CRA has offered 9% over 3 years to its employees

CRA announced that it has presented to the Public Service Alliance of Canada – Union of Taxation Employees (PSAC-UTE) “a fair, competitive offer for wage increases,” namely “a 9% wage increase over three years.”

The PSAC-UTE doubtless is concerned that elevated inflation may prove to be more sticky than this offer implies. John Hussman in “Fabricated Fairy Tales and Section 2A” today expressed the view that the universal “understanding” that increases in the unemployment rate and recessions reduce the inflation rate is a “fairy tale” without empirical support.

CRA News Release, Canada Revenue Agency’s update on negotiations with the Public Service Alliance of Canada – Union of Taxation Employees, 21 April 2023.