Wages hike forecast for next year
The Conference Board of Canada predicts that we’ll all have a little more money in our pockets in 2015. Their latest report on wage outlook suggests that increases will be slightly above inflation with non-unionized staff receiving an extra 2.9 per cent and those in a union picking up 2 per cent more. Inflation is expected to be 1.9 per cent. With additional benefits for many tax payers as a result of government income-splitting rules announced yesterday it should add a little extra confidence to consumers.