Canada’s unemployment rate drops below 5%, the lowest in Canadian history

Credit to Author: Shelby Thevenot| Date: Tue, 12 Jul 2022 12:00:05 +0000

June’s Labour Force Survey from Statistics Canada shows Canada’s labour market is still tightening, making it difficult for Canadian employers to find workers. Employment fell by 43,000 last month. It marks the first employment decline not associated with public health restrictions since the beginning of the pandemic. The reason employment fell is mainly due to […]

The post Canada’s unemployment rate drops below 5%, the lowest in Canadian history first appeared on CIC News.

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Overall job vacancies in Canada continue to increase

Credit to Author: Julia Hornstein| Date: Wed, 06 Jul 2022 17:00:14 +0000

According to Statistics Canada’s latest report on job vacancies, payroll and earnings, employers in Canada were actively seeking to fill about 1 million job positions at the beginning of April, up 2.4% from the previous months and almost 45% from April last year (not seasonally adjusted). Statistics Canada indicated that the increase in April is […]

The post Overall job vacancies in Canada continue to increase first appeared on CIC News.

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Canada’s high job vacancy rate means immigration will be even more critical to the labour market in the future

Credit to Author: Edana Robitaille| Date: Sat, 02 Jul 2022 12:00:19 +0000

Canada’s unemployment rate is at a record low of 5.1%, resulting in significant worker shortages. Job vacancies are more than 80% higher than they were pre-pandemic. These vacancies are in large part due to Canada’s aging population. More than one in five working age Canadians are approaching retirement age. This impact is compounded by Canada’s […]

The post Canada’s high job vacancy rate means immigration will be even more critical to the labour market in the future first appeared on CIC News.

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No date set for IRCC to waive Canadian citizenship application fees

Credit to Author: Kareem El-Assal| Date: Tue, 28 Jun 2022 10:23:11 +0000

The Canadian government needs more time to fulfil its promise to waive citizenship fees for applicants. Immigration Minister Sean Fraser made this revelation in a recent sit-down interview with CIC News in Toronto. The Canadian government announced shortly before the pandemic in late 2019 it would waive fees for new Canadian citizenship applicants. The pandemic […]

The post No date set for IRCC to waive Canadian citizenship application fees first appeared on CIC News.

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Canada sees record-high job vacancies in the first quarter of 2022

Credit to Author: Shelby Thevenot| Date: Wed, 22 Jun 2022 12:00:31 +0000

Job vacancies in Canada climbed to 957,500 in the first quarter, the highest quarterly number on record according to Statistics Canada. The number of job vacancies has spiked by more than 72% representing about 401,900 positions compared to the first quarter of 2020. Job vacancies in Q1 2022 surpassed the previous record high numbers recorded […]

The post Canada sees record-high job vacancies in the first quarter of 2022 first appeared on CIC News.

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How I succeeded as a newcomer to Canada

Credit to Author: Scotiabank| Date: Wed, 15 Jun 2022 09:27:40 +0000

I first came to Canada almost a decade ago as an international student. My family is mainly from Kolkata, India and when I graduated university, there was an opportunity to continue my education abroad in a foreign country. My dad and I went to an Overseas Education Consultant to explore countries which offered the best […]

The post How I succeeded as a newcomer to Canada first appeared on CIC News.

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Canada’s unemployment rate down to record-low 5.1%

Credit to Author: Shelby Thevenot| Date: Sat, 11 Jun 2022 12:00:22 +0000

Canada’s unemployment rate hit a new record-low of 5.1%, the lowest point it’s been since comparable data became available in 1976. Statistics Canada reported in its most recent Labour Force Survey that the labour force gained 39,800 jobs in May, mostly in full-time work. More than 135,000 people found full-time work last month. Gains were […]

The post Canada’s unemployment rate down to record-low 5.1% first appeared on CIC News.

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What does housing cost in different Canadian cities?

Credit to Author: Kaitlin Jingco| Date: Tue, 07 Jun 2022 17:56:51 +0000

A comparison of rental and buying housing prices in Canada When deciding on where to settle in Canada, housing costs are an important thing to consider. To give you an idea of what you can expect to pay for a home in Canada, we’ve laid out the average monthly rent and mortgage prices of homes […]

The post What does housing cost in different Canadian cities? first appeared on Canadian Immigrant.

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