In countries whose currencies have risen against the U.S. dollar, there’s “flow-through deflation” as imports get cheaper.
Other Topics
Twenty Canadian studies find that minimum wage hikes reduce employment opportunities for young workers.
Less business investment means lower productivity for workers, which means lower wages.
The effect of the sharply rising minimum wage has been sharply rising joblessness among Seattle’s low-wage workers.
In three of the world’s richest countries, average real wages are lower today than they were in 2010.
For every 10 per cent increase in the minimum wage, youth employment drops by three to six per cent.
Since 2003, manufacturing sales in Ontario have remained essentially unchanged yet increased by 20 per cent in B.C.
The market moves for millions of reasons having to do with the calculations of millions of people.
The government-owned chain is the only Ontario retailer to sell spirits.
The total number of low-wage jobs declined by 6.8 per cent.
Subscribe to the Fraser Institute
Get the latest news from the Fraser Institute on the latest research studies, news and events.