SINGAPORE: Total wages in the private sector grew 4.2 per cent last year, after accounting for inflation, up from 3.2 per cent in 2017, the Ministry of Manpower (MOM) said on Wednesday (May 29).Nominal wages were up 4.6 per cent in 2018, a higher increase than the 3.8 per cent in 2017, according to the Report on Wage Practices 2018 released by MOM's Manpower Research and Statistics Department.The numbers, which included employer Central Provident Fund contributions, were obtained through a survey of about 5,300 private establishments, which employed 1.2 million people.Industries that registered the highest growth wage in 2018 were financial and insurance services (6.3 per cent), real estate services (5.0 per cent) and professional services (5.4 per cent). The report added that manufacturing, food and beverage services, and retail trade saw "similar or moderated wage growth"."The labour market performed better in 2018 compared to 2017, with strong … [Read more...] about Real wages in private sector up 4.2% in 2018
2018 ontario rent increase
By Chris Klimek Opinion Emile Therien Opinion Tues., May 14, 2019 The Ontario government is looking at raising the speed limit on 400-series highways to 120 km/h. Chris Klimek, founder and director of advocacy group stop100.ca, argues this is a good idea, while Emile Therien, public health and safety advocate insists it is not. Speed limits should be apolitical and set by trained engineers. Public feedback is best solicited by observing the actual speeds drivers drive, using an engineering speed study. Engineers conduct a speed study and determine the speed not exceeded by a supermajority of drivers, known as the 85th percentile. This engineering guideline has been used around the world to set safe speed limits for about 70 years — with stellar results. More than 60 countries and states around the world post 120- and 130-km/h speed limits on their divided highways. Article Continued Below My organization, stop100.ca, obtained two sets of data showing … [Read more...] about Should Ontario raise speed limits on major highways?
By Tess Kalinowski Real Estate Reporter Sun., May 12, 2019 Scarce and precarious. Toronto’s rental situation constitutes a state of emergency for frontline housing workers. But policy researcher Jeremy Withers says he is more angry than discouraged. A housing policy researcher, who is working on his PhD, Withers said other cities are doing a better job of creating affordable homes using policies like inclusionary zoning and non-profit ownership of buildings that would otherwise be bought up by predatory landlords. He helped organize a conference Saturday by the University of Toronto School of Cities designed to set the stage around the city’s next-decade housing policy called HousingTO 2020-2030, an action plan being formulated this year. The event was also about mobilizing activism, he said. It’s “an important moment” at the beginning of a new term of city council, for housing activists to grab the attention of new councillors … [Read more...] about Frontline housing workers feel squeeze of high rents, evictions
By Jennifer Pagliaro City Hall Bureau Tues., April 30, 2019 Mayors from 28 major municipalities across Ontario have blasted the province’s plan to cut public health funding, calling on them to put that decision on hold. “Big-city mayors from across Ontario are extremely concerned that the Government of Ontario is engaging in downloading by stealth — implementing funding and governance changes to municipalities without any consultation, after cities have already approved our budgets,” wrote Guelph Mayor Cam Guthrie in a statement released Tuesday. “Municipalities are being notified of these changes in a piecemeal fashion through letters to agencies, after municipal budgets have already been passed — giving no time or opportunity for Councils to find efficiencies or economies of scale.” Guthrie chairs the Large Urban Mayors’ Caucus of Ontario (LUMCO), which includes Toronto and Guelph as well as: Ajax, Barrie, … [Read more...] about Ontario mayors angered by public health cuts blast province for ‘downloading by stealth’
By Kelsey Johnson iPolitics Mon., April 29, 2019 The value of Canadian farmland continued its steady climb in 2018 — jumping in every province but two — although demand for land is softening, Canada’s leading agriculture lender says. In its annual Farmland Values Report, Farm Credit Canada (FCC) said the value of Canadian farmland jumped 6.6 per cent in 2018. The increase, according to FCC’s chief economist J. P. Gervais, was driven largely by strategic investments by producers and continued tight supplies. “Whether it means paying a higher price for land that has potential to be more productive or buying in blocks to improve the efficiency of their operations, producers are sharpening their pencils with an eye on variable commodity prices,” Gervais said. Quebec experienced the highest average increase at 8.3 per cent, although that jump was similar to increases seen in 2017 and 2016. Saskatchewan and Alberta both saw land … [Read more...] about Canadian farmland values jump again in 2018