In the News

Canada – Weak job creation in Ontario, Quebec and Atlantic provinces is a big risk to the economy

Finance Minister Joe Oliver was warned in a meeting Monday with top Bay Street economists that Canadas economy is at risk unless there is more job creation in central and eastern Canada. Canada flag

One of those economists, Douglas Porter, chief economist at BMO Capital Markets, told reporters after their meeting with Oliver that Alberta alone has accounted for 80% of the entire countrys new jobs in the last year. Porter said current high oil prices will likely only worsen that concentration of job growth.

A healthier economy is one which would see steady job growth across different regions and different sectors, Porter said.

The meeting was part of the finance ministers annual budget planning cycle.

Chosen excerpts by Job Market Monitor. Read the whole story at Sun News : Weak central Canada a big risk to Canadas economy: Experts.

Discussion

3 thoughts on “Canada – Weak job creation in Ontario, Quebec and Atlantic provinces is a big risk to the economy

  1. conquerorprimeeducation's avatar

    Something big is happening when other countries start having unemployment issues. Every time I see information like this, I am amazed.

    Posted by Deidre M. Simpson | June 17, 2014, 12:45 pm

Trackbacks/Pingbacks

  1. Pingback: Canada – 6.8 unemployed people for every job vacancy in March | Job Market Monitor - June 17, 2014

Leave a comment

Jobs – Offres d’emploi – US & Canada (Eng. & Fr.)

The Most Popular Job Search Tools

Even More Objectives Statements to customize

Cover Letters – Tools, Tips and Free Cover Letter Templates for Microsoft Office

Follow Job Market Monitor on WordPress.com

Enter your email address to follow this blog and receive notifications of new posts by email.

Follow Job Market Monitor via Twitter

Categories

Archives