Southern Alberta Council on Public Affairs (SACPA)
In what way are Minimum Wage Increases and Changes to the Provincial Labour Code likely to affect Alberta’s Economy? (Part 2 Q&A)
- Autor: Podcast
- Narrador: Podcast
- Editor: Podcast
- Duración: 0:31:36
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Sinopsis
Alberta’s minimum wage increased to $13.60 on Oct 1, 2017 and is scheduled for a further hike to $15 on Oct 1, 2018. As well, thanks to recent changes to the provincial Labour Code, it will now be a little easier for workers to exercise their constitutional right to join a union and bargain collectively with their employers. What will that mean for Alberta businesses and workers? Arguably, the people who light their hair on fire about unions are the same ones who said tax cuts for the rich would bring prosperity for everyone (instead, they brought rising inequality); that budget cuts could end recessions (instead, they ended up making them worse); and that de-regulation would strengthen the economy (instead, it brought us things like the global financial crisis of 2008). It can be said too that the process of collective bargaining between workers and employers is good for both workers and the economy. The International Monetary Fund, the World Bank and the OECD have all concluded that jurisdictions who su