With over 400,000 small and medium enterprises in Ontario, the effects of Bill 148 will be felt province-wide. Wage hikes will result in spikes in prices in some sectors, and will drive down profits in others. But, most of all, the huge numbers of changes presented by Bill 148 require business owners to set aside time to calculate the full impact on their businesses. It is essential to be prepared. Non-compliance will not be an option: the Ontario Government is hiring over 175 compliance officers to sniff out non-compliant companies.
Learn more about how these changes will impact businesses based on these examples we’ve prepared for you. Reflect on the similarities to your firm, so you can begin to craft your Bill 148 implementation plan.
Minimize the Bill 148 costs and risks that face your business in 2018 by signing up to one of our Bill 148 Boot Camp Webinars. Click here to learn more.