Loblaw Warns Minimum Wage Hike Will Mean Cost Cuts

TORONTO – Loblaw has added its voice to the companies who suggest that minimum wage increases may wind up hurting, rather than helping, some workers.

Loblaw Companies Ltd. said Wednesday that changes to the minimum wage in Ontario and Alberta will increase their labour expenses by $190 million in 2018.

How to make up that loss?

Loblaw chairman and CEO Galen G. Weston said the company would move to save money by, “increasingly digitizing manual invoice jobs and rolling out more self-checkouts at its Shoppers Drug Mart locations.”

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