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Cannabis Legalization Sparking Concerns for Canadian Employers

The recreational use of cannabis will be legal in Canada on October 17, 2018. Our survey of Canadian organizations found that more than half (52 per cent) are either concerned or very concerned about the implications this will have on the workplace. Their top concerns include workplace safety, impairment or intoxication, and increased use of cannabis both inside and outside the workplace. A smooth transition to legalization will need to include crucial components such as gauging and managing impairment at work; adapting workplace policies; and ensuring employees are educated on what is allowed and what remains prohibited.

Features

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Canada’s Western Cities to See Strongest Economic Growth in 2018

In line with a more sluggish national economy, all Canadian cities are expected to see their economic growth slow in 2018. Growth will still be strong in the West, however, with Calgary, Vancouver, and Edmonton forecast to be the only census metropolitan areas in our outlook to experience growth above 2.5 per cent. Canada’s biggest city, Toronto, will follow close behind with solid growth of 2.4 per cent.


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Tighter Competition and Higher Industry Costs Affecting Canada’s Telecommunications Industry

The push toward 5G implementation in Canada will require massive investment in network and transmission capabilities, and telecommunications firms are already laying the groundwork for this transition. Tighter competition among carriers and higher industry costs due to rising investment will cause an overall dip in margins. Following a 14 per cent pre-tax profit margin in 2017, industry margins are expected to decline this year and next.


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The Quick Take: Insights from The Conference Board of Canada’s Economists

Our team of esteemed economists provides on-the-spot analyses of key developments involving and impacting the Canadian economy. The Quick Take offers insights into Statistics Canada data releases, Bank of Canada interest rate announcements, provincial and federal budgets, and more. Most recently, our economists provided analyses on the Labour Force Survey, Consumer Price Index, and Retail Trade data releases.


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Call for Participants: Compensation Planning Outlook Survey 2019

Calling HR professionals! We are conducting our 37th annual national survey on compensation and human resources management in Canada. The findings will help organizations benchmark their compensation practices and costs in key industries and sectors across Canada. Survey participants will receive a complimentary copy of the report.


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Economic Outlook for Canadian Mid-Sized Cities

Except for Prince George—where economic growth will jump from 1.8 per cent to 1.9 per cent—the remaining three Canadian mid-sized cities in our outlook can expect growth to slow this year. After a solid 4.5 per cent expansion in 2017, the Red Deer economy is anticipated to see more sustainable growth of 2.8 per cent. In Brandon, continued improvement on both the goods and services sides of the economy are expected to contribute to growth of 2.1 per cent. Meanwhile, Timmins’ economy should see modest growth of 0.9 per cent in 2018.



CBoC Highlights

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Silhouettes of people standing infront of a globe
What perks and flexible work arrangements are being offered by Canadian organizations to attract talent? Find out in this infographic. This new briefing examines the effects of international trade and what a more inclusive trade agenda might look like for Canada.
   
Bryan Benjamin Hand holding a long receipt
Bryan Benjamin discusses Canadian employers’ concerns about cannabis in the workplace in this interview with Radio Canada International.
Alicia Macdonald offers insights into data from Statistics Canada showing falling retail sales and moderating inflation.

In This Issue

  • Cannabis Legalization Sparking Concerns for Canadian Employers
  • Canada’s Western Cities to See Strongest Economic Growth in 2018
  • Tighter Competition and Higher Industry Costs Affecting Canada’s Telecommunications Industry
  • The Quick Take: Insights from The Conference Board of Canada’s Economists
  • Call for Participants: Compensation Planning Outlook Survey 2019
  • Economic Outlook for Canadian Mid-Sized Cities

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Webinars

Dealing with Difficult Behaviours and Personalities in the Workplace
Jul 18 at 2:00 PM

Marijuana and the Workplace: What Leaders and the Board Should Know
Jul 19 at 2:00 PM

Upping the Ante: Employee Perquisites (Perks) and Flexible Work Arrangements
Aug 14 at 2:00 PM