Wages in Canada are shrinking under the double damage of immigration and inflation, says a report by Bloomberg News.
“About 1.9 million [immigrant] newcomers entered the country in the five years through December … [so] workers, with fewer labor shortages acting as leverage, are scoring tiny wage increases — currently running at 2% on average — that leave them poorer after inflation of almost 5% is factored in,” says the November 21 report.
But in the United States, U.S. employers are being forced to pay higher wages because voters elected President Donald Trump and his pro-American lower-immigration policy in 2016, Bloomberg.com notes
