Human Resources and Labour Relations Review

Decoupled: Wages and CPI are on a break from one another.

09.05.2021 - By Sam KemblePlay

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With CPI trending between 3.1% and 3.7%, are wages following suit? The answer is no. CPI is inflated due to disruption in energy transition, increased government spending and cash injections from the Bank of Canada, and pandemic shifts, all of which increase the risk for employers and do not translate to job creators being able to afford increased wages for their employees.

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