The labour market outcomes of recently arrived immigrants are often more negatively affected during recessions than those of the Canadian born. Entering the labour market during a recession may also result in “scarring” effects for both immigrants and Canadian-born workers. But the severity and characteristics of recessions vary significantly and may affect the outcomes of … Continue reading
We know the consequences of climate change. We know the causes, too. We even know what can be done to address it. This journey will require new approaches to sustainable finance, if we’re to generate the $2 trillion needed to finance the transition. Overall, capital is not in short supply. Investible projects, with reasonable returns, … Continue reading
The onset of the pandemic triggered 2.7 million job losses across industries. While Canada’s labour market recently showed signs of growth, there is also a rise in job vacancies as some workers re-evaluate their career goals and work-life values. According to Randstad Canada, 43% of working Canadians say they are likely to look for a … Continue reading
Career services represent an important way for Canadians to attain reliable and accurate labour market information (LMI), such as job opportunities, potential earnings and skill requirements, as well as a wide range of supports to support success in learning and work. Career services can range from helping people new to the job market understand different … Continue reading
Green Collar Jobs is the latest report in RBC Economics and Thought Leadership’s climate series, building from the team’s flagship report, The $2 Trillion Transition, which was launched in October 2021. This climate series is designed to inform and inspire Canadian prosperity, while advancing RBC’s ongoing commitment to speak up for smart climate solutions, a … Continue reading
L’emploi a diminué de 63 000 (-1,4 %) au Québec. Le taux de chômage est remonté de 4,7 % en décembre à 5,4 % en janvier. Pour l’ensemble du Canada, l’emploi a diminué de 200 000 (-1,0 %) en janvier, et le taux de chômage a augmenté de 0,5 point de pourcentage pour atteindre 6,5 %. Graphique 1 … Continue reading
Immigrants admitted as children participate in postsecondary education more often than the overall Canadian population, with those admitted at younger ages participating the most Participation in postsecondary education was relatively high for immigrants admitted to Canada before the age of 15. This observation is based on tax filers who were between the age of 18 … Continue reading
La nature du travail est en train de changer au Canada. Notre climat aussi. Pouvons-nous relever ces deux défis? Au Canada, un salarié sur cinq occupe un emploi qui présente un risque considérable d’automatisation. Pour ces employés, il n’existe que peu ou pas d’options de réorientation vers des professions à plus faible risque sans un … Continue reading
The Canadian Trucking Alliance (CTA) and other key stakeholders participated today in the National Supply Chain Summit hosted by Transportation Minister Omar Alghabra to deal with the key challenges and opportunities facing Canada’s supply chains and the actions and strategies required to support a robust economic recovery. CTA provided the Government of Canada with the … Continue reading
Canada’s number of seniors care workers, relative to the senior population receiving care, is well-below the international average. In Canada, as in many other countries, the growth in the number of nurses and personal support workers providing institutional, residential, home and community care has not kept pace with the growth of the senior population. The … Continue reading
The number of international students has grown considerably worldwide, primarily from developing countries to Western developed countries. In recent years, Canada has led other major Western countries in the growth of international students. The opportunity for international students to work in Canada after graduation and to potentially become permanent residents, and ultimately Canadian citizens, is … Continue reading
Did you know more than half of your team is ready to resign and move onto their next opportunity? Our Salary Guide reveals that 65% of workers are seriously considering leaving their current role, meanwhile 40% of you also told us you’re losing talent to higher pay being offered somewhere else. The great reset to … Continue reading
L’industrie du divertissement et des loisirs a été touchée par les restrictions mises en place pour limiter la propagation de la COVID-19. En 2020, les revenus d’exploitation combinés des entreprises de cette industrie ont chuté de 19,9 % pour atteindre 9,9 milliards de dollars, et le produit intérieur brut (dollars enchaînés de 2012) de l’industrie a reculé de 35,6 %. Cependant, la baisse … Continue reading
Although most Canadians are returning to in-person work, a significant rise in day traders observed throughout the pandemic shows no signs of letting up. With COVID-19 causing many Canadians to re-evaluate their financial standing, untold thousands have turned to day trading as a means of generating income (or at least attempting to). In fact, major … Continue reading
If Canada was to rely solely on immigration to address the impending labour force shortage, it would need to settle 2.85 million new Canadians immediately in order to return to the 2019 OAD ratio. And arrivals would need, on average, to exceed 1.7 million people annually over the next decade to maintain that OAD ratio. … Continue reading