Nairalanceblog

By Paul Vieira OTTAWA--Unemployed workers in Canada have had a more trying experience finding jobs in sectors highly exposed to the use of artificial intelligence, according to new research published by the Bank of Canada. The analysis adds that younger Canadians are more at risk from the labor-market changes tied to AI. The Bank of Canada said Thursday its research should be interpreted as early trends emerging from AI's wider adoption. The research is "not definitive about what is happening or will happen, because the future of AI is highly uncertain." In speeches, Bank of Canada officials have encouraged the country's firms to invest in AI as a way to improve the country's lackluster productivity. "We do anticipate that some jobs will be replaced by AI. New jobs will emerge, and others will be transformed. We are monitoring the job market data closely for signs of these changes," Michelle Alexopoulos, a central...

Self employed woman Canada added 75,000 jobs in July, blowing past the 20,000 economists had forecast, and the unemployment rate fell to 6.4%. This is the lowest reading since July 2024, marking three straight months of decline. It's the kind of headline that makes the labour market sound like it's firing on all cylinders. Look past the topline number, though, and the picture gets more complicated. Private employers added 57,900 jobs and self-employment rose 44,400, while the federal government's own workforce shrank by 27,000 — meaning self-employment alone accounted for close to 59% of July's total employment gain. That distinction matters, because a self-employment job and a payroll job come with very different financial safety nets. Here's what the July numbers actually show, and what they mean if...

Key Highlights Canada added approximately 75,000 jobs in July 2026, significantly exceeding market expectations. The Unemployment rate declined to 6.4%, marking its lowest level in two years. Employment increased in both full-time and part-time positions. The strongest gains were concentrated in several service industries, while goods-producing sectors were more mixed. Wage growth remained an important Inflation indicator for the Bank of Canada. The stronger labour market suggests Canadian domestic Demand may be more resilient than previously feared. The report arrives shortly after Canadian headline inflation accelerated to 3.0% in July. Strong employment and higher inflation together could reduce the urgency for additional monetary easing. The Canadian dollar received support from the combination of stronger employment and firmer domestic economic expectations. Investors are now watching whether the employment improvement continues or proves temporary. Why Did Canada’s Jobs Market Suddenly Strengthen? Canada's labour market delivered one of its strongest surprises of the summer, with employment increasing by approximately 75,000 positions in July. The result was significantly stronger than the...

Thirteen jobs at a harbour authority are at risk after the loss of a cross-Channel ferry service left it facing a £3.5m loss of revenue.Poole Harbour Commissioners cited Brittany Ferries' "disappointing" decision to end the Barfleur passenger and freight service between Poole and Cherbourg.Brittany Ferries will operate the route between the two ports for the final time on 31 October, ending a link that has existed since 1985. The company said in June that the move was driven by its own financial challenges.AdvertisementAdvertisementAdvertisementAdvertisementCapt Brian Murphy, the commissioners' chief executive, said the news was "devastating" for affected staff."There is no good way to do this but there is a right way and our colleagues at risk of redundancy will be treated with the respect they fully deserve," he said."The loss of this cross-Channel service is a significant setback, but we will remain focused on maintaining the port and harbour's position as a key regional economic gateway."We will continue to explore new...

Canadian Prime Minister Mark Carney talks tough when it comes to Trump and trade, but early info from the latest negotiations suggest Canada may be bending the knee to Washington. No matter what kind of deal is reached, Dave McKee warns that jobs will be lost. | Sammy Kogan / The Canadian Press via AP At the end of Charles Dickens’ A Christmas Carol, a reformed Ebenezer Scrooge leans out his window and asks a passing child, “You boy, what day is this?” These days, working people in Canada are likely to lean out their windows each morning and ask, “You there, is there a trade deal with the U.S. or not?” For much of the summer, public discourse was full of reports, updates, and speculation about Canada’s trade talks with the U.S., which could more accurately be described as a panicky scramble by Ottawa to secure a deal ahead of Donald Trump’s arbitrary deadline for another punishing round of 50% tariffs. On Aug. 18,...

British ColumbiaA company spokesperson says Corus has made a "small number" of changes in select markets including jobs at Global B.C., Global National, News 640 and talk radio.Company cut dozens of jobs earlier this yearThe Canadian Press · Posted: Aug 20, 2026 11:15 AM EDT | Last Updated: 1 hour agoListen to this articleEstimated 1 minuteThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.The Corus logo at Corus Quay in Toronto is shown on Friday, June 22, 2018. (Tijana Martin/The Canadian Press)Corus Entertainment is making cuts at its TV and radio operations.A company spokesperson says it has made a "small number" of changes in select markets including jobs at Global B.C., Global National, News 640 and talk radio. They say the changes are difficult but necessary to ensure its teams are structured in a sustainable way, while minimizing disruption to local...

At the very last minute on August 19, President Trump paused the new 50 percent tariffs on selected Canadian exports. Following ongoing negotiations between the two countries, they are now set to take effect at 12:01 am this Saturday if no final arrangement is reached. While the situation is fast-moving and there are various reports that some sort of agreement will be reached, with a measure of tariff relief for at least some sectors, it’s worth considering the implications of what happens if the 50 percent tariffs are enacted. There has been plenty of analysis of what Canada should or shouldn’t do in response, and what it should or shouldn’t agree to at the negotiating table. There has been much less analysis done on what these new tariffs might mean for jobs across the country. ...

Moving countries is hard. Looking for work while adjusting to a new place can make it feel even harder. When I moved to Canada as a permanent resident (PR) in 2022, I did not have a job lined up. Like many newcomers, I had to start from scratch to understand a new labour market, a new style of resume, and a new set of expectations from employers. Schedule a Free Work Permit Consultation The good news is that Canada does offer resources to help newcomers find work. And in some provinces, like Ontario, steps have been taken in recent years to reduce common barriers newcomers face in the job hunt. Here are some things that helped me land my first job in Canada. 1) Contact a settlement service early One of the most helpful things I did was connect with a settlement service soon after arriving. Canada has different free services for newcomers, and some specialize in employment support. The organization I reached out to assigned me...