Trudeau Economy: Wage Growth Keeps Falling Below Inflation, Making Canadian Workers Poorer

How can the Trudeau government and elitist establishment expect us to believe the economy isn’t in trouble?

The latest jobs report (if we can even trust Stats Canada numbers anymore), is the latest in a long line of evidence showing the weakening of our economy.

The unemployment rate – which is mostly a fraudulent stat since it doesn’t include people who have given up looking for work – stayed at 5.6%.

But the real issue is with wages.

Wage growth for permanent workers was reported as 1.49%, far below the rate of inflation.

What this means is that Canadian workers are actually getting poorer in real terms, as increases in wages aren’t keeping up with the rising cost of living.

And behind the top-line numbers, Canada lost 18,900 full-time jobs.

As we’ve all seen, good, secure jobs are less and less available, while precarious work is on the rise. Amid all of this, the Trudeau government is slamming Canadian families and businesses with the carbon tax, and rapidly increasing immigration levels, which reduces the bargaining power of workers.

It’s all adding up to a weakening economy where Canadians are getting poorer and prosperity gets farther and farther away.

Spencer Fernando

Photo – Twitter


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