AGP Executive Report
Last update: 4 hours agoLabour Market: Canada lost 68,000 jobs in September as unemployment rose to 6.5%, though Alberta posted the country’s largest provincial job gain. Layoffs: Owen Sound’s RBW plant is closing, putting about 360 jobs at risk, while Stelco’s plans for up to 500 layoffs remain under review by Ottawa; Industry Minister Mélanie Joly says the government is open to talks. Hiring and Growth: Ottawa is investing $50 million in the Canadian Food Innovation Network, which expects to help create 300 jobs and support more than 450 full-time positions. A separate $100-million federal investment will fund data collection for Nova Scotia’s offshore wind plans, a step the province says could bring it closer to new jobs. Workforce Pressures: Bank of Canada analysis warns demographic change will shrink the workforce, while Liberal MPs say skills shortages could constrain the country’s economic ambitions.
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.