Labour in ‘new normal’ of modest increases: Report

New economic reality is slow near-term growth and fiscal restraint: Conference Board
By Uyen Vu
|Canadian Labour Reporter|Last Updated: 01/14/2013

After a tumultuous year in labour relations, some are expecting unions and managers to head into a relatively full bargaining calendar in 2013 with realistic expectations and a willingness to work through issues.

Driving this spirit of pragmatism is the economic reality of slow near-term growth and fiscal restraint at all levels of government in the medium term, says the Conference Board of Canada in its report, Industrial Relations Outlook 2013: Embracing the “New Normal.”

“Coming out of the recession there was a lot of tension at the bargaining table about how quickly the economy would recover,” says Karla Thorpe, director of leadership and human resources research division at the Conference Board of Canada in Ottawa.