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Entrepreneurial Stamina - Make sure you have what it takes to start a business - Part 1 of 2
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June 2013 - Welcome to the latest edition of The Payroll News. As always, please feel free to forward this newsletter to your friends and associates who are interested in keeping up with the latest changes in the Payroll industry. Or better yet, subscribe them for free using the Tell Others About Us link.
What's New in Canadian Payroll
Listed here are recent changes in legislation on Federal and Provincial levels that may impact your payroll calculations. Please view the following list for changes that affect your region.
June 9, 2013 - Harper Government Announces Employment Insurance benefit for parents of critically ill children available today - The Honourable Diane Finley, Minister of Human Resources and Skills Development, announced today that the new federal income support for parents of critically ill children is now available through the Employment Insurance (EI) program. The new Parents of Critically Ill Children (PCIC) benefit will provide up to 35 weeks of temporary income support to eligible parents who take time off work to provide care or support for their critically ill or injured child under the age of 18. (Full Story)
June 7, 2013 - Government of Canada invests to help recent graduates get jobs - The Government of Canada announced funding to help a recent graduate in North Bay to gain the skills, knowledge and experience needed to enter and succeed in the job market. The announcement was made by Jay Aspin, Member of Parliament for Nipissing-Timiskaming, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development. "Our government's top priorities are creating jobs, economic growth and long-term prosperity," said Mr. Aspin. "The Government of Canada's Youth Employment Strategy is helping youth develop the skills and gain the experience they need to get jobs now and prepare for the workforce of tomorrow." (Full Story)
June 3, 2013 - The Harper Government Takes Additional Steps to Help Small Businesses Prosper - The Honourable Gail Shea, Minister of National Revenue, and Minister for the Atlantic Canada Opportunities Agency, on behalf of the Honourable Ted Menzies, Minister of State (Finance), today met with business owners in Dartmouth, to highlight the vital role that small businesses play in supporting the economy and job creation, and how the Harper Government's Economic Action Plan will help them grow and succeed. (Full Story)
May 28, 2013 - Minister Menzies to Promote Canadian Jobs and Growth at OECD - The Honourable Ted Menzies, Minister of State (Finance), will attend the Ministerial Council Meeting of the Organisation for Economic Co-operation and Development (OECD) in Paris from May 29-30 to encourage structural reforms aimed at creating jobs and growth. The OECD meeting will focus on global economic challenges and the actions being taken to implement structural reforms that boost growth and competitiveness, create jobs and develop skills. Canadian leadership in these areas is demonstrated through actions taken in Economic Action Plan 2013, which includes sustainable, long-term investments in public infrastructure, introduces an innovative new program to match the skills training Canadians are receiving with the needs of employers, opens new markets for Canadian exporters, and encourages international trade and investment. (Full Story)
May 10, 2013 - Canada's Labour Minister Discusses Labour Relations Landscape with Human Resources Professionals - The Honourable Lisa Raitt addressed the Davis LLP national Employment and Labour Law Conference, speaking about the current state of Canadian labour relations. The annual conference brings together senior human resource professionals to share experiences and insights on a range of labour relations topics. Minister Raitt spoke about workplace trends and practices. (Full Story)
