labour supply

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Federal government’s ‘fudget budget’ relies on fanciful assumptions of productivity growth

From 2015 to 2023, omitting 2020 due to COVID, labour productivity has declined by an average of 0.8 per cent annually.

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Federal budget fails to ‘break the glass’ on Canada’s economic growth crisis

Per-person GDP, a common indicator of living standards, now sits below where it was at the end of 2014.

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AI unlikely to trigger an employment apocalypse

Research finds that AI will increase labour productivity and boost global economic output by 5 to 7 per cent.

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There’s no ‘labour shortage’ just a surplus of bad government policies

Private employers unable to compete with government-sector wages endure longer-lasting vacancies.

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Policymakers should protect workers and discourage unionization

Unions raise wages by limiting the supply of labour.

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Artificial Intelligence will kill jobs—and create them

The extent and urgency of educating and training workers should not be overestimated.

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Don’t believe doomsday predictions about a ‘tech-driven’ employment apocalypse

In 1921, agriculture accounted for nearly one-third of all employment in Canada compared to two per cent by the early 21st century.

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Labour participation and job creation rates tell untold tale of Canadian economy

Canada’s employment rate has steadily declined since December 2017—from 62.0 per cent to 61.5 per cent.

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Imagine a world where your car insurance company charges everybody the same premium; the premium doesn’t depend on your driving record or the number of claims you make. Nor does the premium depend on your age or other characteristics that increase your risk of getting into an accident.

Such a system seems absurd because it benefits bad drivers at the expense of good drivers. But this is exactly how Canada’s employment insurance (EI) program operates.