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Those who have studied economics will not be surprised at how Canadian companies do this. The law effectively makes it illegal for all Canadian companies to ope
by KorematsuFred 8y ago
Those who have studied economics will not be surprised at how Canadian companies do this. The law effectively makes it illegal for all Canadian companies to operate in Canada if they can not afford this 52 week leave. Pretty much like how minimum wage makes it illegal for low productivity individuals to work or be employed.
There is a definite cost to this which is paid for by the other employees,share-holders and economy in general. It also makes age an issue in hiring decisions and employers would be less willing to hire potential new parents. Secondly, people figure out clever ways to avoid this through contractual employees, outsourcing and other methods.
Without such law Canadian society would have been more rich, more innovative and ensured welfare of all in the society.