The biggest mistake most small business owners make

We need to develop systems of hiring and monitoring our employees to ensure we have the right people

The biggest mistake most small business owners makeBob was frustrated, stressed and upset. One of his key employees, Keith, had just left to start his own business and had taken another staff member with him. I wasn’t surprised. I’d been working with Bob for several months and had met Keith several times. My impression wasn’t favourable and I had discussed this with…

Why economists can’t endorse minimum wage hikes

Economists believe that raising the price of low-skilled labour just eliminates many of those jobs

Why economists can’t endorse minimum wage hikesRaising the minimum wage is a popular policy among voters. But economists dispute the value of such a raise. Why the discrepancy? Recent polls from Ontario found strong support for the province’s minimum wage hike. And in the United States, a Pew Research poll in 2016 showed that by a margin of 52 per cent…

More needs to be done to help refugees find work

By 2034, newcomers to Canada will account for 100% of our population growth and an increasing proportion of our workforce

More needs to be done to help refugees find workIKEA Canada’s recent commitment to hiring 250 refugees in the next three years is welcome news indeed. Newcomer unemployment in Canada overall was at its lowest rate in more than a decade in 2017, but refugees continue to face real challenges finding work. The unemployment rate for refugees has consistently been the highest among all…

Many Canadians regret retiring, try re-entering the workforce

CIBC poll says too many people approach retirement without a plan

Many Canadians regret retiring, try re-entering the workforceWhen is the right time to retire? As many Canadians get to the age where they’re contemplating their next steps in life, a new CIBC poll indicates 27 per cent of retired Canadians regret retiring and an almost equal number – 23 per cent – have tried re-entering the labour market. The poll, which was…

Legislation to ensure pay equity for work of equal value falls flat

Only a free market will balance out pay inequities. If a company fails to compensate fairly, employees will simply move on

Legislation to ensure pay equity for work of equal value falls flatFrom conception to implementation, pay equity is a sham. It’s obscured in double speak, packaged in seemingly laudable goals and promises great results. However, it can’t deliver them because it’s based on false premises. Any good that comes of it is far outweighed by the harm. That’s why Canadians should be wary of any legislation…

Entry wages of immigrant tax filers in Canada on the rise

The wages of immigrants increase with the number of years spent in Canada across all admission categories: StatsCan

Entry wages of immigrant tax filers in Canada on the riseStatistics Canada reported on Monday that immigrants admitted to Canada in 2015 earned the highest entry wages of any cohort admitted since 1981. The federal agency said the median entry wages of immigrant tax filers admitted in 2015 was $25,400 in 2016, with the previous high $24,800 for those admitted in 2014. Median entry wages…

Are robots coming for your job?

Many employers are struggling to find workers for jobs that may soon be eliminated because of technology

Are robots coming for your job?Will robots soon be replacing humans across broad swaths of the labour market? Judging by headlines touting driverless cars, machine learning and the rapidly-growing digital economy, one is tempted to answer “Yes.” No one can doubt the sweeping effects of new technologies. Historically, tens of millions of jobs have been eliminated by successive waves of…

The first recorded strike occurred in Egypt in 1152 BC

During the reign of Pharaoh Rameses III, a small group of Egyptian royal tomb workers did the unthinkable

The first recorded strike occurred in Egypt in 1152 BCIn the seventh month of the 29th year of the reign of Pharaoh Rameses III – a date we know as November, 1152 BC – a small group of Egyptian royal tomb workers did the unthinkable. Fed up with shortages in the food rations that were their pay, they went on strike. Their extraordinary actions…

Bettman doesn’t belong in the Hockey Hall of Fame

Bettman’s biggest legacy to hockey fans is all the seasons he’s blighted by denying fans the game they love in labour stoppages

Bettman doesn’t belong in the Hockey Hall of FameOne of these people recognized at the Hockey Hall of Fame on Monday is not like the others: Martin St. Louis, Martin Brodeur, Willie O’Ree, Jayna Hefford, Alexander Yakushev, Gary Bettman. Hmm, wonder who? Most hockey fans – and this is all about the fans, right? – think the institution is about what happens on…

More education needed to prepare youth for jobs of today

A CFIB report recommends that high schools and post-secondary institutions collaborate with the business community

More education needed to prepare youth for jobs of todayA new report by the Canadian Federation of Independent Business says high schools don’t adequately prepare students for the jobs of today and that’s hurting small businesses in Canada, which are facing record-high job vacancy rates and ongoing labour shortages in certain sectors. At the same time, youth unemployment rates in Canada are much higher…