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Hmm curious but wouldn’t they also suppress wage growth for local Canadians as well?
by moneywoes 3y ago
Hmm curious but wouldn’t they also suppress wage growth for local Canadians as well?
- dkjaudyeqooe 3y agoNo, unless there is a worker shortage which would push up wages in the shorter term but reduce the number of jobs in the longer term as companies flee to countries that have available workers, or implement automation. Basically there isn't a fixed number of jobs. As you add people you need more jobs to provide goods and services for those extra people.
- bluefirebrand 3y agoNothing new there. Wage growth in Canada isn't just stagnant it's terminal.
- Fire-Dragon-DoL 3y agoYou haven't seen terminal wage growth yet. The salaries I looked at in Italy are the same of 10 years ago, within a 100€ (sometimes down!) Disclaimer: I did move to Canada from Italy, one of the reasons was the insanely low salaries for IT
- aprdm 3y agoCanada is the 2nd or 3rd country that pays more for SWE in the world, what are you talking about ?