Quote:
Originally Posted by CaramonLS
How much does the average Grocery bill or Big Mac cost in Fort McMurray because the wages are higher? The answer is not much more than in Calgary.
Just because you increase the wages by a certain percent, doesn't mean the cost of the good increases by the exact same percent.
Take Walmart for instance. A store like Walmart typically runs a total wage cost % of 10% in a single store.
If total wage costs increased to 15% (a 50% salary increase to all Walmart employees at that facility), the cost of Walmart goods to meet their previous profit margins would only have to increase by 5% to have the same ratios.
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Agree, but whatever the cost of a head of lettuce, unionized agricultural workers will increase the cost of agricultural products. In a country where 2/3rds of the population has less than $1000 that is a big deal.
The Republican party is aggressive towards both unions and illegal migrant labour. It is a paradox in my view.