British Columbia’s economy still has a lot of momentum, and the province will be the only one to see economic growth above 3 per cent this year. With growth of 2.8 per cent forecast in Alberta and Prince Edward Island and 2.6 per cent in Newfoundland and Labrador, they will rank among the fastest-growing provincial economies in 2018. Most other provincial economies are expected to perform well, although some will see their growth moderate this year.
Budget 2018 was a stay-the-course affair. A strong economy allowed the government to make progress on inclusivity while keeping the fiscal track largely unchanged. However, expansion in the Canadian economy is expected to slow, and there are substantial risks around the potential dissolution of NAFTA and reduced tax competitiveness with the United States. Despite these challenges, Budget 2018 focuses on the government’s socio-economic policy agenda while doing little to address declining competitiveness or set aside resources to stimulate the economy during a future downturn.
Despite the stereotype of bachelor of arts grads working as baristas, most social sciences and humanities undergraduate degree holders have good, well-paying jobs and are employed throughout the economy. While many of these graduates face challenges entering the workforce after graduation, most will go on to rewarding careers, and their earnings and job satisfaction levels are comparable with graduates from other disciplines.
Employment rates for Canadians with disabilities are roughly two-thirds those of the general population—and those that are employed tend to work a slightly shorter week. On top of improving quality of life, making work spaces and facilities more accessible would allow people with physical disabilities to participate more fully in the workforce, which could lift overall economic activity by $16.8 billion by 2030.
This April, our Vice-President of Organizational Performance, Bryan Benjamin, will share insights from his extensive experience in leadership, talent development, and workforce transformation at The Niagara Institute’s Executive Leadership Program. This program will help executive leaders tackle the unique challenges and opportunities at the top tiers of an organization. Participants will benefit from a 360-degree assessment, proven insights and strategies from experienced facilitators, rare and candid discussions with other executives, and personal executive coaching.
Federal Budget 2018
Canadian Outlook Economic Forecast: Winter 2018
Learning Cultures Lead the Way: Learning and Development Outlook
Canadian Outlook Long-Term Economic Forecast: 2018
Mid-Year Pulse Check: Compensation Planning Outlook 2018
Four Ways Canada Can Own the Artificial Intelligence Century, Maclean’s, Feb 22, 2018
More Co-ordination Between BoC and Federal Government Must Respect Bank’s Independence, The Globe and Mail, Feb 20, 2018
United States’ Dominant Global Position Obscures Serious Struggles, The Globe and Mail, Feb 15, 2018
Does Investor Immigration Have a Future in Canada?
Cyber Security Target Evolution: From Money and Data to Processing Power
More Than Just Mexico’s Economy at Stake in NAFTA Talks
Healthy Canada Conference 2018
Mar 27–28 | Toronto
Apr 10–11 Toronto
Western Business Outlook
How to Succeed as a Non-Profit Board Director
Mar 21 at 12:00 PM
Canadian Outlook with the Chief Economist: Tough Decisions Come Due in 2018
Mar 28 at 11:00 AM
Putting Social Sciences and Humanities Graduates to Work: Strategies that Move Students from Classroom to Career
Mar 28 at 2:00 PM
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