Jim Stanford, chief economist at Unifor, the union representing Canadian auto workers, says
Canadian labour costs are on par with other developed nations, and points out we've better productivity rates and a higher quality workforce than the U.S.
By and large, those jobs didn't migrate across the Pacific, but instead crossed the border south to the US, as the loonie's soaring value made
Canadian labour costs uncompetitive.
Not exact matches
A superficial analysis might point to
Canadian government investment incentives and
labour costs, relative to those in parts of the U.S. and in certain emerging economies.
Perhaps most important, an increased focus on innovation could also counter the relatively high
cost of
Canadian labour and the impact of the more valuable dollar on export levels.
The wide majority agree some
Canadian firms take advantage of the temporary foreign worker program to reduce
labour costs (70 %).
A commodities boom has driven the
Canadian dollar from a 62 cents US low up to parity, vaporizing any
labour cost advantage we previously enjoyed over the U.S. and changing the structure of the economy; at the margin, a
Canadian worker adds far more to our economy by extracting resources than by building cars.
Whatever is the current cause of the rise of prices in the housing market, when computed as the mortgage
cost in
labour time in terms of the average weekly salary, residential properties, with the exception of the 1988 - 1991 period, are now clearly less affordable for middle - class
Canadians than they were for the last five decades.
U.S. talks this year closed the gap between
Canadian and U.S. workers, raising wages south of the border while the
Canadian dollar lowered
labour costs in Canada.
U.S. softwood lumber production is on the rise, with more
Canadian - owned sawmills located in the U.S. than in Canada due to lower
labour costs, higher timber availability, and higher demand.
The U.S. Bureau of Labor Statistics has just released a comparison of manufacturing output, employment, productivity, and unit
labour costs in 16 different industrialized countries. Here's the link: http://www.bls.gov/news.release/pdf/prod4.pdf This data confirms that Canada's manufacturing industry is in the midst of a uniquely terrible crisis. Some commentators have suggested that the sharp decline in
Canadian -LSB-...]
Each allows
Canadians to profit from the high exchange rate on the loonie, plus low local
labour costs, without sacrificing access to Western - style amenities.
The Great White North Franchisee Association, which represents half of
Canadian Tim Hortons franchisees, said the minimum wage hike and other changes to the province's
labour laws will
cost the average franchisee $ 243,889 a year.
The
Canadian Labour Congress generously offered to cover the
cost of an overnight stay in Ottawa for the injured workers travelling from afar to be at the Monday morning hearing.
Thanks are due to Injured Workers Consultants, a community legal clinic based in Toronto, that organized the participation of so many injured workers, the
Canadian Labour Congress for helping finance the travel
costs of many of the injured workers and last, but not least, to ARCH, the legal clinic that represented ONIWG at the Supreme Court.
Fred Headon, president of the
Canadian Bar Association and assistant general counsel of
labour and employment at Air Canada, says it's the
costs that will be the impetus for change.
While surviving the declined
labour productivity in the last two quarters, the first quarter statistics revealed a modest but hopeful increase by 0.3 % for
Canadian businesses, with a decrease in
costs by 1.8 %, attributed in some way to the slight, but slowed growth in hourly compensation.
Notably though, the real GDP has experienced slight improvement, growing 1.7 % in the first quarter and the
labour costs per unit of production, for
Canadian businesses, rose by 0.8 % (in
Canadian dollars).