Reduces Inequality

Going Forward

A Modern Industrial Strategy for Canada in the face of growing inequality and the rise of precarious work

Higher productivity no longer guarantees wage gains

A recent article in the International Productivity Monitor calls into question the assumption that higher productivity means higher wages.

Since 1981, gains in productivity have not been matched by wage gains. Had wages kept pace with productivity, the average worker would be taking home an extra $9,540 a year.

Claims about job losses when minimum wage rises exaggerated

Based on evidence presented in a recent article in the Edmonton Journal claims about job losses when the minimum wage is increased are exaggerated.  

Ontario study shows consequences of laissez faire approach

While the focus was on changes to employment standards legislation, a recent CCPA study and Toronto Star article showed how Ontario is losing middle income jobs.

Bank report suggests reducing income inequality good for economy

A recent report from the TD Bank calls for measures to reduce income inequality as a way to encourage economic growth.

The recommendations of the report are based on research by the Organisation for Economic Co-operation and Development (OECD) that found that a 1% increase in income inequality reduces GDP growth by between 0.6% and 1.1%.