Wages hike forecast for next year

The Conference Board of Canada predicts that we’ll all have a little more money in our pockets in 2015.

Their latest report on wage outlook suggests that increases will be slightly above inflation with non-unionized staff receiving an extra 2.9 per cent and those in a union picking up two per cent more. Inflation is expected to be 1.9 per cent.

With additional benefits for many tax payers as a result of government income-splitting rules announced yesterday it should add a little extra confidence to consumers. 

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