An article appearing in the online edition of last Tuesday’s Canadian Business magazine suggests that Vancouver stands to follow in Calgary’s footsteps and become an energy company magnet: The management of Canada’s oil and gas industry has become, over the past few decades, ever more concentrated in Calgary. To many, Imperial Oil’s 2005 move from Toronto sealed the deal. But that […]
Read moreCanadian energy producers exported over $120 billion worth of energy products in 2011, which constituted over 25 percent of the $462 billion worth of goods/services exported from Canada that year. The sizeable contribution made by the oil and gas sector to Canada’s export revenue helped shore up the value of the Canadian dollar, which enhanced Canadians’ purchasing power internationally and […]
Read moreThe annual TED (Technology, Entertainment and Design) conference, a gathering of some of the world’s brightest and most influential thinkers, will be moved to Vancouver in 2014 and 2015, it was announced on Monday. It is believed that the move will provide a major boost to Vancouver’s reputation as a first class global city and have peripheral benefits in the […]
Read moreA report released on Monday by the Conference Board of Canada, one of the country’s most respected public policy research organizations, predicts that mining in Northern Canada will support an additional 43,000 to 70,000 jobs in the region by 2020. The report estimates that the value of the annual output of mining activity in the North will grow at an […]
Read moreA comprehensive report on the challenges and opportunities of Canada’s oil sands by auditing giant Deloitte projects that the hydrocarbon deposits will contribute an estimated $2.1 trillion to Canada’s GDP over the next 25 years. The economic benefits of the added wealth include up to $783 billion in extra tax revenues over the period, which will provide a significant boost […]
Read moreThe Vancouver Sun reports that a group of Chinese-educated tutors are calling for British Columbia’s Education Ministry to raise math and science standards in the province’s public schools. The group of private tutors say that B.C. students are slipping compared to their Canadian counterparts and to students in other countries in international assessments of math and science aptitude, and this […]
Read moreToronto leads all Canadian cities with a score of 20.6 points in the most recent CWM Metropolitan Economic Activity Index, which rates the economic activity of Canadian cities according to nine economic variables selected by CIBC’s World Markets subsidiary. The indicators used in formulating the Index score include a city’s unemployment rate, population growth, bankruptcy rate and housing starts growth […]
Read moreA Statistics Canada report released last week shows Canadian immigrants continuing to experience lower employment rates than the general population, with the gap growing since the 2008 financial crisis. According to the report, the employment rate of immigrants aged 25 to 54 in 2011 was 75.6 percent, while that of Canadian-born residents was 82.9 percent. Both Canadian born residents and immigrants saw their employment rate fall between 2008 and 2011, […]
Read moreAccording to Statistics Canada’s population clock, Canada’s population passed 35 million last week, a notable landmark in the country’s developmental history, from a sparsely populated British colony in the 19th century to an emerging economic force in the world today. The data shows that the annual population growth rate in the country has averaged 1 percent over the last decade, […]
Read moreThe Mercer 2012 Quality of Life Ranking has again placed Vancouver as the top spot to live in Canada and the Americas. Beating out the West Coast city globally were Vienna, Austria (1st), Zurich, Switzerland (2nd), Auckland, New Zealand (3rd), and Munich, Germany (4th). Other Canadian cities lost points to Vancouver because of their colder climates which according to the […]
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