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Liberal Party of Canada sets March 9 for selection of leader to replace Trudeau

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3 minute read

From LifeSiteNews

By Anthony Murdoch

Transportation Minister Anita Anand, Foreign Affairs Minister Mélanie Joly and new Finance Minister Dominic LeBlanc have said they will not run, but globalist-linked banker Mark Carney announced that he will vie for the Liberal leadership campaign.

The Liberal Party of Canada will choose its next leader, who will automatically become Prime Minister, on March 9.

In a announcement last week, the Liberal Party said that anyone who wants to join the leadership race must do so by January 23 but must pay a $350,000 entrance fee.

Anyone who wants to vote in the party leader election must be an official member no later than January 27.

It was previously reported that party membership was open to non-citizens living in Canada. This is still the case, but the party has tightened the rules somewhat. Now, to be a member of the Liberal Party, one must be over age 14 and be either a citizen or a permanent resident living in Canada. Also, anyone holding a membership in any other federal party cannot be a Liberal Party member.

The leadership race is now gearing up after Prime Minister Justin Trudeau announced he would resign.

Thus far, some high-profile current Liberal cabinet ministers such as Transportation Minister Anita Anand, Foreign Affairs Minister Mélanie Joly and new Finance Minister Dominic LeBlanc have said they will not run for party leadership.

Globalist-linked banker Mark Carney announced Thursday at a news conference, which independent media were banned from attending, that he will run for the Liberal leadership campaign.

In early January, Trudeau announced that he plans to step down as Liberal Party leader once a new leader has been chosen. He was approved by Governor General Mary Simon to prorogue parliament until March 24. This means he is still serving as prime minister, but all parliamentary business has been stopped.

In all likelihood, once parliament resumes, the Liberal Party, with a new PM in tow, will fall in a non-confidence vote as all opposition parties have promised to bring down the government. This will trigger an election, with all polls pointing to the Conservative Party under Pierre Poilievre winning in a landslide.

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Business

Do Minimum Wage Laws Accomplish Anything?

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The Audit

David Clinton

All the smart people tell us that, one way or another, increasing the minimum wage will change society. Proponents claim raising pay at the low end of the economy will help low-income working families survive in hyper-expensive communities. Opponents claim that artificially increasing employment costs will either drive employers towards adopting innovative automation integrations or to shut down their businesses altogether. Either way, goes the anti-intervention narrative, there will be fewer jobs available.

Well, what’ll it be? Canadian provinces have been experimenting with minimum wage laws for many years. And since 2021, the federal government has imposed its own rate for employees of all federally regulated industries. There should be plenty of good data out there by now indicating who was right.

The Audit is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Historical records on provincial rates going back decades is available from Statistics Canada. For this research, I used data starting in 2011. Since new rates often come into effect mid-year, I only applied a year’s latest rate to the start of the following year. 2022 itself, for simplicity, was measured by the new federal rate, with the exception of British Columbia who’s rate was $0.10 higher than the federal rate.

My goal was to look for evidence that increasing statutory wage rates impacted these areas:

  • Earnings among workers in full-service restaurants
  • Operating profit margins for full-service restaurants
  • Total numbers of active businesses in the accommodation and food services industries

I chose to focus on the food service industry because it’s particularly dependent on low-wage workers and particularly sensitive to labour costs. Outcomes here should tell us a lot about the impact such government policies are having.

Restaurant worker income is reported as total numbers. In other words, we can see how much all of, say, Manitoba’s workers combined took home in a given year. For those numbers to make sense, I adjusted them using overall provincial populations.

Income in British Columbia and PEI showed a strong correlation to increasing minimum wages. Interestingly, BC has consistently had the highest of all provinces’ minimum wage while PEI’s has mostly hung around the middle of the pack. Besides a weak negative correlation in Saskatchewan, there was no indication that income in other provinces either dropped or grew in sync with increases to the minimum wage.

Nation-wide, by weighting results by population numbers, we got a Pearson coefficient 0.30. That means it’s unlikely that wage rate changes had any impact on take-home income.

Did increases harm restaurants? It doesn’t look like it. I used data measuring active employer businesses in the accommodation and food services industries. No provinces showed any impact on business startups and exits that could be connected to minimum wage laws. Overall, Canada’s coefficient value was 0.29 – again a very weak positive relationship.

So restaurants haven’t been collapsing at epic, extinction-level rates. But do government minimums cause a reduction in their operating profit margins? Apparently not. If anything, they’ve become more profitable!

The nation-wide coefficient between minimum wages and restaurant profitability was 0.88 – suggesting a strong correlation. But how could that be happening? Don’t labour costs make up a major chunk of food service operating expenses? Here are a few possible explanations:

  • Perhaps many restaurants respond to rising costs by increasing their menu prices. This can work out well if market demand turns out to be relatively inelastic and people continue eating out despite higher prices.
  • Higher wages might lead to lower employee turnover, reducing hiring and training costs.
  • A higher minimum wage boosts worker incomes, leading to more disposable income in the economy. Although the flip-side is that we can’t see strong evidence of higher worker income.
  • Higher wages can force unprofitable, inefficient restaurants to close, leaving stronger businesses with higher market share.

In any case, my big-picture verdict on government intervention into private sector wage rates is: thanks but don’t bother. All that effort doesn’t seem to have improved actual incomes on a population scale. At the same time, it also hasn’t driven industries with workers at the low-end of the pay scale to devastating collapse.

But I’m sure it has taken up enormous amounts of public service time and resources that could undoubtedly have been more gainfully spent elsewhere. More important, as the economist Alex Tabarrok recently pointed out, minimum wage laws have been shown to reduce employment for the disabled and measurably increase both consumer prices and workplace injuries.

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Business

Exposing Global Affairs Canada’s crazy spending spree

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From the Canadian Taxpayers Association

By Franco Terrazzano

$1,700 on Lesbian Pirates! musical $3,900 for a “frank discussion” of “how to do a proper land acknowledgment” Millions on vacant land in Africa and properties in Afghanistan we abandoned to the Taliban $7,500 to promote DEI at music festival in Estonia $12,000 so seniors in other countries could talk about their sex lives $7.2 million for “gender-responsive systems approach to universal healthcare in the Philippines” $13,000 for an Oscars party in LA $8,800 for a show called “whose jizz is this” And so much more…

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