2. Bio – Paul Young, CPA, CGA
• Work Experience
• 15+ years in Corporate Finance
• 11+ years in Financial Solutions
• 11+ years analyzing government policies
• Academia
• Advance Accounting, Public Finance, Advance Management Information Systems,
Advance Finance
4. Key Comments
• If it seems life keeps getting more and more expensive and the only thing not increasing is
your paycheque, you’re not the only one — incomes in Canada are largely stagnant. No sign
of stopping the cost of living going up Statistics Canada says the average minimum wage in
2013 was almost identical to the 1975 minimum wage, in constant dollars. A look at
minimum wages across Canada Statistics Canada data released Thursday shows average
weekly earnings for employees, nationally, was $955 in July. That’s an increase of a paltry 0.1
per cent from 12 months earlier. Source: http://globalnews.ca/news/2972974/canadian-
wages-falling-flat-year-over-year-little-change-seen-in-pay/
• Weekly Canadian wages are growing slower than they have in half a decade, according to
Statistics Canada. Source: http://www.huffingtonpost.ca/2016/09/29/canadian-wage-
growth_n_12252820.html