Bank of Canada determined to push the economy into a recession, no matter the impact on Canadians

Bank of Canada determined to push the economy into a recession, no matter the impact on Canadians

Bruske: Workers cannot keep paying the price the Bank of Canada is imposing. A recession would mean thousands of Canadians thrown out of work and downward pressure on wages. OTTAWA –– Today’s decision by the Bank of Canada to further raise interest rates will have devastating effects on the working people who drive our economy.  “With corporate profits at an all-time…

New report urges rate hike pause to save workers’ jobs

An economic report from the Canadian Labour Congress and the Centre for Future Work proposes alternatives to a monetary policy-induced recession OTTAWA – A new economic report outlining the risks of the Bank of Canada’s single-minded pursuit of Canada’s inflation target through higher interest rates was released today by the Canadian Labour Congress (CLC) and the Centre for Future Work.…

National Day for Truth and Reconciliation: A day for meaningful action and solidarity

Canada’s unions are calling on the federal government to mark the National Day for Truth and Reconciliation by taking concrete action toward reconciliation with Indigenous peoples. We are also encouraging Canadians – particularly those who have most benefitted from colonialism – to take the time to learn about Canada’s colonial past and to take meaningful action towards supporting Indigenous communities…

Grocery greedflation leaves families paying more for food

Bruske: Corporate concentration drives up food prices as a few companies occupy an outsized market share OTTAWA––As Canadian families struggle to afford their grocery bill and as profits for grocery chains grow, Canada’s unions are calling on governments to take action on greedflation and the role it has played fuelling the ongoing inflation crisis. “Rising prices on family essentials is…

Statement by Bea Bruske: We must work to avoid a recession that would put many working families at risk

Bea Bruske, President of the Canadian Labour Congress, released the following statement after meeting between the Bank of Canada Governor and a delegation of representatives of the labour movement: “Canada’s unions were pleased to have the opportunity to meet with the Governor and Deputy Governors from the Bank of Canada and brief them on the realities facing workers and their…

Parliament must act urgently to make sure workers aren’t left behind

Bruske: MPs must extend temporary help to unemployed workers and act swiftly to permanently fix Canada’s broken EI system. OTTAWA – Canada’s unions are urging members of Parliament to stand up for workers and their families by acting urgently to extend temporary Employment Insurance rules until a permanent fix can be implemented. “Unless MPs and the government take action this…

Politicians must put aside the rhetoric and fix the affordability crisis

Bruske: MPs must work together to help families in need and clamp down on corporate greed OTTAWA – As Parliament reconvenes this week, Canada’s unions are urging Members of Parliament to put aside glib rhetoric and work together to provide relief for those who need it most amid the ongoing affordability crisis. Today’s inflation numbers showed that while CPI has…

Equal pay for work of equal value: it’s long past the time for employers and governments to get it right on pay equity

Canada’s unions are calling on governments around the world, at all levels, to take urgent action on pay equity. This includes addressing pay disparities in jobs dominated by women, like the care sector, and lessening the burden of unpaid care that is disproportionately shouldered by women around the world. “The global care economy is in crisis. Here in Canada, underfunding,…

Rising interest rates mean families suffer another hit in the pocketbook

Bruske: With Parliament set to return, decision makers must put Main Street, not Bay Street, first OTTAWA –– Today’s latest rate hike on top of the ongoing inflation crisis means more struggling families are facing an ever‑tightening financial squeeze. Bea Bruske, President of the Canadian Labour Congress, said with the House of Commons returning in less than two weeks, it…

Progress towards a world of work free of violence and harassment

Bruske: Now we must turn to the hard work of implementing this landmark international agreement to better protect workers OTTAWA––Canada’s unions welcome today’s announcement by the federal government that they will finally live up to their commitment to ratify the International Labour Organization Convention no. 190 (C-190) on Violence and Harassment. “We are happy to see Labour Minister Seamus O’Regan’s…