• Mines can create Indigenous middle class in Ring of Fire

    Finalizing a road into the Ring of Fire with community spurs will ignite the economic development and jobs that the impoverished Indigenous communities in the Ring of Fire desperately need… 150 years of government support has done little to create economic prosperity in their impoverished communities… sustainable mineral development of their resources can be the foundation of an Indigenous middle-class that they so rightly deserve.

  • Minimum wages: The small-town view

    A lot of well-meaning people argue that businesses that can’t afford to pay a decent living wage shouldn’t be in business at all… But then I look around my small town, where so many local business owners – including the organic farms that sell us such tasty, wholesome, righteous food – are barely scraping by. They all want to reduce poverty and inequality. But raising the minimum wage won’t do that. It will only make their lives that much more precarious.

  • Killing the entrepreneurial spirit

    “The government’s proposals eliminate many of the bona-fide tax planning strategies that currently reward the business owner for risking his/her capital, for creating thousands of jobs across Canada and for contributing to Canada’s social security safety net, which is generally accessed by the middle and lower class. “The government’s actions will increase the overall tax burden for hard-working business owners and their private corporations and may create a disincentive for those who are considering pursuing their innovative and entrepreneurial spirit in Canada.”

  • The case for raising the minimum wage

    The comparative data suggest that, at a minimum, there is no consistent, long-term, economy-wide trade-off between a decent wage floor and jobs. Indeed, very low wages may discourage workers from accepting jobs, as seems to be the case for the many low skilled, male workers in the United States who have abandoned the job market in recent years… The main way the economy responds to a higher wage floor is through higher labour productivity or higher output per hour worked.

  • Shrewd businesses support $15 minimum wage and decent work

    A boost to $15 an hour also gets low-wage workers closer to realizing the benefits of the productivity gains that have been made over the last 40 years. Between 1965 and 1975, the minimum wage roughly tracked productivity gains as both increased over time. However, since 1976, the two have become decoupled and minimum wage earners have not been seeing gains in their pay cheque anywhere near what the economy has seen in terms of productivity growth.

  • Cancel the panic: Canadians have been borrowing like crazy for good reason

    … even with any small forecast increases, interest rates remain low and the Canadian economy has performed adequately in terms of employment with relatively low unemployment rates. Moreover, while these macroeconomic factors are of concern, they should also be kept in context. Despite record high levels of household-sector debt, there are also record high levels of net worth.

  • The Great Minimum Wage Debate: How to Balance Good Intentions and Evidence

    As a whole, they show a range of results, with many showing small to no effects on employment from small wage hikes while others show negative effects among youth and new immigrants.
    A further complication is that industries with the highest concentration of minimum wage workers are also the ones with higher potential for automation… no one can predict with confidence the exact effects from Ontario’s aggressive move from $11.60 to $14.00 per hour next January, and then to $15.00 per hour in 2019.

  • Minimum wage hike won’t bring ‘doom and gloom,’ economists say

    “Doom-and-gloom predictions” about the impact of minimum wage increases on job losses and inflation are not supported by evidence, according to a group of Canadian economists… some 40 economics experts from across the country claim the move “makes good economic sense” and could generate “substantial benefit to low-wage workers, their families and the economy as a whole.”

  • Ontario gets it right with move to higher minimum wage

    For over 20 years now, many highly credible studies have found that the disemployment effects of higher minimum wages are generally very close to zero… Substantial recent research in Canada, the United States and Britain also concludes that higher minimum wages succeed in lifting incomes for low-paid workers and reducing wage inequality… recent minimum wage increases are boosting spending power for low-income workers and reducing inequality.

  • Kathleen Wynne’s precarious workplace reforms fall painfully short

    … she has failed to deal adequately with two aspects of the modern workplace that contribute to job insecurity. One is the growing tendency of firms to pretend that their workers are self-employed contractors. This fiction allows unscrupulous bosses to avoid shelling out for statutory benefits, such as employment insurance and vacation pay. The other is an antiquated labour relations regime that, in an economy no longer dominated by factories, makes it impossibly difficult for unions to organize.