Alberta’s unemployment rate climbed to 8.6 per cent in July—the highest rate since 1994.
With Canada’s current unemployment rate of 7.1 per cent, there’s more slack in the Canadian labour market than in the U.S.
Study found that increasing the minimum wage reduced the employment rate among low-skilled workers by 5.6 percentage points.
There are times when a problem can be solved with a small fix and perhaps a little tinkering. And there are times when a big fix or fundamental reform is needed. Quebec’s government finances fall into the latter category.
Lost in the current flurry of Ontarios election campaign is the one key issue facing the province, and indeed all of Canada: Ontarios laggard economic performance is dragging down the national economy.