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Recent Immigrants More Likely to Export, Target Markets Outside the U.S.

Canada’s trade agenda is focused on opening up markets beyond the United States, and a new study shows that one group is doing just that. The Conference Board of Canada report looks at the experience of Canada’s immigrant exporters and finds that businesses owned by recent immigrants are more likely to export and more likely to target markets other than United States. Twelve per cent of immigrant-owned businesses export goods and services to markets beyond the U.S., versus seven per cent for businesses owned by non-immigrants.

Features


“How Canada Performs” Education Report Card

The Conference Board of Canada has handed out its report cards on the education and skills performance of Canada and its provinces. Canada as a whole gets a “B” grade and ranks near the top of the international class. But there are significant differences among the provinces. British Columbia, Ontario, and Alberta are the top-performing provinces, earning strong “B” grades. Quebec and Nova Scotia earn “C” grades. And the five other provinces are at the back of the class, with “D” or “D–” grades. (Limited data do not allow for similar comparisons with Canada's territories.)



Change Is in the Air Among Provincial Economies

Western Canadian provinces will boast the fastest-growing provincial economies this year and again in 2015. Alberta will take its usual place at the top of the list. However, this year Manitoba and B.C. will move past Saskatchewan—a growth leader among the provinces in recent years. Growth in Saskatchewan will actually slow sharply, while the near-term outlook is looking increasingly positive for Manitoba and British Columbia.



The Value of Garbage

Waste diversion, through practices such as recycling, composting, and reusing waste material, is an increasingly important aspect of solid waste management. Yet, less than a quarter of the garbage produced in Ontario is currently diverted from disposal sites. More recycling, composting, and re-using of waste could support thousands of jobs in Ontario and add about $1.5 billion to the provincial economy.



A Snapshot of Leadership Development Practices in Canada

At a time when many of the current senior leaders in Canada are approaching retirement, the need for new leadership has never been more important. However, our snapshot of leadership development practices across Canada suggests that, when faced with economic challenges, some organizations eliminate or reduce related leadership development activities.



We Can All Play a Role in Preventing Terrorism

Recent incidents, such as the involvement of Canadians in overseas terrorism and the arrests of Canadians planning terrorist activities in Ontario and British Columbia, indicate that terrorism continues to pose a real threat to Canada. Although we have been successful so far at countering it, we must continue to build our resilience to terrorism. One key theme that has emerged from the Conference Board’s national security and public safety work in this area is the need for strong public–private partnerships. More cooperation between the public and private sectors would result in a greater range of tools, resources, and approaches in the fight against terrorism.



Celebrating 60 Years of the CBoC in Canada

In 1955, Arthur J.R. Smith, a young economist employed by the Federal Reserve Bank in New York, moved to Montréal to work alongside the director of the National Industrial Conference Board's Canadian office, Monteath Douglas. When Douglas retired in 1971, Smith was named the first president of The Conference Board in Canada. By then, the Canadian organization had expanded to 13 employees with a budget of $300,000 a year.



CBoC Highlights

Our chief economist, Glen Hodgson, talks about World Cup 2014 and the economics of pro sports in Canada on BNN.

Margaret Trudeau delivered the keynote presentation at the Conference Board’s Workplace Wellness and Mental Health 2014 conference. Following her presentation, Trudeau hosted a signing for her book Changing My Mind.

 

On CBC’s “The Lang and O’Leary Exchange,” Danielle Goldfarb, Associate Director of the Conference Board’s Global Commerce Centre, highlights the strengths of small and medium-sized businesses run by recent immigrants to Canada.

 


In This Issue

  • Recent Immigrants More Likely to Export, Target Markets Outside the U.S.
  • “How Canada Performs” Education Report Card
  • Change Is in the Air Among Provincial Economies
  • The Value of Garbage
  • A Snapshot of Leadership Development Practices in Canada
  • We Can All Play a Role in Preventing Terrorism
  • Celebrating 60 Years of the CBoC in Canada

Previous Issues

Webinars

Leadership in Conservation across Canada
Jan 08 at 2:00 PM

Effective Crisis Communication: Moving Crisis to Opportunity
Jan 14 at 2:00 PM

Knowledge Transfer vs Training: How to Transfer Skills Not Just Knowledge in Today’s Digital Age
Jan 17 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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