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Wages/Employment
By: Paul Young CPA, CGA
Opposition Party comments
• Tom Mulcair quote “While Harper has been in office, income
inequality has deepened, wages have stagnated and new job creation
is slower than any period since World War II”
• Ralph Goodale “This will come as “news” 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%
– that’s less than half a percentage point per year on average”
Hourly wages
Canada –vs- Peers
Economic Growth
Wage impact
• Government wage freezes
• Small –vs- Medium/Large Business
• Service Sector
• Public Sector –vs- Private Sector
Private –vs- Public Sector

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Government Policies - Wage Growth - Canada

  • 2. Opposition Party comments • Tom Mulcair quote “While Harper has been in office, income inequality has deepened, wages have stagnated and new job creation is slower than any period since World War II” • Ralph Goodale “This will come as “news” 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% – that’s less than half a percentage point per year on average”
  • 6. Wage impact • Government wage freezes • Small –vs- Medium/Large Business • Service Sector • Public Sector –vs- Private Sector

Editor's Notes

  1. 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/
  2. 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   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.     It is funny how I can do 20 minutes of research which dispels Mulcair’s 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   So, who is lying?
  3. http://www.ilo.org/wcmsp5/groups/public/@dgreports/@dcomm/@publ/documents/publication/wcms_324678.pdf
  4. http://www.cfib-fcei.ca/cfib-documents/rr3348.pdf