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- 1. The Labour Cost Index ArchivedJournals and periodicals: 71-586-XDescription:
This paper is a response to the requests of Canadian policy makers and researchers to develop a comprehensive index of total labour costs for the Canadian economy. This Labour Cost Index (LCI), which measures both wage and non-wage costs, would be free from the influence of employment shifts in industries and occupations.
This paper provides a review of the U.S. Employment Cost Index (ECI). The paper describes the LCI in general terms and compares this measure of labour cost with some other Canadian labour market indicators. The paper lists some of the uses and limitations of labour cost index based on the experiences of some other countries with such an index. The paper outlines the proposed plans and micro data model to be tested to develop a Canadian LCI. The major milestones and development issues are summarized in the paper.
Release date: 2001-08-24 - 2. Failing Concerns: Business Bankruptcy in Canada ArchivedJournals and periodicals: 61-525-XGeography: CanadaDescription:
Bankruptcy rates have been increasing in Canada. Almost half of the firms in Canada that go bankrupt do so primarily because of their own deficiencies rather than externally generated problems. They do not develop the basic internal strengths to survive. Overall weakness in management, combined with a lack of market for their product, cause these firms to fail.
This study suggests that the underlying factor contributing to financial difficulties is management failure rather than external factors associated with imperfect capital markets. Many bankrupt firms face problems in attaining financing in capital markets; but, it is the internal lack of managerial expertise in many of these firms that prevents exploration of different financing options.
Release date: 1998-04-01
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- 1. The Labour Cost Index ArchivedJournals and periodicals: 71-586-XDescription:
This paper is a response to the requests of Canadian policy makers and researchers to develop a comprehensive index of total labour costs for the Canadian economy. This Labour Cost Index (LCI), which measures both wage and non-wage costs, would be free from the influence of employment shifts in industries and occupations.
This paper provides a review of the U.S. Employment Cost Index (ECI). The paper describes the LCI in general terms and compares this measure of labour cost with some other Canadian labour market indicators. The paper lists some of the uses and limitations of labour cost index based on the experiences of some other countries with such an index. The paper outlines the proposed plans and micro data model to be tested to develop a Canadian LCI. The major milestones and development issues are summarized in the paper.
Release date: 2001-08-24 - 2. Failing Concerns: Business Bankruptcy in Canada ArchivedJournals and periodicals: 61-525-XGeography: CanadaDescription:
Bankruptcy rates have been increasing in Canada. Almost half of the firms in Canada that go bankrupt do so primarily because of their own deficiencies rather than externally generated problems. They do not develop the basic internal strengths to survive. Overall weakness in management, combined with a lack of market for their product, cause these firms to fail.
This study suggests that the underlying factor contributing to financial difficulties is management failure rather than external factors associated with imperfect capital markets. Many bankrupt firms face problems in attaining financing in capital markets; but, it is the internal lack of managerial expertise in many of these firms that prevents exploration of different financing options.
Release date: 1998-04-01
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