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Canada added 55,000 jobs in December – Canada Immigration News

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Published on January 7th, 2022 at 10:34am EST

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Office meeting where everyone is wearing surgical masks.

Office meeting where everyone is wearing surgical masks.

Canada’s employment rose 55,000 in December, while unemployment was little changed.

Statistics Canada’s Labour Force Survey captured economic conditions during the week of December 5 to 11. The reference week was just before the Omicron variant became widespread in Canada, causing a surge in cases. Public health measures were similar to November during the reference week. Coronavirus-related closures happened shortly after.

More people were working full-time in December just before public health measures ramped up. Most of the employment growth was in Ontario. Nationwide, gains were driven by the construction and education industries.

Unemployment was down slightly to 5.9% compared to November, when it was at 6%. In February 2020, before the pandemic, Canada’s unemployment rate was 5.6%.

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Newcomer employment higher than pre-pandemic

International travel restrictions earlier in the pandemic caused the number of very recent immigrants (who have landed within five years) has recovered to its pre-pandemic level in recent months. In December, the total number of very recent immigrants of core working age (25 to 54) was 0.6% higher, or 5,000 more, than two years earlier.

The share of core-age very recent immigrants rose by 7.8 percentage points to 78.7% in the two years ending in December 2021. Employment gains over that period were largest in professional, scientific, and technical services (up 26,000 jobs, 31.3%) as well as wholesale and retail trade (up 20,000 jobs, 28.7%).

Statistics Canada says the large gains in the two industries reflects the role that both higher-skilled and lower-skilled employment plays in the integration of newcomers into the labour market.  Professional, scientific, and technical services tend to be “high-skilled” jobs according to the National Occupational Classification (NOC), whereas retail trade jobs like cashiers fall under “low skilled”. Canada’s main immigration pathway, Express Entry, focuses on admitting high-skilled workers. While there are pathways for low-skilled workers, some Provincial Nominee Programs for instance, there are still more economic immigrants coming to Canada as high-skilled workers.

For immigrants who landed more than five years ago, employment rates among the core-aged group was almost 83% in December. At the same time, core-aged Canadian-born workers saw an employment rate of about 86%. These figures are little changed from two years earlier.

Employment rate increases year over year for visible minorities

Compared with 2020, the employment rate for visible minorities was up four percentage points to almost 71% in December 2021. Employment for white Canadians was up two percentage points to almost 71%. While employment rates for both groups matched, visible minority groups saw more growth in employment.

Employment rates increased for some of the largest visible minority groups in Canada, including Southeast Asian, Black, and Filipino Canadians. The rate was little changed year over year for Chinese Canadians.

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Credit Suisse chairman resigns after company probe – BBC News

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Antonio Horta-Osorio, former chairman of Credit Suisse.

Reuters

The chairman of global banking giant Credit Suisse, Antonio Horta-Osorio, has resigned with immediate effect after an internal company probe.

He was reportedly found to have broken the UK’s Covid-19 quarantine rules.

The former boss of Lloyds Banking Group joined Credit Suisse after a series of scandals at the Swiss bank.

Now, Mr Horta-Osorio, who was the chairman of Credit Suisse for less than a year, has been replaced by board member Axel Lehmann.

“I regret that a number of my personal actions have led to difficulties for the bank and compromised my ability to represent the bank internally and externally,” Horta-Osorio said in a statement issued by the bank.

“I therefore believe that my resignation is in the interest of the bank and its stakeholders at this crucial time,” he added.

Last month, it was reported by the Reuters news agency that a preliminary investigation by Credit Suisse had found that Mr Horta-Osorio had breached Covid-19 rules.

He reportedly attended the Wimbledon tennis finals in July at a time when the UK’s Covid-19 rules required him to be in quarantine.

Speaking to the BBC, a spokesperson for Credit Suisse said that the bank would give no further details on Mr Horta-Osorio’s resignation other than those in its statement.

They also said that there were no plans to release the findings of the investigation.

Before joining Credit Suisse Mr Horta-Osorio was chief executive of British lender Lloyds Banking Group.