May 1, 2013 - Governments must take action to strengthen the Canada Pension Plan - It's time for federal, provincial and territorial governments to take concrete steps to strengthen the Canada Pension Plan (CPP), says Finance, Energy and Municipal Affairs Minister Wes Sheridan. Minister Sheridan addressed the Canadian Labour Congress in Ottawa on Monday. He told the group that work must now be started to implement a modest, phased-in, fully-funded enhancement to the Canada Pension Plan. (Full Story)
April 1, 2013 - Employment Insurance Reconsideration Process - As of April 1, 2013, the Board of Referees and Umpire levels of appeal for Employment Insurance (EI) Commission decisions were replaced by the Social Security Tribunal. If you disagree with an EI decision, as a claimant, employer or other person who is affected by the decision, you have the right to request a reconsideration. If Service Canada makes a decision on your application for EI benefits that you do not agree with, such as benefits being refused, a request for repayment of benefits, or a warning letter has been issued or a penalty imposed, you can request a reconsideration of that decision. This process is mandatory prior to lodging any appeals to the Social Security Tribunal General Division. (Full Story)
June 3, 2013 - WCB Alberta Annual Report - Alberta WCB has released the 2012 Annual Report. This 84 page report is available as a PDF and is downloadable from the WCB Alberta website. The workers compensation system provided protection for over 154,000 employers and over 1.9 million workers in 2012. (Full Story)
May 30, 2013 - Alberta's minimum wage up 2.1 per cent September 1 - Alberta's general minimum wage will increase by 2.1 per cent on September 1 representing an increase from $9.75 per hour to $9.95 per hour. There will be no change to the liquor server minimum wage, which will remain at $9.05 per hour. The 20-cent increase to the general minimum wage is based on a formula initiated by government in 2011. (Full Story)
May 27, 2013 - International agreements help Alberta businesses expand - The Redford government will sign a series of research, innovation and investment agreements with European partners. Minister of Enterprise and Advanced Education Thomas Lukaszuk said: "Expanding international markets for Alberta innovations is an important part of diversifying our economy, Alberta invests millions of dollars each year into research and innovation and this mission will help Alberta companies access new opportunities, grow their businesses, and create new jobs. (Full Story)
May 6, 2013 - Clearances now available through myWCB - Alberta's WCB continues to expand and improve myWCB online services, and they have introduced some changes to their online clearance application. Users will now have access to clearances through their myWCB menu of services. New features include extend hours of service, user friendly navigation and the ability to save one or more contractor lists. (Full Story)
May 1, 2013 - Alberta youth learned about workplace safety through annual video contest - Three student teams were recognized for their work in the 5th Annual Work Safe Alberta student video contest. The video contest was the kick-off to North American Occupational Safety and Health Week, that ran from May 5-11. The week aims to focus employers, employees, partners and the public on the importance of preventing injury and illness in the workplace, at home and in the community. (Full Story)
April 24, 2013 - Alberta Works Week connects Albertans with career and employment opportunities - Alberta Works Week includes more than 80 events around the province to help Albertans reach their career and employment goals. "Alberta Works Week provides all Albertans with an opportunity to pursue their potential and contribute to Alberta's economy," said Human Services Minister Dave Hancock. "I encourage Albertans - including employers - to discover the free services and supports available to connect job seekers to employment and discover how to build rewarding careers." (Full Story)
April 19, 2013
- Redford government to make new pension options available to Albertans
- Working Albertans will soon have access to a new retirement savings
tool under newly introduced pooled registered pension plan legislation.
Bill 18, the Pooled Registered Pension Plans Act, will allow employers,
employees and the self-employed to access pooled registered pension plans.
