136
edits
Changes
mLine 404:
Line 404: + + + + + + + + +
→Labour
==== Labour ====
==== Labour ====
This sheet contains a list of employee classifications and their corresponding hourly wages. The source data from this list is from year 2021, but this is automatically inflated to the price year selected on the Initiatives sheet, so you don't really have to worry about that. If you enter a custom hourly wage at the bottom of the list, then you will have to specify the price year for the hourly wage you've entered. For example, if you found a report from 2019 that contains the hourly wage for an employee at a business that is affected by the regulation you're analyzing, you would select 2019 as the price year for the wage (just like how 2021 is specified for the wages from the Statistics Canada data).
Once you enter a custom wage on this sheet, it will appear on the drop-down menu for Labour: Staff Level (Hourly Wage without Overhead) on the Activities sheet. As mentioned above, you can also just enter custom hourly wages directly into the Activities sheet, in which case you don't have to enter anything on the Labour sheet.
==== CPI ====
==== CPI ====
This is the Consumer Price Index table from Statistics Canada, which is used in the RCC to deflate impact estimates to 2012 for the one-for-one section, and to inflate all other estimates to the price year specified on the Initiatives sheet.
There are several different forms of the Consumer Price Index, but the one used in the RCC is the annual average price level for All Goods. Because this is the <u>annual average</u> price level, it is only updated once the full year has elapsed, so the latest available value is always 1 year behind the current calendar year.
This table is updated once per year, usually mid-January. A new RCC will likely be updated every January to account for this update, but if you want to update an RCC you're working on the second the data becomes available, feel free to add a new row with the new price level yourself.
==== All ====
==== All ====
This is where the magic happens.
==== Controls ====
==== Controls ====
=== <big>'''TO BE CONTINUED . . .'''</big> ===
=== <big>'''TO BE CONTINUED . . .'''</big> ===