Fort McMurray will enter uncharted territory when it starts reconstructing houses and businesses destroyed by last month’s wildfire. The fire forced the evacuation of 94,000 people, shut down half of the region’s oil production and destroyed 2,400 homes and businesses. Rebuilding Fort McMurray will need to be a coordinated approach between construction companies, insurance companies, … Read More »
Experienced Managers Are Displaced and Young Workers Are Underemployed
Recent job losses in Central Canada have had a positive and negative effect on BC’s labour force. Particularly due to Alberta’s economic slump, there are many experienced operations managers, superintendents, plant managers, and construction managers considering making a change as poorly performing companies will look to cut … Read More »
Zongshen is a Chinese engineering firm specializing in manufacturing vehicles like motorcycles, ATVs, tractors and more. With a yearly output of over 1 million motorcycles in 2015, Zongshen is
among the top five motorcycle manufacturers in China, and partner to brands like Harley Davidson and Piaggio. Over 30% of the company’s motorcycles … Read More »
Unemployment in BC has been at a record low since December last year. In an impressive upswing, the British Columbian economy has been topping provincial growth rankings in 2015. While the Labour Market has been weak for this first half of 2015, low gas prices have helped boost consumer spending to offset that deficit.
Further gains … Read More »
Alberta’s Volatile Oil Industry
Alberta has been enjoying the boom of the oil industry for the past decade. However, this changed over the course of a night when oil prices dropped. This caused a chain reaction in other industries which has caused a series of problems for the province.
Around October 2014, the falling prices of crude … Read More »