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Erin Weir
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Average Weekly Earnings: Wages vs. Hours & Salaries
Today, Statistics Canada reported a seemingly impressive monthly rise of 0.9% in average weekly earnings, from $906.24 in April to $914.68 in May. Digging a bit deeper reveals that…
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PotashCorp Reports Inadequate Royalties
PotashCorp reported today that it paid $81 million of “provincial mining and other taxes” on $975 million of potash sales in the second quarter of 2013. In…
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Inflation Eats Up More Than Half of Wage Gains
Today, Statistics Canada reported an inflation rate of 1.2% for June, validating the Bank of Canada’s recent decision to keep interest rates low for the foreseeable future. The rationale…
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EI Benefits Falling Faster Than Unemployment
Statistics Canada reported today that 12,290 fewer Canadians received Employment Insurance (EI) benefits in May compared to April. EI benefits are shrinking far faster than unemployment. In…
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Last Week’s Job Numbers and the Perils of Punditry
Last week, Statistics Canada released an article on changing labour market conditions for young workers since the 1980s and its monthly Labour Force Survey for June. Thursday’s article found…
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The Great Wall Ties Chairman Calvert’s Five-Year Plan
The CCPA has released my policy brief (PDF) on Saskatchewan employment growth. It generated front-page coverage in today’s Saskatoon StarPhoenix and Regina Leader-Post business sections as well as this snazzy online infographic.…
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SaskNotes: The Great Wall Ties Chairman Calvert’s Five-Year Plan
Employment Growth in the New Saskatchewan Download 390.61 KB5 pages Is the Wall government playing a shell game with provincial employment numbers? The government regularly…
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More Dead Money
The sector and financial-flow accounts released with today’s GDP figures indicate an expansion of the pool of dead money flagged by this blog and by Mark Carney. The National Balance…
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Raising Saskatchewan’s Minimum Wage
Saskatchewan Federation of Labour president Larry Hubich and I have the following joint op-ed in today’s Regina Leader-Post (page A10). It’s been fourteen years since I first wrote into The Leader-Post advocating…
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Broadening the Bank of Canada’s Mandate
Yesterday, Mike Moffatt took to The Globe and Mail’s “Economy Lab” in response to my suggestion that the Bank of Canada should moderate the exchange rate. My rebuttal of Mike’s…
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No Vale on the Plains?
I had the following comments in yesterday’s front-page story on Vale’s decision to postpone its proposed $3-billion potash mine at Kronau, Saskatchewan: Regina economist Erin Weir, who…
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Prices Decline Yet Again
Statistics Canada reported today that, for a third consecutive month, consumer prices declined and the inflation rate fell below 2%. In July, the inflation rate was 1.3%…
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