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New Conference Board Economic Indicator

The Conference Board's newly launched Composite Leading Index shows that the Canadian economy will grow in the first half of 2014 — but only modestly. The Index rose 0.3 per cent in December matching the gains made in both October and November. This trend signifies that the economy is growing, but Canadian growth will not pick up the pace until later in the year. The Composite Leading Index sums up the performance of ten components that track the short-term course of the economy.

Features

The Falling Loonie

The biggest economic story of the new year has been the fall of the Canadian dollar. The Conference Board's assessment is that the drop in the dollar, if sustained, would have a small positive impact on economic growth in the short term. Some exporters may stand to benefit, but a declining loonie will also hit all Canadians in the pocketbook. More important than the value of the loonie is the signal it sends about the Canadian economy.

Taxis: That other supply management system

Shopping for milk and hailing a cab are two everyday activities that do not seem to have much in common. Yet, they are more alike than they appear at first glance. Dairy products are managed by a complicated system under which the amount to be produced is predetermined. Taxis are organized much the same way. Taxicab service remains tightly controlled even during times of high demand, such as the holiday season.

Why a Canadian Food Strategy?

Food impacts our lives, our health, our jobs, and our economy. Since 2010, the Conference Board's Centre for Food in Canada has been bringing together stakeholders from different sectors to create a Canadian Food Strategy—one that will meet the country's need for a coordinated, long-term strategy on industry prosperity, healthy and safe food, household food security, and environmental sustainability. The strategy will be launched at the 3rd Canadian Food Summit 2014: From Strategy to Action on March 18–19 in Toronto.

Measuring and Managing Innovation

It is perhaps the worst-kept economic secret in the country. Canada does not take advantage of its innovation capabilities, and that is impeding its growth potential. Canadian firms can use metrics to improve their innovation activities and competitiveness. However, almost 40 per cent of Canadian companies don't measure the success of their innovation activities at all. Of those firms that do, most use the kinds of measures that don't actually link well to their organizations' bottom-line results.

Conference Board of Canada One of the National Capital Region's Top Employers

The Conference Board of Canada is proud to announce that it has again been recognized as one of the National Capital Region's Top Employers for 2014. This marks the fifth time in seven years that the Conference Board has been named to the list of top employers in the Ottawa region. A key to our success is our ability to attract and retain outstanding talent, and this recognition only strengthens our position as an employer of choice.


CBoC Highlights

Photo of the Hon. Jason T. Kenney Photo of Vijay Gill

Satyamoorthy Kabilan, Director, National Security and Strategic Foresight, delivered a presentation on security and intelligence at the Canadian International Council dinner that aired on CPAC on January 18.

Pedro Antunes, Director, National and Provincial Forecast, discussed Canada's December job losses and the economy on CBC's Power & Politics on January 10.



In This Issue

  • New Conference Board Economic Indicator
  • The Falling Loonie
  • Taxis: That other supply management system
  • Why a Canadian Food Strategy?
  • Measuring and Managing Innovation
  • Conference Board of Canada One of the National Capital Region’s Top Employers

Previous Issues

Webinars

Labour Relations Outlook Webinar: Where Are We Headed in 2020?
Jan 28 at 2:00 PM

What Works for ERM and What Does Not
Feb 04 at 3:30 PM

How to Manage Workplace Romances: Looking for Love in All the Wrong Places
Mar 11 at 2:00 PM

Latest Blogs

Five Trends That Will Change the Way Your Company Structures Benefits

Mar 20, 2019

Employee expectations are changing, and nowhere is this more evident than in benefit offerings.

Canadian employers are being challenged to appeal to a multi-generational workforce. Varied employee needs have given rise to an evolved style of benefit offerings: one that is flexible, but keeps an eye on cost.

How can you stay ahead of the curve? We surveyed 217 organizations for our new Benefits Benchmarking 2019 report, collecting data that reflect the experiences of 1.2 million employees.

Here are five trends in employee benefits that will give your organization an edge:

More Flexible Benefits

Flexibility is the name of the game in 2019. Increasingly, employers are managing costs by letting employees decide what supports are best for them and their families. In our survey, we found that a record-breaking two-thirds of Canadian employers are now offering more innovative health care spending accounts (HCSAs) to employees at all levels.

Wellness Apps Supporting Employee Well-Being

Wellness apps are proving to be a win-win. Employees who use these apps are reaping the rewards of being proactive about their physical and mental health. Meanwhile, employers benefit from happier, healthier employees.

Medical Marijuana Offered as an Employee Benefit

The green wave has arrived in Canada. It’s no surprise that medical cannabis is starting to find its way into employee benefit offerings. While only 6 per cent of organizations currently cover medical cannabis, close to half (48 per cent) of respondents report they are considering doing so in the future.

Outsourcing Benefits Administration

With the emergence of new HR technologies, outsourcing your benefits administration can significantly impact your bottom line while meeting employees’ wellness needs.

Offering Mental Health Support to Employees

Conversations around mental health in the workplace have hit critical mass, bolstered by the gigantic #BellLetsTalk movement. Approximately two-thirds of all responding organizations report enhancing or introducing strategies to support employees’ mental health and wellness.

How does your organization stack up? Optimize your employee benefits with data from 217 organizations. Get the Benefits Benchmarking 2019 report.

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