A rule of thumb when assessing any announcement by Prime Minister Mark Carney is to look for the fine print.
It doesn’t matter if it’s the deal to open the Gordie Howe bridge, negotiations around the sale of the Stellantis plant or the budget; the devil is always in the details.
Look at what Carney used to think about TFW’s
Don’t let temporary foreign workers drive down wages: Carney
OTTAWA—Bank of Canada Governor Mark Carney warned the federal government not to allow temporary foreign workers to take jobs away from Canadians or drive down wages.
“One doesn’t want an over-reliance on temporary foreign workers for lower-skilled jobs,” the head of the central bank told the Commons finance committee.
Relying too much on temporary employees from abroad distorts wage adjustments that lead to Canadians getting better pay and delays changes that make companies more efficient, Carney said.
