AGP Executive Report
Last update: 12 hours agoLabour Market: Canada shed 68,000 jobs in September, pushing unemployment to 6.5% and wiping out the year’s job gains. The working-age employment rate remains below pre-pandemic levels in four of five Ontario regions. Workforce Training: Ottawa plans to spend more than $350 million on skilled-trades training and recruitment as Liberal MPs warn skills shortages could constrain Canada’s economic plans. Stelco Layoffs: Industry Minister Mélanie Joly says the company’s owner could face fines or a forced sale of Canadian assets if planned layoffs proceed. Hiring Rules: Ottawa has expanded low-wage LMIA restrictions to 30 cities and updated work-permit rules; Alberta is inviting priority-sector workers and rural job-offer holders to seek provincial nomination. Long-Term Supply: The Bank of Canada warns demographic change is shrinking the workforce, adding pressure to address labour shortages and boost productivity.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
