Job Market Monitor
Toronto
SunOpta to restructure some units, cut 6 pct jobs | Reuters
SunOpta Inc said it will restructure some of its underperforming segments and cut about 6 percent of its workforce. The Toronto-based organic food processor said it will shut down its fruit segment and create a new consumer products group to focus on non-grains based consumer packaged goods. SunOpta expects to incur severance costs of about … Continue reading
Young people will pay price of inaction on OAS: Finley | CTV Ottawa | CTV News
Human Resources Minister Diane Finley says immediate action is required to ensure younger Canadians won’t be struggling to support the nation’s rapidly aging population. Speaking to Toronto’s Canadian Club on Tuesday, Finley stressed the urgency of revamping Old Age Security lest younger Canadians be confronted with higher taxes or fewer social programs in the future. … Continue reading
Toronto tech jobs in high demand but geek factor, knowledge gap keep candidates away – thestar.com
Jobs in information technology and engineering in Toronto are in high demand but too few recent graduates are available to fill them, a year-long study shows. For every seven jobs in information technology and engineering there is only one qualified candidate to fill them, a study by the Toronto Region Research Alliance found. These trends … Continue reading
Analysis: Layoff talk sidestepped in outsourcing | CanadianBusiness.com
Private companies are doing more and more of the work once performed by state employees, and Gov. Bobby Jindal is proposing new rounds of privatization in his latest budget proposal. The shift has forced thousands of people from their jobs, a consequence the Jindal administration tends to gloss over as it touts the lowest number … Continue reading
Toronto tops New York in risk of condo bubble | Mortgages | Personal Finance | Financial Post
A sliver of land wedged between Toronto’s elevated expressway and an off-ramp that pumps traffic into downtown may become the epicenter for a Canadian housing bubble. In four years, this site that’s now used as a parking lot and police impound near the shores of Lake Ontario will be home to Ten York, a 75-story … Continue reading
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