Looking for a job? How about heading to Toronto or Vancouver! A new BMO report finds a job boom in both cities, but can you afford to work AND live there? Read on to find out whether or not it’s a smart move for you.
Losing your job can be a very emotional and stressful experience – but it’s important to stay in control and land back on your feet. From saving a rainy day fund to knowing your severance pay rights, these tips will help you through such a difficult time.
The Canadian unemployment rate increased to 7.2 per cent after losses were experienced in all sectors across the nation. How will this affect the rest of the economy, including the Canadian housing market?
Canada unemployment continues to be a national issue, and new graduates are hardest hit. Why are 20-somethings having trouble finding jobs? Is post-secondary debt setting students up for a lifetime of financial struggle?
Young Canadians are increasingly worried over their finances with a full 90% reporting they experience stress over the current state of the Canadian economy. A recent survey from Sun Life Financial also finds that unemployment or underemployment are key factors behind these anxiety levels.
It can be argued that Canada has weathered the economic storm better than most, but recent studies show that investor sentiment and confidence has taken a dip. When you factor in recent national job losses, a cooling housing market, and contracting pensions, just what kind of shape is our economy in?
It’s good to be Canadian. While the U.S. housing market crumbled – to a certain degree bringing the global economy along with it, after some slight hiccups, the real estate markets in most Canadian cities have continued a slow and even climb. But only a fool would think that the Canadian economy is not heavily influenced by events in the U.S. and Europe. Here, we review what various economic soothsayers from around the world predict 2012 will have in store for the global economy.
It’s the time of year when we shake off the old year and look ahead to guess what the new one will bring. 2011 was a mixed bag of economic drama: real estate, stock market, jobs and other indicators seemed down as often as they were up. What about 2012? The verdict is mixed, the debt crisis in Europe being the pivotal factor. Here’s what’s up for the year.
The phrase “The rich get richer, while the poor get poorer,” has never been truer for Canada. A report by the Organization for Economic Co-operation and Development finds, the gap between Canada’s richest and poorest people is widening. The survey conducted in 2008 found, the top 10 per cent of Canadians earned 10 times as much as the bottom 10 per cent. This 10-1 ratio is above the OECD average of 9-1. The U.S ratio is 14-1. In Germany, Denmark and Sweden the ratio is 6-1. In my opinion if this survey were conducted today, the gap between rich and poor would be even wider. Here’s why I think that way.
Are you worried about your job security and well-being? You should be because no one else is. The increased pressure corporations are under to produce and perform with less staff, is creating a nation of exhausted employees saddled with to much work. Is it fair? No. Can we do something about it? Absolutely.