Mid-career workers are higher education’s next challenge

The traditional student no longer exists. That means we need to find ways to encourage and fund lifelong learning

Mid-career workers are higher education’s next challengeWith a host of transformational challenges putting pressure on labour markets, a line from Robert Atkinson and Jeffrey Brown’s latest paper struck me: “Nothing about the future of work is inevitable.” Their paper is intended to reaffirm that in the face of structural change, coming impacts can be mitigated through dedicated effort and smart policy.…

How high taxes create crime and hurt society

Excessive taxes that encourage smuggling and black market activity are a significant policy issue in Canada

How high taxes create crime and hurt societyIn The Wealth of Nations, Adam Smith described a smuggler as “a person who, though no doubt highly blameable for violating the laws of his country, is frequently incapable of violating those of natural justice, and would have been, in every respect, an excellent citizen, had not the laws of his country made that a…

Immigration key to solving Canada’s looming labour market crunch

Due to its aging population and low fertility rate, Canada needs new sources of talent: Conference Board of Canada

Immigration key to solving Canada’s looming labour market crunchImmigration is central to countering the impending labour market crunch in Canada, says a report released on Friday by the Conference Board of Canada. The report, Can’t Go It Alone, said that by 2030 all 9.2 million of Canada's baby boomers will have reached retirement age – placing Canada under economic and fiscal pressure. “Can't…

Maple Leaf Foods, U.S.A.?

The iconic Canadian brand is expanding south of the border. The decision makes perfect sense and national dithering is to blame

Maple Leaf Foods, U.S.A.?Maple Leaf Foods, the largest pork processor in the country, has opted to build its new meatless plant south of the border. Unfortunately, the decision makes perfect sense. The iconic Canadian food company recently announced plans to spend US$310 million on a 230,000-square-foot processing plant in Indiana, where its Lightlife Burger and other products will…

The biggest mistake most small business owners make

We need to develop systems of hiring and monitoring our employees to ensure we have the right people

The biggest mistake most small business owners makeBob was frustrated, stressed and upset. One of his key employees, Keith, had just left to start his own business and had taken another staff member with him. I wasn’t surprised. I’d been working with Bob for several months and had met Keith several times. My impression wasn’t favourable and I had discussed this with…

Why economists can’t endorse minimum wage hikes

Economists believe that raising the price of low-skilled labour just eliminates many of those jobs

Why economists can’t endorse minimum wage hikesRaising the minimum wage is a popular policy among voters. But economists dispute the value of such a raise. Why the discrepancy? Recent polls from Ontario found strong support for the province’s minimum wage hike. And in the United States, a Pew Research poll in 2016 showed that by a margin of 52 per cent…

More needs to be done to help refugees find work

By 2034, newcomers to Canada will account for 100% of our population growth and an increasing proportion of our workforce

More needs to be done to help refugees find workIKEA Canada’s recent commitment to hiring 250 refugees in the next three years is welcome news indeed. Newcomer unemployment in Canada overall was at its lowest rate in more than a decade in 2017, but refugees continue to face real challenges finding work. The unemployment rate for refugees has consistently been the highest among all…

Many Canadians regret retiring, try re-entering the workforce

CIBC poll says too many people approach retirement without a plan

Many Canadians regret retiring, try re-entering the workforceWhen is the right time to retire? As many Canadians get to the age where they’re contemplating their next steps in life, a new CIBC poll indicates 27 per cent of retired Canadians regret retiring and an almost equal number – 23 per cent – have tried re-entering the labour market. The poll, which was…

Legislation to ensure pay equity for work of equal value falls flat

Only a free market will balance out pay inequities. If a company fails to compensate fairly, employees will simply move on

Legislation to ensure pay equity for work of equal value falls flatFrom conception to implementation, pay equity is a sham. It’s obscured in double speak, packaged in seemingly laudable goals and promises great results. However, it can’t deliver them because it’s based on false premises. Any good that comes of it is far outweighed by the harm. That’s why Canadians should be wary of any legislation…

Entry wages of immigrant tax filers in Canada on the rise

The wages of immigrants increase with the number of years spent in Canada across all admission categories: StatsCan

Entry wages of immigrant tax filers in Canada on the riseStatistics Canada reported on Monday that immigrants admitted to Canada in 2015 earned the highest entry wages of any cohort admitted since 1981. The federal agency said the median entry wages of immigrant tax filers admitted in 2015 was $25,400 in 2016, with the previous high $24,800 for those admitted in 2014. Median entry wages…
1 2 3