These large, defined contribution plans will be professionally managed
by plan providers, such as banks and insurance companies, and will be
open to any employer or to individuals. (Full
April 15, 2013 - Skills and Training Plan sets the stage for 2013 - In September 2012, the government launched a Skills and Training Plan to expand and align skills training programs with economic opportunities throughout the province to ensure British Columbia has a workforce with the right skills, in the right places, at the right times. This plan will continue to drive decision making in 2013. (Full Story)
April 15, 2013 - B.C. Auto industry focuses on safety and sustainability - Government has invested $100,000 in a Labour Market Partnerships Program agreement with the Automobile Retailers Association (ARA) and its automotive industry partners to undertake labour market research to identify the future labour needs of the sector. The study is the first of its type in British Columbia to determine future skilled labour needs for the automotive sector. This project was funded through the Canada-British Columbia Labour Market Development Agreement (LMDA). (Full Story)
April 13, 2013 - Attendance at BC job fairs tops six figures - More than 134,000 British Columbians attended the BC Jobs Start Here job fairs to connect with employers and learn more about the job opportunities and skills-training tools and resources available in B.C. Final tally for the provincewide fairs was; 47 job fairs in 42 communities with 134,156 attendees. Exhibitors at each fair included employers from a range of sectors, post-secondary institutions, industry associations, training authorities and local WorkBC Employment Services Centres. (Full Story)
April 9, 2013 - Multi-million dollar investment extends youth employment program - The Province of B.C. is investing $4,990,536 to extend a successful youth employment program to March 31, 2014, which will allow an additional 1,153 participants to take part in the program. The Youth Skills BC - Workplace program, also known as the Get Youth Working program, encourages employers to provide younger workers with a combination of work experience and training so they can earn a wage while building their work experience and learning new skills. (Full Story)
April 5, 2013 - Job numbers consistent with national trend - Along with the majority of Canada, B.C. experienced a decline in full-time employment in March. Jobs declined by 14,800, with full-time employment dropping by 22,400, partially offset by the gain in part-time employment of 7,500. B.C.'s average hourly wage rate in March was up by 1.2 per cent compared with March 2012. For B.C. youth under 25, the average hourly wage in March was up by 6.1 per cent compared with March 2012. (Full Story)
May 10, 2013 - Province Announces Winners of Inaugural SAFE Work Awards - The inaugural SAFE Work Awards were presented today, recognizing employers and workers who have demonstrated success or innovation in making their workplaces safer. Workplace Safety and Health (WSH) and the Workers Compensation Board (WCB) developed the SAFE Work Awards program to recognize individuals and groups who demonstrate ongoing commitment to making our workplaces and province safer and healthier. (Full Story)
May 6, 2013 - WCB's 2012 Annual Report Reveals Service Enhancements and Stable Rates - The Workers Compensation Board of Manitoba (WCB) released its 2012 Annual Report today. It was highlighted by stable rates, strong investment returns and innovative service enhancements for workers and employers. The WCB also released its 2013-2017 Five Year Plan. The WCB was able to maintain the 2012 average assessment rate at $1.50, the second lowest rate among Canadian WCBs. The WCB announced that the rate would remain stable in 2013. The time loss injury rate, which has plateaued for the past three years, is 3.3 per 100 full time workers. (Full Story)
May 5, 2013 - Manitoba Supports Workers, Families Affected By Workplace Injury - Manitoba will provide $10,000 to Threads of Life, a non-profit organization that supports workers and families affected by workplace injuries and illnesses, Family Services and Labour Minister Jennifer Howard announced today at an event in Kildonan Park. "Workers and families affected by workplace injuries truly benefit from the compassionate and specialized supports available through Threads of Life," said Howard. "We believe every worker in Manitoba deserves to go home safely but, until that goal is a reality, it's important to know there is an organization staffed by caring volunteers to support workers and their families." (Full Story)
May 3, 2013 - Investing In Economic Opportunities, Jobs, Innovation In Rural Manitoba Through Partner 4 Growth Program - The province is investing in greater economic opportunities and jobs for rural Manitoba families and their communities through the Partner 4 Growth program, Agriculture, Food and Rural Initiatives Minister Ron Kostyshyn announced today. "Partner 4 Growth is a program focused on partnerships between the province and rural Manitoba communities to provide families with more opportunities and jobs. We're looking for projects that are innovative, that will build our rural communities and help them find new ways to grow their regional economies," Kostyshyn said. (Full Story)
