The Fraser Institute is out with a new study that raises questions about whether or not raising the minimum wage is an effective anti-poverty strategy.

The study shows that the vast majority of minimum-wage earners in Canada—92.3 per cent—don’t live in low-income households.

Just over half of those minimum wage earners says senior fellow with the Fraser Institute, study co-author Ben Eisen, are teens or young adults who live with their families.

Eisen says raising the minimum wage doesn’t always result in increased income for minimum wage earners.

He says unemployment and fewer hours tend to become more prevalent in some jurisdictions, as the minimum wage rises closer to the median wage.

Eisen says while a higher minimum wage might help some workers with their financial goals, if it results in fewer hours or less employment overall, then that becomes a problem.