Tag: Employment

Inflation is a looming threat for Canada’s economy

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Inflation is a big topic of conversation for the Bank of Canada. The Canadian economy struggles following the aftereffects of the Covid-19 pandemic. Statistics Canada has confirmed the Canadian inflation rate had reached 3.1% in June. Shelter and transportation prices were found to have risen while those for food, women’s…

Senior Managers Likely To Resign As Canada Enters Post-Pandemic Era

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Recent research conducted in April 2021 by LifeWorks and Deloitte Canada indicates that about a quarter of all senior leaders are considering resigning post-Covid. A senior leader is considered anyone two levels below that of the chief executive. The study surveyed about 1,200 senior leaders across nine industries. The study…

Pressure Mounts on the Bank of Canada After Unemployment Falls Sharply

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The pandemic may not be over yet but nations around the world are beginning to show signs of recovery. Businesses are gradually beginning to open up again, hopefully permanently, while the overall mood and confidence is also lifting. Canada is no exception and the country saw a significant rise in…

Tax Cuts Proposed to Ease Pressure on Businesses

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In December, more businesses were forced to close shop temporarily due to pandemic restrictions. This decision likely contributed to the loss of 63,000 jobs nationwide over the course of the month. Several regions, such as Quebec and Ontario, were forced to comply with strict business closure rules, which significantly increased…