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October 27, 2017 3:39 pm

Little To Celebrate on Labour Day- Fraser Institute Report

Monday, September 4, 2017 @ 7:00 AM

Prince George, B.C. -While  the Labour Day  long weekend  sparks  events meant to celebrate the accomplishments of the labour force,  a new report  from the Fraser Institute  says Canadian workers  have little   reason to party compared to their American counterparts.

 The  report,  which  examined  the labour market performance  in all ten provinces and  all 50 U.S.  States, concluded,  Canada’s  labour force is under performing.

In fact,  not one Canadian province cracked the top  ten.

The study  looked at labour market performance  in 2014 through to  end of 2016 giving  points  in each of five factors, which included:

  • job creation
  • unemployment
  • worker productivity

Jurisdictions  ended up with a total score out of 100,  and the higher the score,  the higher the ranking.

Saskatchewan  got the highest total (59.8) putting it in 15th  place,  while British Columbia  settled in at 17th spot with  at total  of 58.9.

The reports authors, Charles Lammam and Hugh MacIntyre,  conclude there  are several reasons for the overall poor  performance,  saying federal and provincial  governments ” have generally not done the labour market any favours.  A series of policy choices have made Canada less attractive for investment, businesses, entrepreneurs and skilled workers.”   They say the policies  include “higher tax rates, rapid debt accumulation, soaring electricity costs (especially in Ontario), higher minimum wages and more stringent labour and environmental regulations.”


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