The Peak Daily

Luxury tax 🛩 â€” Uber strikes a deal with a Canadian union. The luxury tax is cancelling private jet and yacht orders. Apple’s rolling out a new point of sale solution.

Jan 28, 2022
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INSIGHT

Union Representation Without Reclassification

  • Uber struck a global-first agreement with UFCW Canada to provide representation for 100,000 drivers and couriers.
  • The deal keeps contractor status but creates regular meetings and a path toward minimum earnings and benefits.
INSIGHT

Contractor Status Limits Benefits

  • Canadian gig workers remain independent contractors and thus lack vacation pay and statutory benefits.
  • The UFCW-Uber pact is positioned as a starting point to push for minimum earnings and benefits without immediate reclassification.
INSIGHT

Luxury Tax Triggers Early Cancellations

  • Canada's proposed luxury tax (10–20%) targets high-end cars, aircraft and boats and aims to raise ~$150M annually.
  • Manufacturers report order cancellations that could ripple through suppliers and cost jobs in small-volume industries.
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