Policies - Wage Stagnation - Canada
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Policies - Wage Stagnation - Canada
- 1. Wages/Employment By: Paul Young CPA, CGA
- 2. Opposition Party comments โข Tom Mulcair quote โWhile Harper has been in office, income inequality has deepened, wages have stagnated and new job creation is slower than any period since World War IIโ โข Ralph Goodale โThis will come as โnewsโ to millions of Canadians who are having a tough time coping with the cost of living and just getting by, let alone getting ahead. Over the past 30 years, median after-tax family incomes in Canada have increased by a mediocre 14% โ thatโs less than half a percentage point per year on averageโ
- 3. Hourly wages
- 6. Wage impact โข Government wage freezes โข Small โvs- Medium/Large Business โข Service Sector โข Public Sector โvs- Private Sector
- 7. Private โvs- Public Sector
Editor's Notes
- http://ottawacitizen.com/news/national/mulcair-calls-for-hike-to-federal-minimum-wage or http://www.marketwired.com/press-release/canadas-largest-provincial-labour-federation-endorses-thomas-mulcairs-ndp-2053104.htm http://ralphgoodale.ca/blog/canadian-middle-class-disappointed-frustrated/
- Mulcair is talking about stagnation, right? It seems to me the latest trend in July 2015 shows a 3.4% increase in wages, right? http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/labr69a-eng.htm ย Fact 1 - http://www.statcan.gc.ca/pub/11-626-x/11-626-x2012008-eng.pdf. Based on this study wages have been growing, but a slower pace. This actually aligns to what CNN has said on the middle income class - https://www.youtube.com/watch?v=xqLDHQ-iJU8 Fact 2 - http://www.ilo.org/wcmsp5/groups/public/@dgreports/@dcomm/@publ/documents/publication/wcms_324678.pdf . This shows wages are growing Canada, especially compare to its peer like the USA. Fact 3 - http://static1.1.sqspcdn.com/static/f/1493895/25691274/1416506638937/Final+Skills+Shortage+CFCM+October+2014+1.pdf?token=asWYEXX%2BgzkKAs9yHY49UezLjEA%3D. So, the LPC solution is throw more money at university and colleges, right? How about working with business and the school systems to push people to careers that are likely to require workers. ย ย It is funny how I can do 20 minutes of research which dispels Mulcairโs facts as being less than factual. Yet, Mulcair never refutes my comments, why? My guess that Mulcair cannot so he chooses to hide from discussing details to smearing of either Harper or Trudeau. If you want to see how real NDP government respond to globalization then look at NDP government at the provincial level - https://www.youtube.com/watch?v=yhMMLNa3C-c ย So, who is lying?
- http://www.ilo.org/wcmsp5/groups/public/@dgreports/@dcomm/@publ/documents/publication/wcms_324678.pdf
- http://www.cfib-fcei.ca/cfib-documents/rr3348.pdf