Loblaw Companies says minimum wage increases in Ontario and Alberta are expected to increase its labour expenses by about $190 million in 2018. The company made the comments as it reported a second-quarter profit attributable to shareholders of $358 million or 89 cents per diluted share. That compared with a profit of $158 million or 39 cents per diluted share a year ago. Revenue for the quarter ended June 17 amounted to nearly $11.08 billion, up from $10.73 billion in the same quarter last year.
