This presentation looks at wages and employment as it relates to Canada.

1. Middle Class –
Wages and
Employment
PAUL YOUNG CPA CGA
MAY 2020

2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Financial Solutions
• SME – Business Process Change
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com

3. Agenda
 Wages / May 2020
 Middle Class / May 2020
 PBO / Federal Wages
 Public Sector vs Private Sector Wages
 Middle class % (based on wages)
 Blog – Middle Class
 What’s next

4. Wages / May 2020

5. PBO / Federal Wages
Source - https://www.pbo-dpb.gc.ca/en/blog/news/RP-2021-018-M--public-service-use-paid-leave-reasons-
related-to-covid-19--utilisation-fonction-publique-conges-payes-raisons-liees-covid-19

6. Public vs Private Sector Wages
Source - https://www.fraserinstitute.org/studies/comparing-government-and-private-sector-compensation-in-canada-2020 https://www.globenewswire.com/news-release/2020/01/30/1977289/0/en/Fraser-Institute-News-Release-Public-sector-workers-in-
Atlantic-Canada-were-paid-11-9-per-cent-higher-wages-than-comparable-private-sector-workers-in-2018.html or https://www.fraserinstitute.org/article/trudeau-government-must-rein-in-compensation-for-government-workers

7. Middle
Class
(based on
wages)

8. Blog – Middle Class
 Middle class has struggle under Liberal policies -
https://www.cp24.com/news/liberals-foresee-high-
unemployment-343-billion-deficit-due-to-covid-19-1.5015223
 Middle class has seen carbon tax, hikes to payroll taxes,
elimination of boutique tax credits -
https://www.slideshare.net/paulyoungcga/canada-what-is-
happening-with-the-middle-class
 Housing - https://rates.ca/resources/so-much-middle-class-
housing-toronto?utm_campaign=middleclass
 You need to make over $135K year to be able to afford to live in
big cities like Toronto -
https://www.facebook.com/watch/?v=3094566090664676
 GDP needs to be fix -
https://www.slideshare.net/paulyoungcga/canada-gdp-and-
economy-truth-and-what-needs-to-change

9. What’s next
 All levels of government will need to work
together to support GDP growth -
https://www.slideshare.net/paulyoungcga/cana
da-gdp-and-economy-truth-and-what-needs-
to-change
 All levels of government need to reign in their
expenses -
https://www.slideshare.net/paulyoungcga/how
-to-reform-local-and-municipal-government-
237070928
 More focus on human capital management
policies -
https://www.slideshare.net/paulyoungcga/auto
mation-and-human-capital-management-
human-resources