Bank of Canada Governor criticized for suggesting youth pursue unpaid work

November 6, 2014

The Governor of the Bank of Canada is facing criticism after suggesting that unemployed young people should take on unpaid internships or volunteer experiences as a way to acquire experience. Stephen Poloz advised young people to “get some real-life experience even though you’re discouraged, even if it’s for free. If your parents are letting you live in the basement, you might as well go out and do something for free to put the experience on your CV.” Clea Seaborn, President of the Canadian Intern Association, described Poloz’s comments as “extremely problematic … Mr Poloz’s comments seem to suggest that all young people are extremely inexperienced and live in their parents’ basement and don’t have anything to contribute to the workforce.” Poloz also told a House of Commons committee that hiring in Canada has not kept up with the improving economy, but that it should catch up over the next 2 years. Toronto Star | CBC News