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Old Posted Dec 8, 2016, 1:35 AM
geotag277 geotag277 is offline
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Join Date: Nov 2013
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Quote:
Originally Posted by Procrastinational View Post
If they are having trouble hiring workers, then it simply means the carrot they are offering isn't big enough. If you can't get workers, you have to offer higher wages. It's fairly basic economics.

If paying the current market wage makes your business model unprofitable, then don't go into business.

Continuously adding temporary foreign workers so that wages don't have to rise doesn't benefit local residents.
It's a bit of a double edged sword in that, yes, bringing in TFW's does lower the wages for some sectors of the economy, but which sectors are actually using TFW's? Generally unskilled labour which acts as a bedrock of the basic service economy. Fast food, cleaning, restaurants, agriculture.

Canada generally has a problem with not enough workers to really power a diverse economy. If you raise the wages on these fundamental service sectors, yes, wages will increase, but you will also drive away businesses who will simply not be able to make the numbers work.

Immigration, and temporary foreign workers, are key tools to use to maintain the competitiveness of the Canadian market for business as well as for the Canadian economy to compete globally. While there have been TFW and immigration abuses, keeping wages low for certain low skilled "bedrock" services while ensuring that Canadian wages for higher skilled positions remain globally competitive - does have many advantages for the economy at large, and for many average everyday citizens.
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