this post was submitted on 04 Apr 2024
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[–] wise_pancake@lemmy.ca 13 points 6 months ago (1 children)

the Bank of Canada says lack of competition and mismatched job skills are hurting the economy.

I've been saying this for years. Canadian investors have no grit and we only invest in the oligopoly forces. Of course we're not productive, there's no demand from our markets to be productive.

Our wages are low and we ship all our smartest people to work in the US with our greedy shitty corporate culture. I know because I've been working for US companies, they pay triple domestic wages. When I apply for Canadian jobs they talk about those wages being unfair and unsustainable, but clearly they are sustainable, just not with their goals.

If I were PM I would steamroll our big corps and be fucking loud about it. I'd even let American companies in to compete for telcoms and banking so our industries would have to use their market advantage to hustle.

[–] LoamImprovement@beehaw.org 8 points 6 months ago

I mean, let's be clear, the U.S. isn't all that rosy either, wages tend to suck unless you're management or C-Suite and we get jerked around by employers with the lack of healthcare. We could use a steamrolling down here too.