how does don pittis remain employed? this is characteristic junk from him. he's reading the official unemployment rate, rather than the real one, which is still over 10%. removing workers from the market because they can't find a job doesn't mean that there's a deficit of them, it actually means that there's a tremendous surplus of them. in the current economy, you would actually expect that the pressures on wages would be downwards, which is what we're seeing.
http://www.cbc.ca/news/business/inflation-canada-outlook-1.4167888