Traduction de «cause de l'inflation » (Français → Anglais) :

29. Considers that depressing wages and forcing Europe’s workers to undercut each others salaries will trigger deflation, reduce purchasing power and internal demand and increase the risk that the economy will fall back into recession; insists on the need to establish effective wage floors at the bottom of the labour markets (minimum wages, additionally the concept of a living wage), the implementation of the principle of equal treatment and equal pay for equal work or work of equal value at the same workplace and allowing for upward wage developments compensating inflation, productivity increases and a strong re-distribution component; ...[+++]

17. Considers that depressing wages and forcing Europe's workers to undercut each others salaries will trigger deflation, reduce purchasing power and internal demand and increase the risk that the economy will fall back into recession; insists on the need to establish effective wage floors at the bottom of the labour markets (minimum wages, additionally the concept of a living wage) and also at the top (maximum wage ceilings of e.g. 20 times the average wage), the implementation of the principle of equal treatment and equal pay for equal work or work of equal value at the same workplace and allowing for upward wage developments compensating inflation, producti ...[+++]vity increases and a strong re-distribution component;

Honourable senators, given that statement, given the action of the Bank of Canada in raising interest rates when the rate of inflation has dropped, and given Mr. Martin's support of that action, which policy is the government pursuing with regard to the numbers of people it is prepared to see unemployed in order to fight this virtual-reality dragon of inflation?

If Canada's interest rates are what they are today, it is partly because of the debt, but also because confidence in the Canadian dollar has been shaken by our inflation-fighting policy (1350) I am not saying that it would have been better not to do anything about inflation.

In that situation prices became inflated, labour was tight and Dutch manufacturing had a dreadful time, just like Ontario and Quebec manufacturing is having now, as well as farmers.

Also, the federal government itself is subject to purchasing power erosion by inflation because we pay salaries to our employees and we pay increased prices due to inflation for our goods and services.