Dany Brouillette - Bank Publications - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T08:32:22+00:00The Impacts of Minimum Wage Increases on the Canadian Economy
https://www.bankofcanada.ca/2017/12/staff-analytical-note-2017-26/
This note reviews the channels through which scheduled minimum wage increases over the coming years may affect Canadian economic activity and inflation and assesses their macroeconomic impacts. From reduced-form estimates of direct minimum wage pass-through, we find that consumer price index (CPI) inflation could be boosted by about 0.1 percentage point (pp) on average in 2018.2017-12-29T09:40:59+00:00enThe Impacts of Minimum Wage Increases on the Canadian Economy2017-12-29