Economy and economic indicators

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OTTAWA—Nearly two-thirds of Canadian workers’ wages are falling behind rising inflation, leaving them increasingly in a pressure cooker situation, according to a new report from the Canadian Centre for Policy Alternatives (CCPA). The report, Pressure Cooker: Declining real wages and rising inflation in Canada during the pandemic, 2020-2022, examines wages across all industries and finds 64 per cent of Canadian workers have experienced real wage losses over the past two years, after adjusting for inflation. 
Ce rapport décrit la composition de la population active au salaire minimum et explique en quoi la hausse du salaire minimum dans l'Ontario en 2018 a affecté l’écart salarial racial des hommes et des femmes qui travaillent. Lorsque le salaire minimum de 14 $ l'heure a été introduit, les lobbyistes du monde des affaires ont fait de sombres prédictions. En fait, la hausse des salaires en Ontario a été loin d’être une « tueuse d’emplois » : l’emploi total a affiché une croissance de 1,7 % en 2018 et de 2,8 % en 2019.
This report examines the impact of increasing Ontario's minimum wage to $14 per hour in 2018.  Despite dire predictions that increasing minimum wage would eliminate jobs, employment actually increased in the period after the change. The study, funded by the Canadian Race Relations Foundation (CRRF), also found racialized workers, especially women, benefitted from the minmum wage increase, largely due to the gendered and racialized nature of low-wage work. Employment in almost all industries with lower-than-average wages increased. 
A version of this was printed in the Winnipeg Free Press March 18, 2022
TORONTO— La décision de l'Ontario en 2018 d'augmenter le salaire minimum a permis de réduire l'écart salarial racialisé, en particulier pour les femmes, parallèlement à une croissance de l'emploi, selon une nouvelle étude du Centre canadien de politiques alternatives (CCPA).
 TORONTO—Ontario’s move in 2018 to raise the minimum wage reduced the racialized wage gap, particularly for women, amid rising employment, according to a new study from the Canadian Centre for Policy Alternatives (CCPA). When the $14-per-hour minimum wage was implemented in 2018, business lobbyists made dire predictions that it would lead to massive job losses. That simply didn’t happen. In fact, far from being a “job-killer,” wages grew in Ontario while total employment increased by 1.7 per cent in 2018 and by 2.8 per cent in 2019, according to the new report.
VANCOUVER—The BC government made some needed investments in its 2021 budget for COVID-19 recovery, but there is scarce new funding for major priorities like child care, housing and climate action says the Canadian Centre for Policy Alternatives.
A new Errol Black Chair report released today examines how events areunfolding in Churchill and The Pas. It puts these events in the context of the entire Northern region and urges government to consider the needs and aspirations of Manitoba's Northerners when considering the best way to help.
Media headlines and price tags alike are sending the message loud and clear: The cost of living is increasing, with price inflation being higher than we’ve seen in decades. The most recent data on prices of goods and services show an annual increase of 5.1% in Canada, when compared to prices in January of 2021. Rising prices of goods and services can be particularly stressful for those with low and fixed incomes, and those living off of lim-ited savings.
OTTAWA—Today’s fall economic statement shows that the federal government still has significant room to spend in the fight against COVID-19 and move ambitiously toward a public-led recovery for all Canadians, says the Canadian Centre for Policy Alternatives (CCPA).

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