Prime Minister Trudeau earmarked millions of dollars for job-creation efforts.
employment
When labour regulations are overly restrictive, they impede the ability of employers and workers to adjust to changing economic conditions.
The new NDP government in Alberta has indicated that it will aggressively increase the province’s minimum wage from $10.20 to $15 per hour over the next three years.
The idea that we are trapped in a “new normal” of slow economic growth has gained currency with many analysts. Proponents list a number of factors allegedly restraining the trend of growth.
When Ontario Finance Minister Charles Sousa announced a budget update and a revised, lower forecast for provincial economic growth, it was yet another piece of evidence that Ontario’s economy is sluggish. But Ontario’s problems run deeper than just one fiscal update from one finance minister.
When French President Francois Hollande visited Canada recently, one hopes the Gallic leader looked around. If he did, he would have noticed a stark difference in the economic opportunities between the two countries with the advantages mostly on this side of the Atlantic.