Job Market Monitor
Quebec
Hydro-Quebec – To cut hundreds of jobs
Hydro-Quebec, Canadas largest power utility, will eliminate hundreds of positions this year as the province looks to trim $2.7 billion in spending, QMI Agency has learned. The Crown corporation had already announced a series of buyouts but QMI has learned that the early retirements wont be enough to meet job-cutting targets. The Montreal-based utility was … Continue reading
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. One of those economists, Douglas Porter, chief economist at BMO Capital Markets, told reporters after their meeting with Oliver that Alberta alone has … Continue reading
Canada – Jacob retail chain closing its 92 stores – 2,000 jobs gone
After years of financial struggles, the Jacob retail chain announced Tuesday it is closing its 92 stores across Canada. “It’s a very sad day for retail in Quebec,” said analyst Terry Henderson of J.C. Williams Group. “Joey Basmaji was an icon,’’ he said of the founder of the family-owned fashion chain.Stores will remain open for … Continue reading
Canada Job Grant / A deal reached with Quebec
Quebec has joined all other provinces and territories in a tentative agreement with the federal government on the Canada Job Grant, Employment Minister Jason Kenney said today in the House of Commons. Kenney made the announcement in question period. The news follows his announcement last Friday that 12 provinces and territories had negotiated a tentative … Continue reading
Millionaire immigrants in Quebec / Just 10% still there 5 years later
The vast majority of millionaire immigrants who come to Canada through Quebec’s immigrant investor program do not stay in that province, allowing Quebec to keep millions in job creation dollars while other provinces carry the costs of settlement Continue reading
New EI rules in Quebec / Calling on other provinces to support overhaul
The Quebec government is calling on other provinces to support its demand for immediate changes to employment insurance measures that sparked widespread protest against Ottawa last spring Continue reading
Employment Insurance in Canada / More beneficiaries in Quebec and Manitoba, as well as in the Atlantic provinces
Following three months of little change, the number of people receiving regular Employment Insurance (EI) benefits decreased slightly in September (-1.4% or -7,100) to 503,800. Compared with September 2012, the number of beneficiaries was down 8.8%. However, the slight monthly decrease nationally did not mirror variations observed at the provincial level, as British Columbia and Ontario posted notable … Continue reading
Canada Job Grant / No agreement reached on friday
Ottawa needs to satisfy the provinces’ concerns if it wants to launch the program, said Ontario minister Brad Duguid. “The fact of the matter is, the provinces and territories are very united on this,” said Duguid. “We will not fund or support any program that funds a new federal program on the backs of our … Continue reading
Canada Job Grant and the Provinces / Only Quebec, Ontario and Saskatchewan have consistently used their entire federal Labour Market Agreement’s funds
According to a government document obtained by Postmedia News, only Quebec and Ontario have consistently used their entire federal contribution under the Labour Market Agreement – about $116 million and $204 million, respectively, in 2011-12, the most recent year for which figures were available. Saskatchewan has too in more recent years. Continue reading
Quebec / Alcoa and Alcan postpone smelter upgrades with impacts on jobs
With an aluminum market weighed down by surpluses, Alcoa Inc. and Rio Tinto Alcan are postponing billions in upgrade and expansion plans to their smelters in Quebec. While some 750 Rio Tinto Alcan employees will get to keep their jobs longer, 500 Alcoa workers will be pushed into early retirement. Alcoa is deferring by three … Continue reading
Canada / Budget’s job training program hits provincial reluctance
When the premiers of the four Atlantic provinces met on April 29, their joint communiqué noted “significant concerns with the recent unilateral decisions of the federal government regarding skills, training and employment supports.” The four provinces expressed concerns about the Canada Job Grant, “particularly the ability of small-and medium-sized businesses to participate in the program.” … Continue reading
Canada and Quebec / Working on EI regulations will marginally help in responding to labour market needs
Unemployment worldwide and youth unemployment are a tragedy. The number of unemployed in the world has exploded with 28 million people jobless in the five years following the global financial crisis. In 2012, there were 197 million people unemployed according to the ILO. In 2013, about 210.6 million people will be unemployed according to the … Continue reading
Quebec / EI: The real ‘battle’ has been there for decades: the ‘battle’ for employment and regional development
As we predicted in our post yesterday Quebec / Employment-Insurance: Mrs. Maltais is doing everything to lose face, Ms. Maltais got a no for an answer it seems. In her statement to Anne-Marie Dussault on CBC Continuous News channel in french after her meeting yesterday night, Ms. Maltais said that she was determined to continue … Continue reading
Quebec / Employment-Insurance: Mrs. Maltais is doing everything to lose face
A few days ago, Chantal Hébert wrote in Le Devoir: The political risk Stephen Harper is exposed to is almost nil. The idea that EI is a burning subject in Canada is an optical illusion due to the relative proximity of those regions particularly affected by the reform. (freely translated by the author) Beyond political … Continue reading
Quebec / The Summit on Higher Education: The losers are youth holders of vocational and technical degrees
Quebec / The Summit on Higher Education: The losers are youth holders of vocational and technical degrees
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