He was brought in to lead Switzerland’s second-largest bank to help clean up a corporate culture marred by its involvement with collapsed investment company Archegos and insolvent supply chain finance firm Greensill Capital.

In February 2020, then-Credit Suisse chief executive Tidjane Thiam resigned after a scandal revealed the bank had spied on senior employees.

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UK government to cut funding for BBC – Mail on Sunday report

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Britain’s government will cut the BBC’s funding by ordering a two-year freeze on the fee that people pay to watch the broadcaster, the Mail on Sunday reported.

The future of the licence-payer funded British Broadcasting Corporation is a perpetual topic of political debate, with Prime Minister Boris Johnson’s government most recently suggesting its funding needs to be reformed.

Set against an inflation rate expected to reach a 30-year high of 6% or more in April, freezing the licence cost at its current 159 pounds ($217.40) would provide some relief to consumers battling sharply rising costs of living.

But it would also be a large blow to the BBC’s finances as it tries to compete with privately funded news outlets and the likes of Netflix and other entertainment streaming services funded by consumer subscriptions.

In November, the government launched negotiations to agree how much the TV licence would cost, part of a five year funding settlement due to begin in April 2022.

The Digital, Media, Culture and Sport department declined to comment when asked about the Mail on Sunday report.

Culture secretary Nadine Dorries said that the licence fee settlement would be the last such agreement and tweeted a link to the Mail on Sunday article.

“Time now to discuss and debate new ways of funding, supporting and selling great British content,” she said on Twitter.

The BBC declined to comment on Dorries’ tweet or the Mail on Sunday report.

The opposition Labour Party said the funding cut was politically motivated.

“The Prime Minister and the Culture Secretary seem hell-bent on attacking this great British institution because they don’t like its journalism,” said Lucy Powell, Labour lawmaker and culture policy chief.

The BBC’s news output is regularly criticised by UK political parties. Its coverage of Brexit issues – central to Johnson’s government – has long been seen as overly critical by supporters of leaving the European Union.

Last week, one Conservative lawmaker said BBC coverage relating to parties in Johnson’s Downing Street residence during coronavirus lockdowns amounted to a “coup attempt” against the prime minister.

($1 = 0.7314 pounds)

 

(Reporting by William James. Editing by Jane Merriman)

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HVAC scams and how to stop them; why can't retail workers get N95 masks? CBC's Marketplace Cheat Sheet – CBC News

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Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need.

Want this in your inbox? Get the Marketplace newsletter every Friday.

Salespeople are using sketchy tactics to sell HVAC contracts. We caught one in the act

This week, Marketplace and Go Public are teaming up to expose the tactics used to trick consumers into overpriced long-term rental contracts for new heating and cooling equipment — and more.

Our team rigged up a test house with hidden cameras to find out what would happen when a sales representative for a company that has a history of complaints came to inspect the hot water tank.

The veteran HVAC expert we asked to inspect the tank before Ontario Green Savings arrived found nothing at fault. But when Axel Hermosa —  a commissioned sales manager at the company — knocked on the door, we heard a very different story.

“You have to get it replaced within the next six days,” he said, explaining that once the tank hits 10 years, insurance will no longer cover any damage. “So if anything happens, I’m liable. I’ve seen the tank … Insurance won’t cover that s–t.”

But when we checked the home’s specific insurance policy, as well as with several other insurance companies and the Insurance Bureau of Canada, all said they do cover damage caused by tanks older than 10 years.

Hermosa also said the new tank would cost about $50 more a month than the current contract, but would be so efficient it would save money in the long run. Many consumers who shared their experience with CBC never saw those savings. Read more

That’s just one of the slick sales tactics you’ll want to watch out for. To see the rest, watch Marketplace’s full investigation.

Hidden cameras catch HVAC scam in action

2 days ago

Duration 22:30

Exposing deceptive sales tactics used to suck people into unfair and overpriced HVAC contracts. And insiders reveal the new ways they get you to sign up for other home equipment too. 22:30

Marketplace update: Instacart edition

After last week’s Marketplace investigation revealed hidden fees and markups for some grocery items on Instacart from Loblaws and Costco, we heard from many of our viewers about their own experiences with online grocery delivery.