April 29, 2013 - Proposed Legislative Amendments Would Strengthen Worker Safety In Manitoba - Proposed amendments to the Workplace Safety and Health Act would make Manitoba's safety and health laws among the strongest in Canada, Family Services and Labour Minister Jennifer Howard announced today. "Manitoba has some of the strongest health and safety laws in Canada," said Howard. "These amendments will give us new tools to make sure workers are safe and that we are working with employers and employees to prevent workplace injury and illness." (Full Story)
April 23, 2013 - Budget 2013: Creating More Opportunities Through Training And Jobs - Budget 2013 will help more Manitobans train for and access better jobs with new apprenticeship opportunities and supports for those who are ready to work, Entrepreneurship, Training and Trade Minister Peter Bjornson announced today. The provincial government will target $800,000 to create more than 100 new apprenticeship training seats for skilled trades that are needed by Manitoba companies including training for railway car technicians, diesel engine mechanics and power line technicians. The minister noted that these new apprenticeship opportunities are another step toward meeting the province's goal of adding 75,000 workers to Manitoba's labour force by 2020. (Full Story)
June 6, 2013 - Atlantic premiers examine changes to Employment Insurance - The premiers of the Atlantic provinces are moving forward on their commitment to review jointly the impact of the federal government's recent changes to the Employment Insurance. "This is an important issue for all Atlantic Canadians," said Nova Scotia Premier Darrell Dexter, chair of the Council of Atlantic Premiers. "The Employment Insurance system has a significant impact on ensuring a stable workforce, which is an important part of our ability to grow the economy and attract new jobs to Atlantic Canada. It is vital we have a full understanding of the implications the reforms are having on workers, employers and communities." (Full Story)
June 5, 2013 - Province improving daycare accessibility and wages for early learning educators - The Day Care Assistance Program, educator wages, training, co-ordination, autism intervention, and the support worker program will be improved for New Brunswickers as a result of an additional investment of more than $6 million in early childhood development. Starting Oct. 1, families with an annual income less than $27,000 will be eligible for the maximum full daycare subsidy, up from $25,000; and the eligibility ceiling for the subsidy will rise to those with an annual family income of $50,000, up from $45,000. (Full Story)
May 22, 2013 - Provincial government strengthening Employment Standards Act - The provincial government introduced today amendments to strengthen the Employment Standards Act. They will improve enforcement measures available to employment standards officers to ensure better compliance with the legislation. "Through our amendments, we are modernizing our Employment Standards Act," said Post-Secondary Education, Training and Labour Minister Danny Soucy. "The amendments are intended to protect all employees while providing a fair and enhanced administrative process for employers to remain accountable. (Full Story)
May 2013 - One-Job Pledge initiative helping Moncton companies - The One-Job Pledge initiative is garnering a great deal of interest from graduates and employers alike. It helps businesses create quality jobs and new opportunities for recent graduates in the province. One-Job Pledge is an investment in young New Brunswickers as well as in New Brunswick businesses that are poised to grow despite challenging economic circumstances. (Full Story)
May 9, 2013 - Government introduces significant changes to MLA and ministerial salaries - Salaries of MLAs and cabinet ministers will be frozen for a fourth consecutive year under legislative amendments introduced today. In addition, under the changes to the Executive Council Act and the Legislative Assembly Act salary changes for MLAs and ministers will be the same as those adopted in other areas of the public service, specifically, for management and non-union employees. The amendments will retroactively freeze salaries for MLAs and ministers for 2012, representing a wage freeze of four years. Their salaries have been frozen since 2008. (Full Story)
Newfoundland and Labrador:
June 11, 2013 - Applications Available for Community Enhancement Employment Program - The Honourable Kevin O'Brien, Minister of Municipal Affairs, announced today that the Provincial Government is accepting applications from organizations interested in sponsoring projects funded under the Community Enhancement Employment Program. The program provides funding to community-based organizations that sponsor and manage projects. Eligible sponsors include towns, Inuit community governments, regional municipalities, local service districts, community and economic development organizations and other non-profit organizations. (Full Story)
