Indeed, both Canada’s participation rate and the employment/population ratio hit record high levels this year. Moreover, this rising employment/population ratio has helped to boost our standard of living, and is a reflection of just how well the labour market is functioning.
Newfoundland has also seen its aggregate  44  In the 1980s, on average, 32 per cent of private sector contracts contained COLA clauses. This fell to an average of 25 per cent over the 1990s.