But that wasn’t the only reaction to our story. 

Following our investigation, the NDP sent a letter to the Competition Bureau asking the commissioner to investigate the cost of third-party grocery delivery apps like Instacart.

“With the speed at which the newest variant of COVID-19 is spreading, more Canadians than ever before are isolating and are forced to rely on grocery delivery services like Instacart,” said federal NDP critic for industry and MP Brian Masse in a release.

“Canadians who are doing the right thing by staying home to keep their communities safe should not be punished by third-party apps who are cashing in on the situation.”

The party also sent a letter to the chair of the Industry Committee asking for the committee to reconvene to discuss mark ups by third-party apps, among other agenda items.

We’ll keep you in the loop with any updates on this story, and in the meantime, catch up on our full investigation into Instacart below.

Delivery deal or real rip-off?

9 days ago

Duration 22:30

Investigating hidden mark-ups and missed sales on Instacart, plus testing HelloFresh, Chefs Plate, and Goodfood. 22:30

Many front-line health-care workers are getting N95-style masks. Why not those who work in retail? 

In Omicron’s wake, many regulations have been changed quickly to better protect workers. 

For example, most front-line health-care workers in Ontario now have to wear N95-style masks, which filter the vast majority of dangerous coronavirus particles. 

But for people who work with the general public, some of these changes are lagging. 

At most grocery stores, there’s still no mandate for the widespread use of N95 or equivalent masks, despite mounting evidence that cloth masks and other inferior options do little to slow the spread of the wildfire that is Omicron. Read more

Many grocery stores are still relying on disposable masks for their workers that experts say are not as good as N95-style masks at limiting transmission of the coronavirus. (Maggie MacPherson/CBC)

Thousands of suspected injuries tied to breast implants revealed in manufacturer data dump, CBC analysis finds

Health Canada was left in the dark for years about thousands of suspected injuries and complications related to breast implants — including multiple mentions of a rare cancer — that manufacturers failed to report.

A CBC data analysis found that more than half of the 5,990 new reports are suspected injuries, while the rest are classified as having the potential for injury or death should they reoccur, also called near misses. 

The data suggests manufacturers received some reports as early as 2000, but they weren’t submitted to Health Canada’s database until nearly two decades later.

The organization launched an investigation after reviewing breast implant manufacturer Allergan’s 2017 annual report, which mentioned breast implant incidents that did not appear in Health Canada’s database.

When asked by CBC News to provide more context on this under-reporting and Health Canada’s inspection, Allergan declined to comment. Read more

Back in 2018, Marketplace hidden camera investigation revealed how some plastic surgeons gloss over the health risks of breast implants during their sales pitches.

Terri McGregor was diagnosed in 2015 with breast implant-associated anaplastic large cell lymphoma (BIA-ALCL), a rare cancer associated with textured breast implants. CBC News found her physician’s report to the manufacturer in a 2019 data dump. (Ousama Farag/CBC News)

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China, Philippines suspend beef imports from Canada after case of bovine spongiform encephalopathy
The disruption has not had any noticeable impact on Canadian prices, says executive vice-president of the Canadian Cattlemen’s Association.

Are homeowners liable for slips on icy sidewalks?
The classic Canadian legal conundrum is connected to the issue of what it means to be a good neighbour.

Dewalt Jobsite Pro Wireless Earphones recalled due to burn and fire hazard
Immediately stop using the recalled DEWALT ® Jobsite Pro Wireless Earphones.

Certain Dole and President’s Choice brand salad products recalled due to listeria
Click to review the list of recalled products.

Marketplace needs your help

Have your batteries leaked or stopped working before you expected? We want to hear from you! Send us your photos and tell us more at marketplace@cbc.ca

Watch this week’s episode of Marketplace and catch up on past episodes anytime on CBC Gem.

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