After several months of modest gains, there were 30,000 fewer jobs in July, reports Statistics Canada. However, the news isn’t all bad. Despite the national job loss, there was still some growth—particularly within fulltime employment. “Yes, the unemployment rate is up a tenth of a point to 7.3% in July, but fulltime employment has actually […]
There were 155,000 new jobs in Canada in the first half of 2012. And the majority of these positions were high paying, finds CIBC. The number of full-time paid employees in petroleum and coal manufacturing, oil and gas extraction, heavy and civil engineering construction and transportation equipment manufacturing increased 1.6%, says Benjamin Tal, deputy chief […]
Most Canadians (82%) work to make a living, but will choose job security over a higher paycheque, says Randstad Canada. Additionally, three out of ten Canadian employees would quit their job if there was no further scope for personal development. Read: Roundtable: Juggling work and life When it comes to pay, two thirds (66%) of […]
Do you have any engineers or construction workers as clients? If so, tell them they can count themselves as lucky; even as employment rates have slowed in Canada—stalling in May after two months of gains—these two sectors were voted “most likely to succeed” and “most popular” by Canadians. So, while they may be worried about […]
When a client’s job security is on shaky ground, an advisor has to be prepared. This means helping their client get the best possible severance package and making sure they have enough money to safely tread water while searching for a new job.
Previous Brieflies this week: | MON | TUE | WED | THU | The Financial Planning Standards Council (FPSC) has received ISO 17024 accreditation by the Standards Council of Canada for its role as the credentialing organization for the CFP certification program in Canada. ISO 17024 is the standard for certifying bodies, and the FPSC […]
| North American markets | International markets | Bonds | Currency | Commodities | The Toronto stock market tumbled Thursday over another round of concerns about tightening credit in China and proposals to impose tougher regulations on U.S. banks. "We’ve run a big rally here," said Sid Mokhtari, market technician at CIBC World Markets. "We […]
People nearing retirement are in for busy times, but it won't just be making exotic travel plans or sinking holes-in-one. Instead, some will be re-entering the workplace, either full-time or part-time, and even reclaiming their old offices.