BC

In Alberta’s wine war with B.C., I’m siding with Australia

In Alberta’s wine war with B.C., I’m siding with Australia

If we privatized the wine industry then private sellers could devise their own marketing strategies and offer wines consumers wanted without government intervention.

Raising minimum wage the wrong policy to help the working poor

In reality, 88 per cent of minimum wage earners in Canada do not live in low-income households.

More scrutiny required on wages and benefits of government employees in B.C.

Government-sector workers in B.C. retire 2.5 years earlier, on average, than private-sector workers.
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Comparing Government and Private Sector Compensation in British Columbia

Main Conclusions

  • Using data on individual workers from January to December 2015, this report estimates the wage differential between the government and private sectors in British Columbia. It also evaluates four available non-wage benefits in an attempt to quantify compensation differences between the two sectors.
  • After controlling for such factors as gender, age, marital status, education, tenure, size of firm, type of job, industry, and occupation, British Columbia’s government sector workers (from the federal, provincial, and local governments) were found to enjoy a 7.4 percent wage premium, on average, over their private sector counterparts in 2015. When unionization status is factored into the analysis, the wage premium for the government sector declines to 4.2 percent.
  • The available data on non-wage benefits suggest that the government sector enjoys an advantage over the private sector. For example, 91.6 percent of government workers in British Columbia are covered by a registered pension plan, compared to 18.7 percent of private sector workers. Of those covered by a registered pension plan, 95.9 percent of government workers enjoyed a defined benefit pension compared to just under half (46.8 percent) of private sector workers.
  • In addition, government workers retire earlier than their private sector counterparts—about 2.5 years on average—and are much less likely to lose their jobs (3.0 percent in the private sector versus 0.4 percent in the public sector).
  • Moreover, full-time workers in the government sector lost more work time in 2015 for personal reasons (12.4 days on average) than their private sector counterparts (8.0 days).

Retroactive nature of new tax on foreign owners threatens rule of law, investment in B.C.

This tax will add roughly $140,000 to a typical Greater Vancouver real estate transaction.

Government workers in B.C. make more, receive better pensions, and retire earlier than private sector workers in similar positions

With declining energy prices and a vulnerable economy, the provincial and various municipal governments in British Columbia are facing important fiscal challenges. This warrants a sober review of government spending.
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