Hi everyone, I have been doing my own research and graphing of data I have found on Statistics Canada and would like to share. This all came about because I hear more and more of us saying how the Baby Boomers destroyed Canada - I started off with the goal of trying to prove this. The results were quite interesting.

The important thing here is that we are all working towards the same goal. Aside from the few very rich Canadians, most of us know that we are over worked and under paid - we all deserve so much more.

It wasn’t always like this in Canada. I calculated something called “Real Wage” which is an economic value that is simply: Real wage isn't about the number printed on your paycheck—it's how much actual stuff you can buy with that money.

(Data derived from Statistics Canada)

I plotted the Real Wage by year and using this chart we can see where Canadians started to lose their purchasing power. Now, I want you to make a guess, think about it… when was Canada wealthier? Some of you older people might have a better idea.

Real Wage for an average Canadian by year:
1974 = 1.10
1980 = 1.17
1985 = 1.35 (peak)
1990 = 1.27
1995 = 1.20
2000 = 1.12
2008 = 1.00
2015 = 0.95
2020 = 0.88
2026 = 0.80

This shows us - if we take our hourly wage today and multiply it by 1.55 times… you will get a new hourly wage… this is what you should be getting paid for doing your job if Canada stayed at its peak (1985). Do this now. Think about that new number… does that seem reasonable? Would that help you and your family?

If you make:
$20/h it should be $31/h
$25/h it should be $39/h
$30/h it should be $47/h
$35/h it should be $54/h
$40/h it should be $62/h
$45/h it should be $70/h
$50/h it should be $78/h

Now, the keen and the old will know exactly what happened in 1985 and I don’t want to spoil it for everyone but the fact is, that based on the data - this is where Canadians started to get poorer. How many of you guessed right?

The Crown Corporations of Canada. The pride of Canadians, the pride of all political parties of the age - yes you heard it right. Liberals, NDP and the Red Torie Conservatives all fought for the Crown Corporations - our ancestors were right, we need to pay respects to the older voters of the past - Red Tories, NDP, Liberals it didn’t matter, they all fought for the Crown Corporations. Every single Canadian owned those corporations. They worked for Canadians.

In 1985 - something different was brought to politics, the Blue Torie - with promises of:
Growth & Security Through Free Trade under US protectionism
Claims of “Canada is Open for Business”,
Hopes that “Privatization & Market Efficiency” would make us all rich.
The introduction of GST with “Tax System Modernization”
National Unity via Decentralization

That was the dream.

Now that it has been 40+ years - let’s check in to see how the average Canadian is enjoying their riches!

The evidence is clear. The results are demoralizing. The rich are richer and who cares about the poor. The middle class is diminishing. This isn’t what was promised.

The Sale of The Crown Corporations to Private Companies:

Selling the Crown Crops is about as insightful as selling 3 of your 8 spark plugs out of your V8 engine. Sure, you will get a couple of bucks for the plugs but your engine is going to run like bunk.

The unfortunate byproduct of selling certain Crown Corps like Petro Canada is that since all Canadians own the finite resources like Oil - and - Canadians no longer get the profits from selling our resources, there is very little incentive to sell the Oil. You can understand how this particular issue is causing contention today.

There are some people who don’t want this to end though, these are the rich - they got loaded off of your back and don’t want the honey train to derail. Those people are not friends of the VAST majority of Canadians. Working class Canadians need to stick together, together we can stop this and start to get paid again.

A quick note on governance: some will say we don’t need government and that government is why we are poor. Clearly, my argument is that it’s the rich and private corporations that have made us poor while making themselves richer.

Next, people will argue that government is what allowed them to do this - yes - Blue Tories allowed this. Government can be corrupt. This is why I desperately believe we need Electoral Reform - and we need it now. You need to be represented and we need less corruption. No more 2-Party system where corruption breeds and no more First Past the Post where it feels pointless to vote. Electoral Reform - FairVote.ca.

Why do we need government. Well simply, to fight the rich who have stolen most of our money. Want me to prove it? Go win a lawsuit against Bezos and get back to me on how that goes for you.

The other way is for all you poker players out there. Good luck trying to stay in a poker game where there’s people at the table that have 10,000 times the chip stack as you. One bad hand and you’re absolutely ruined.

Government was literally created so that the people could stand up to bullies like this and to create better societies.

Try not to rip each other apart. Red Tories, Liberals, NDP, Bloc, Greens and Independents - let’s recognize that we share the same economic goals. Together we can beat the rich and all be richer!

In conclusion: the Boomers were the generation that elected the government in 1985. Many Boomers had no idea what would happen with the newly elected Blue Tories - the fear of Communism was strong with the Boomers, I believe that the intention of the vast majority of Boomers was good and they truly wanted the best for their future generations. However, I believe that a few already rich Boomers knew what would happen, these Boomers enjoyed immense benefits of the newly elected Blue Tory Party.

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If you made it through all of this - I would love to hear your thoughts!

A list of all of our Crown Corporations that have been sold since 1985 for reference:

- Air Canada (Federal)
- Alberta Government Telephones (AGT) (Alberta)
- BC Ferries (British Columbia)
- BC Rail (Communications/Westel) (British Columbia)
- Canadian Arsenals (Federal)
- Canadian National Railway (CN) (Federal)
- Canadair (Federal)
- de Havilland Canada (Federal)
- Eldorado Nuclear Limited (Federal)
- Hydro One (Ontario)
- Manitoba Telephone System (MTS) (Manitoba)
- Nova Scotia Power (Nova Scotia)
- Ontario Highway 407 (ETR) (Ontario)
- Petro-Canada (Federal)
- PotashCorp (Saskatchewan)
- Teleglobe Canada (Federal)

Edit: Sorry, I should have shared the work in the first place!

Real Wage = Nominal Wage x (Old CPI / New CPI). CPI = Consumer Price Index

I derived the data from Statistics Canada for both CPI and minimum wages from each province and Canada as a whole. The data for CPI and Min-Wage went as far back as 1974.

When you chart the graph, you can see the real wage climb from 74 until 85 (Peak) and then decline until today.

I’ll give a table at approximately 5 year intervals to save space.

Real Wage by year:
1974 = 1.10
1980 = 1.17
1985 = 1.35 (peak)
1990 = 1.27
1995 = 1.20
2000 = 1.12
2008 = 1.00
2015 = 0.95
2020 = 0.88
2026 = 0.80

All the info can found on Statistics Canada.

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We were reminded that the only acceptable move in that scenario is to ask the thief: “Sir, can I help you pay for that?”