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Employment

Canadian Electricity Providers Say At Least 20,000 New Workers Needed By 2022 To Keep Country’s Power On

Posted in Communications, Employment, Finance, Industry Trends, Utility Management

Canadian Electricity Providers Say At Least 20,000 New Workers Needed By 2022 To Keep Country’s Power On

Workers under 25 account for fewer than one in 20 employees in the sector. Canada’s electricity providers say they need to appeal to a younger and more diverse workforce if they’re going to keep the country’s lights on. A new report on the industry’s labour needs from Electricity Human Resources Canada suggests at least 20,500 new workers will be needed in power plants and transmission systems before 2022. “It’s extremely critical,” said Michelle...

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Alberta campaign settles into early ‘grinding’ rhythm

Posted in Appointments, Communications, Employment, Finance, Health & Safety, Housing, Industry Trends, Newsworthy

Alberta campaign settles into early ‘grinding’ rhythm

It’s only Day 4 and the Alberta election campaign has already settled into a grinding rhythm as deliberate and relentless as a pile-driver with no off switch. The NDP has launched daily personal attacks against United Conservative leader Jason Kenney over his socially conservative background, a campaign Kenney has dubbed as “fear and smear” and part of “the politics of personal destruction.” But it’s not as if Kenney is campaigning on sunshine and rainbows. His rhetoric is at times filled with...

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BUDGET 2019 INCLUDES $10B OF NEW MONEY FOR RENTAL SUPPLY

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Employment, Finance, Health & Safety, Housing, Industry Trends, Newsworthy, Real Estate Law, Tax Law

BUDGET 2019 INCLUDES $10B OF NEW MONEY FOR RENTAL SUPPLY

In Budget 2019, tabled on March 19, the federal government announced an expansion of the Rental Construction Financing Initiative (“RCFI”) from $4B to $14B, over the remaining 9 year life of the National Housing Strategy (“NHS’). In a Budget clearly meant to address the issues of Millennials, the federal government has recognized the importance of increasing rental supply at close to new market rents. Another NHS program, the National Housing Co-Investment Fund (“NHCF”), demands affordability...

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‘The good times aren’t going to last forever’: What economists hope to see in budget 2019

Posted in Communications, Employment, Finance, Industry Trends, Newsworthy

‘The good times aren’t going to last forever’: What economists hope to see in budget 2019

Tomorrow, Finance Minister Bill Moreau will table his fourth and final budget ahead of the October federal election. Issues including competitiveness, housing affordability for young Canadians, pharmacare, skills training, and help for seniors are all topics the finance minister is expected to address. The state of the federal books will also be a key focus. Ahead of the 2015 election, Prime Minister Justin Trudeau campaigned on balancing the budget by this year. But Ottawa has since shifted...

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China promises U.S. that it will not manipulate its currency as sides near deal

Posted in Communications, Employment, Finance, Industry Trends, Newsworthy

China promises U.S. that it will not manipulate its currency as sides near deal

 A pending trade agreement between the United States and China could put few restrictions on Beijing’s control over the strength of its currency, potentially inflaming trade hawks in Congress and within the Trump administration itself. China’s control over the value of its currency has long been a major point of conflict between Beijing and the West, though the issue has faded in prominence in recent years. Lawmakers and officials in other countries have contended that Beijing has unfairly...

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Canadian labour market is off to its best start since 1981

Posted in Employment, Finance, Industry Trends, Newsworthy

Canadian labour market is off to its best start since 1981

Canada’s economy posted its second-straight surprise job surge, making the labor market a lone bright spot for an economy in the middle of a sharp slowdown. Employment increased by 55,900 in February, all full-time jobs, Statistics Canada said Friday in Ottawa, building on a 66,800 gain in January. The two-month gain is the best start to a year since 1981. Canada’s economy has added 290,000 jobs since August, the largest six-month increase since the early 2000s. The Canadian dollar jumped on...

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Premiers call for end to tariffs, reboot on Canada-U.S. relationship

Posted in Bylaws / Regulations, Communications, Employment, Finance, Industry Trends, Legislation, Newsworthy, Tax Law

Premiers call for end to tariffs, reboot on Canada-U.S. relationship

Three of Canada’s premiers brought an earnest, brass-tacks message to the U.S. national capital Friday: hit the reset button on one of the most important cross-border relationships in the world by ending American tariffs on steel and aluminum imports. Despite their conservative sensibilities, Ontario Premier Doug Ford, Saskatchewan’s Scott Moe and Blaine Higgs from New Brunswick may seem a disparate trio. But their styles — Moe’s analytical approach, the folksy charm of...

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Ottawa giving BlackBerry $40M for self-driving car development

Posted in Communications, Employment, Finance, Industry Trends, Newsworthy, Technology

Ottawa giving BlackBerry $40M for self-driving car development

The Liberal government is giving $40 million in federal money to BlackBerry to help the company develop self-driving car technologies. Prime Minister Justin Trudeau was in the Ottawa suburb of Kanata on Friday to announce the support for BlackBerry, the one-time smartphone leader that is now working on advanced software for autonomous vehicles. BlackBerry says its QNX software is already in tens of millions of cars, guiding systems related to driver assistance, hands-free features and...

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‘Unfinished business’: Trump’s tariffs hang over Canada after signing new NAFTA

Posted in Bylaws / Regulations, Communications, Employment, Finance, Industry Trends, Legislation, Newsworthy

‘Unfinished business’: Trump’s tariffs hang over Canada after signing new NAFTA

When Prime Minister Justin Trudeau signed the new North American Free Trade Agreement with U.S. President Donald Trump and outgoing Mexico president Enrique Peña Nieto on Nov. 30, he added one caveat on the milestone day. “Make no mistake, we will stand up for our workers and fight for their families and their communities,” Trudeau said at the time. “And Donald, it’s all the more reason why we need to keep working to remove the tariffs on steel and aluminum between our countries.”...

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Morneau Sees Canadian Expansion on Track Despite Headwinds

Posted in Appraisal, Bylaws / Regulations, CMHC, Communications, Development, Employment, Finance, Housing, Industry Trends, Legal, Legislation, Newsworthy

Morneau Sees Canadian Expansion on Track Despite Headwinds

Despite trade headwinds and an oil shock, Canada’s economy remains on track to grow this year and in the “forecastable future,” Finance Minister Bill Morneau said. Morneau, speaking in an interview Friday at the World Economic Forum in Davos, Switzerland, said a November shock in Canadian crude prices is negatively impact the nation’s economy, but private sector economists continue to anticipate the expansion will continue. “There are headwinds, I don’t want to dismiss that as a challenge, but...

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