Calgary region continues to suffer job losses

Calgary census metropolitan area lost  14,300 jobs in June as employment is down 135,000 from a year ago. And  the unemployment rate rose from 13.4 per cent to 15.6 per cent.

Calgary region continues to suffer job lossesThere was some positive news Friday for Alberta’s and Canada’s labour markets but the Calgary region continued to struggle in June during the COVID-19 crisis. Statistics Canada reported that the Calgary census metropolitan area lost  14,300 jobs in June as employment is down 135,000 from a year ago. And  the unemployment rate rose from 13.4…

Economic downturn takes a toll on payroll employment

In Alberta, payroll employment was down 212,200 month-over-month and by 329,400 year-over-year, says Statistics Canada report

Economic downturn takes a toll on payroll employmentFollowing a decline of almost one million payroll jobs in March, payroll employment in Canada fell by an additional 1,830,200 (-11.4 per cent) in April, bringing total losses since February to 2,769,500 (-16.3 per cent), reported Statistics Canada on Thursday. In Alberta, payroll employment was down 212,200 month-over-month and by 329,400 year-over-year. “In previous shocks…

Invest in social infrastructure rather than handouts

It not only generates jobs in the short term, but results in greater productivity, employment and tax dollars in the future

Invest in social infrastructure rather than handoutsHow the economy will be rebuilt in the wake of the COVID-19 pandemic is a major concern for us all. There are many unknowns, making the near future and the years ahead even murkier than usual. So uncertain is Canada’s federal government about economic and financial prospects that it’s not producing a budget, or even…

Ontario should cut government jobs to end cycle of debt

The Ontario government must take decisive action to get the budget under control when the COVID-19 crisis has passed

Ontario should cut government jobs to end cycle of debtOntario is the most indebted sub-sovereign borrower in the world. Interim financial results for the 2019-20 fiscal year show that the Ontario government ran a $9.2-billion deficit. According to estimates from economists, the deficit is likely to more than triple, largely as a result of the COVID-19 pandemic and economic lockdown, to around $29.3 billion…
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