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Economic Development

This category contains 18 posts

Ontario’s Economy Boom

Ontario is expected to lead economic growth in Canada according to Canada’s big banks.           Statistics Canada recently announced that Ontario’s unemployment rate is at 5.8% – the lowest it has been in 16 years. Ontario has added almost 100,000 full-time jobs in 2017 and part-time jobs have decreased by 10,200. … Continue reading

DREN’s Disability Summit

Durham Region Employment Network (DREN) brought together over 100 community members to co-create a Community Roadmap to Employment for Youth with Barriers to Employment. Durham Region employment service providers, community agencies, educators, employers, persons with disabilities, municipalities, funding organizations, parents and politicians all contributed to the creation of the Roadmap. The Durham Region Unemployed Help … Continue reading

Small Business Success

Approximately 40% of businesses in Canada have fewer than 100 employees. It is commonly recognized that small businesses are the backbone of the Canadian economy. A Globe & Mail article highlights the findings of the Scotiabank Global Economics Special Report on Small Business. The report indicates that small businesses have helped with the labour market … Continue reading

Pulse Production in Canada

India’s rising incomes, increased popluation and a growing desire to eat plant based protein is driving the demand for pulses, including lentils and peas. The Prairies’ dry, fast draining soil and short growing season is perfect for growing pulses. Canadian pulse farmers, primarily in Saskatchewan, are enjoying premium prices in world markets. The demand has … Continue reading

SIRC Centre at UOIT

Thanks to investments from the federal and provincial governments, the University of Ontario Institute of Technology has broken ground on what will be a $33.5-million state-of-the-art research facility. On October 18th, MP Celina Caesar-Chavannes made the announcement on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and by Granville Anderson, … Continue reading

Four Growing Sectors

An economic report, recently released by Scotia Bank, identifies the sectors that are leading job growth in Canada. The report indicates that Canada’s economy has been sluggish since the recession, experiencing only a 1.1% annual growth since 2009. Small businesses (less than 100 employees) have prevented further economic decline for Canada. Between 2010-2015, small businesses have … Continue reading

The Need For Newcomers

The demographic change in Canada’s aging population threatens to limit economic growth in Canada. Underutilized workers including persons with disabilities, women, youth, and older workers are all potential solutions to the looming demographic crisis. Another factor affecting the labour market is the shift into the Knowledge Economy. Most positions are now expected to require some … Continue reading

Collaborative Education

This past Spring, Durham College announced that the provincial government is providing $22 million in funding toward the construction of the Centre for Collaborative Education (CFCE) at the Oshawa campus. According to Minister of Research, Innovation and Science, MPP Reza Moridi, the funding represents the largest investment since 1967 – when the college first opened … Continue reading

Go Transit on the Move

Another sign that GO Transit is on the move. Clarington Council made the decision to buy a 34-acre property on the west side of Courtice Road – the cost is $2.7 million. The property will one day serve as the site of the future Courtice GO train station. While some councillors stated that the money … Continue reading

1000 New Jobs at GM

Last month, General Motors Canada announced a thousand new engineering jobs in Ontario, including in Oshawa. GM Canada president Steve Carlisle drove into the Oshawa engineering facility with Ontario Premier Kathleen Wynne and Prime Minister Justin Trudeau to make the announcement. Unifor president indicates that this is a sign that General Motors is not leaving … Continue reading