What Canadians Should Understand About Ontario’s Minimum Wage Hike

The Impact of Ontario’s Minimum Wage Increase on the Canadian Economy Introduction On January 1st, 2018, Ontario implemented a significant increase in the minimum wage, raising it from $11.60 to $14 per hour, with further plans to reach $15 per hour in 2019. This move has sparked vigorous debates across the province and raised important […]

Canadian Economy Stalls in Second Quarter as Higher Interest Rates Bite

Rising Tensions between Employers and Employees on this Year’s Labour Day Introduction Labour Day, which is celebrated on the first Monday of September every year, traditionally marks a day of recognition and appreciation for the contributions of workers in Canada. However, this year’s observance of Labour Day arrives amidst rising tensions between employers and employees. […]

Canadian Inflation Surges to 3.3% in July: Experts Predict the Impact on the Economy

Canada’s Inflation Rate Rises to 3.3% in July: A Cause for Concern Canada’s economy is facing a new challenge as the country’s inflation rate surged to 3.3% in July, according to economists. This significant increase has alarmed experts, who warn of potential negative consequences for the Canadian economy and the Bank of Canada (BoC). The […]