Ontario's Minimum-Wage Hike Is Just Free Parking

A lot of “experts” have been on T.V. lately, lamenting how the hike in minimum wage by over 20% this year will benefit the Ontario economy. One of the points made was that the very people earning a min-wage will still not be making enough to even save money.

That is true.

The argument is, that the extra money they will earn, they will just spend.

That is probably also true.

This doesn’t mean that this cycling of money is good, nor is it smart for that individual, making min-wage, to do so. And round and round we go, getting nowhere in GDP growth and production. It’s all window dressing. It's akin to landing on the Free Parking space in the game, Monopoly. The Free Parking space serves zero purpose, and if anything, gives you a temporary breather or band-aid; until you have to roll the dice again through the gauntlet of your friends line of properties that has a hundred houses and hotels on them.

Now, the smart thing to do, if you are making the new min-wage, or if it is a portion of your revenue stream among others, is to take the extra 20% you will be earning and put that into investments, more specifically, investments outside of Ontario, Canada. Or, invest in companies that are Canada based, but get 70% or more of their sales and revenues from places such as the United States.

That is what I am doing. I am not putting the extra money back into a failing economy and province that chooses to meddle with fundamental economics. Thanks for the extra money, though, Ontario. However, the prudent and smart thing to do is to make that money work for you elsewhere, where you will grow it much faster and with less risk.

It would be stupid to take that extra money and put it back into businesses in Ontario because the businesses in question will raise their prices (they already have), so really, you will be spending the same value amount of money that you would have before, due to price inflation to compensate for the squeezed margins that the government is putting on private business.

This is what will happen: Businesses will eventually leave Ontario (small businesses will fail) or stop growing and investing in it all together because it will be cheaper to pack up shop and move elsewhere, where margins are better. People like me will move our money elsewhere as well.

Economics is reality— and when you fuck with economics, it will fuck you right back.

So, whatever, I will take the Free Parking, thanks. However, I will be investing in assets off of Ontario's board game.

Hope you like getting fucked without lube, Ontario. Have a screaming orgasm for me! *Salutes

#Investing #Economy


 Copyright © 2021 Frank Cervi   All rights reserved


Terms Of Use 

The blog, podcast and books are works of fiction/entertainment. Names, characters, businesses, places, events, locales, and incidents are either the products of the author’s imagination or used in a fictitious manner. Any resemblance to actual persons, living or dead, or actual events is purely coincidental.

All views expressed on this site, podcast and books do not necessarily reflect that of the author's and website owner. All views expressed do not represent the opinions of any entity whatsoever with which the author has been, are now, or will be affiliated.

This site and its content are for an extremely mature reader keen to understanding various points of views to arrive at truth. The objective is not to hurt any sentiments or be biased in favor of or against any particular person, society, gender, creed, nation or religion. However, the truth is objective and feelings aren't facts. If your feelings get hurt, that is your problem and responsibility.

Kindly do not browse through the articles if you believe that certain kinds of content may be offensive to you. Viewing any content of the site is a conscious choice of the visitor. If you cannot understand that you, as a person, have agency and are responsible for your subjective emotions then you are a fucking moron who should not be engaging with this site and its materials.


We recommend that unless you are completely convinced, it is preferable that you do not read anything on this site. Simply close the browser window immediately and enjoy the rest of the innumerable web-pages on the internet. Don’t tell us later that we did not warn you. Again, you are an adult and hopefully not a fucking low IQ moron.

Reading this site may cause permanent changes in your thought process and ideology. It may force you to rethink your entire belief system and bring fundamental changes in your personality. Not everyone is ready for such massive transformation and hence we recommend that one better avoid the site.

Sponsored Posts

We cover a variety of topics on The Red Island, however if you would like advice, insight, or for us to cover a specific topic, you can buy a post.


This option is due to the heavy amount of requests and emails that I get, and it's difficult to keep the blog on schedule, do podcasts, craft new novels while keeping an eye on the stock market/my investments if I just answer emails all day long.

If you wish to just simply donate to the booze fund, that's great too. Just skip all these literally Hitler steps all the way down to the bottom and click that fucking button to send some cheddar biscuits (coin) my way. It's always appreciated.

To Get A Sponsored Post |


Step 1.

Simply email in with your request by explaining the question/topic you want covered clearly and in succinct fashion.

Step 2.

Your question/topic will be 'reviewed' to determine how much time and effort will be needed to provide the best response. You will then be provided an estimate via e-mail as to what it will cost to answer your question/cover a topic.

Step 3.

If you agree with the quoted price, simply make the payment by clicking the 'Donate' button below these steps using Paypal for the quoted amount agreed upon.

Step 4.

Upon confirming the funds are received your topic/question will be answered. You can either opt for a blog post or for an e-mail response only.

I officially bill out $100 per hour for my time, but in reality most of the e-mails I get can be solved/answered within a 30 min post/e-mail. For an e-mail response only I charge less due to the low-maintenance of not having to make a thumbnail or do extra formatting required on the blog.