Archive for the ‘Economy/Employment’ Category
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Canadian incomes jump, Ontario residents hit by manufacturing downturn: Statistics Canada
Canadian incomes have risen by more than 10 per cent over the last decade, fuelled by a booming resource sector, while the number living on low incomes is rising in Ontario where growth has been sluggish, Statistics Canada says… the downturn in the manufacturing sector slowed income growth and the proportion of low-income residents has been on the rise… Across Ontario, 14.4 per cent of residents — some 1.9 million people — were low income in 2015, an increase from 12.9 per cent in 2005.
Tags: economy, featured, jurisdiction, participation, poverty, standard of living, youth
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Good jobs improve health and profits
Bill 148 plans to increase the minimum wage to $15/hour and guarantees 10 personal emergency leave days a year (of which two are paid) for all Ontario workers, among other measures. These are exactly the types of policies we need to start seeing more of, and it is wonderful to see businesses also advocating for a healthy workforce and a healthier Ontario.
Tags: economy, Health, ideology, participation, pensions, standard of living
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Ontario must toughen law to protect temporary workers
… as it stands now hiring through temp agencies limits companies’ liability for accidents on the job, reduces their responsibility for making sure that employees’ legal rights are respected, and cuts costs — all at the expense of workers’ safety and earnings. The legislation now before the Ontario legislature does not address these concerns. As a result, the growing trend toward hiring temp workers — creating an increase in precarious work — may continue unabated.
Tags: economy, featured, globalization, Health, ideology, jurisdiction, participation, poverty, rights, standard of living
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Ontario to sell cannabis at government-run stores, online
Despite calls from many premiers for more guidance on the file, the federal government has committed to legalizing the recreational use of the drug by July 1. But, to date, Ottawa has indicated that it will leave the contentious issues of regulating the wholesale distribution and retailing of cannabis up to the provinces and territories.
Tags: crime prevention, economy, featured, ideology, pharmaceutical, tax
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Why you should care that our civil-justice system is broken
… in order for our economy to function properly, people need to believe that contractual, property and other legal rights mean something. But they can only mean something if they are enforceable… From a purely economic, risk-management perspective, a civil claim worth less than $75,000 (and that figure is probably low)… is rarely worth fighting to a final determination. In most cases, the potential recovery is simply not large enough to justify the risk.
Tags: crime prevention, economy, ideology, rights
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Tax changes are about levelling the playing field
As more and more people set up corporations, there is a growing number of individuals who have access to tax advantages not available to other hard-working Canadians. This means that some of the highest-income earners are effectively being taxed at a much lower rate than everyone else. It is legal, but as a former business owner and high-income earner myself, I do not think it is right.
Tags: economy, featured, ideology, tax
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Is a 21st-century model of labour relations emerging in Canada?
… Canadian workers confront a daunting array of challenges and pressures: the need to keep up with technological change, which threatens jobs in a number of sectors; the fragmenting of the traditional employment relationship; powerful demographic changes that will mean little or no work-force growth; an aging population that is increasingly dependent on social programs; and the prospect of having to work much longer in life… So what is a 21st-century option that may help employers, employees and governments adapt to the many changes identified above?
Tags: economy, featured, globalization, ideology, jurisdiction, rights, standard of living
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The missing middle
Since the Great Recession, temp work has grown 12 times faster than permanent employment for so-called prime-age workers, or those between the ages of 25 and 54… prime-age workers are finding it increasingly difficult to secure permanent jobs – there were 52,000 fewer of them working in permanent positions last year than there were in 2008… The cohort with the highest skills, meanwhile, are enjoying the biggest pay raises.
Tags: economy, featured, participation, pensions, poverty, standard of living
Posted in History | No Comments »
Ontario corporations can afford to pay decent wages
Less than 25 per cent of Ontario workers paid less than $15/hour are employed by small businesses…. major employers… [have] all enjoyed rising profits and they’ve paid their CEOs ever larger multimillion-dollar annual compensation packets. Their owners have accumulated billions in wealth in part because of the low wages they pay many of their employees. They can afford to pay their workers a decent wage.
Tags: economy, globalization, ideology, standard of living
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New federal jobs program targets students from underrepresented groups
Ottawa is launching a new work-placement program for postsecondary students in science, technology, engineering, mathematics and business that includes extra incentives for underrepresented groups. Companies in these fields that provide placements for first-year students, women, Indigenous students, people with disabilities and new immigrants will be eligible for wage subsidies of up to 70 per cent or $7,000. All other student placements will be eligible for funding of up to 50 per cent of the wage, or $5,000.
Tags: budget, ideology, Indigenous, participation, poverty, youth
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