CLC: Bank Of Canada’s Eighth Consecutive Rate Hike Means Workers Will Take Another HitOTTAWA, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Canada’s unions are disappointed by the central bank’s decision to continue with its monetary tightening. The Bank seems undeterred, despite more and more voices joining Canada’s unions in calling for a halt to its tightening cycle,” added Bruske. Soaring prices for everyday necessities are affecting everyone, while workers continue to see their wages fall further behind inflation. Canada’s unions have been urging the federal government to do its part to help families struggling with the affordability crisis. That’s why Canada’s unions have been sounding the alarm and demanding urgent reforms.
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