RE:RE:RE:RE:RE:RE:RE:RE:RE:10 year US treasury yieldKelvin wrote: Yeah Cobalt, too much for me to try to normalize so that we can compare apples to apples. All that I know for sure is that my friends in Ontario said that minimum wage just went up to $16.75 per hour and people are complaining that it's still not enough to make ends meet. Some economists say that wage inflation will trigger even more inflation. Because of the months long time lag between cause and effect when it comes to economics then we'll see I guess.
When has minimum wage ever been enough to make ends meet? It is the LEAST amount of money someone can pay you for your time.
By any measure, there's far less people living in poverty in Canada today than at any point in time.