Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Financial Services Asset Management

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

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Sir Royalty Income Fund > Minimum wage increase

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Comment by Robsopinionon Nov 05, 2021 9:42am

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Post# 34091279

RE:RE:RE:RE:Minimum wage increase

As much as the government says it wants to control inflation, behind the scenes they know they need it. As wages increase (the guy making $15.00 per hour now, will not be happy with that once that is the new minimum wage, so it's not just the people making minimum that get the wage increase it almost always flows through to most other workers) so do prices. The higher the payrolls the higher the payroll tax, the higher the prices the more sales tax collected. The more taxes collected the easier it is to pay off the debt accumulated in the past.

Unfortunate losers? The seniors and retirees on fixed incomes or savings, but the government has been trying to figure out how to get at those seniors savings for decades now.

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