of sales volume. That's basic economics, the law of supply and demand. It's clear that Jim Stanford has had a sheltered life, and never owned a business. If he had, he would know better.