June 6, 2013 - Atlantic Premiers Examine Changes to Employment Insurance - Atlantic Provinces are moving forward on their commitment to jointly review the impact of the Federal Government's recent changes to the Employment Insurance (EI) Program. This regional consultation and research initiative was announced by Atlantic Premiers after their meeting in White Point, Nova Scotia, in April. The Atlantic Premiers' Panel on Impacts of Changes to Employment Insurance is comprised of a representative from each Atlantic province. The panel will work throughout the summer to analyze impacts of the changes in preparation for consultations in September. A final report by the Atlantic Premiers' Panel is anticipated in October. (Full Story)
May 23, 2013 - One-Stop Employment Services Begin June 1 - On June 1, the Department of Advanced Education and Skills will assume responsibility for employment services throughout the province. This move will provide a flexible and accessible one-stop system, ensure effective and responsive services and help secure employment opportunities for Newfoundlanders and Labradorians. Currently, most EI-eligible individuals have to work with both a third-party service provider and an Advanced Education and Skills office to obtain many of the supports needed for training, upgrading, work experience, and employment. (Full Story)
May 3, 2013 - Ministers Reaffirm Budget 2013 Commitments for a Skilled Workforce in Labrador - The Government of Labrador today reaffirmed their commitment to building a skilled workforce in Labrador. Through Budget 2013: A Sound Plan, A Secure Future the Provincial Government is helping to ensure the people of Labrador have access to the most effective, efficient and affordable programming possible - including Adult Basic Education (ABE). (Full Story)
April 19, 2013 - WHSCC reports workplace injury rates for 2012 - The workplace injury rate in 2012 declined to the lowest level ever recorded in the province, at 1.6 lost-time injuries per 100 workers, down from 1.8 injuries per 100 workers in 2011. The total number of lost-time injuries in 2012 was 3,742, the lowest number reported in more than 50 years. Workplace safety for young workers improved significantly in 2012. The lost time incidence rate for young workers aged 15-24 declined to 1.4 injuries per 100 workers, down from 1.7 in 2011. (Full Story)
April 12, 2013 - College of the North Atlantic Changing to Meet Skilled Labour Demand - To ensure existing programs are run more effectively and efficiently, the delivery of programming at College of the North Atlantic is evolving so that the college is responsive to a growing demand for skilled labour in Newfoundland and Labrador. As part of improving the effectiveness of service delivery and responding to the growing need for skilled labour, College of the North Atlantic will be looking at opportunities to introduce new programs at campuses across the province that meet new and emerging regional and provincial labour force needs. (Full Story)
June 11, 2013 - Province Acts to Better Protect Workers' Workplace Safety - Labour and Advanced Education Minister Frank Corbett announced details of the actions at the annual Davis Day ceremony, which pays tribute to miners who have been injured or died on the job. The province is strengthening regulations, increasing accountability through better public reporting, making consequences for law-breakers harsher, targeting more surprise inspections and launching a public education campaign. (Full Story)
June 10, 2013 - Province Supports Local, Growing Company, More Rural Jobs - A Hantsport-based manufacturing company is expanding its business and creating more than 30 jobs in the Annapolis Valley. The province is supporting CKF Inc.'s plan to purchase new machinery and upgrade equipment. This investment is another example of the jobsHere plan in action, as the province supports businesses that can compete on a global scale. (Full Story)
June 6, 2013 - Premiers Examine Changes to Employment Insurance - Atlantic Provinces are moving forward on their commitment to jointly review the impact of the federal government's recent changes to the Employment Insurance (EI) program. "This is an important issue for all Atlantic Canadians," said Premier Darrell Dexter, chair of the Council of Atlantic Premiers. "The EI system has a significant impact on ensuring a stable workforce, which is an important part of our ability to grow the economy and attract new jobs to Atlantic Canada. It's vital we have a full understanding of the implications the reforms are having on workers, employers and communities." (Full Story)
May 31, 2013 - Province Supports Nova Scotia Families, Protects Good Jobs - The province, Register.com and the Nova Scotia Community College are joining forces to maintain and create hundreds of well-paying, long-term jobs in southwest Nova Scotia, and to ensure workers have the skills to succeed in those jobs. With the province's support, Register.com plans to create up to 100 new jobs, with at least 60 of those in the Yarmouth area. (Full Story)
May 22, 2013 - Province, Businesses Create Jobs Here for Students - The province is teaming up with businesses to help recent graduates stay in Nova Scotia through student employment programs. "We all want our graduates to have the opportunity to stay and build their futures here in Nova Scotia," said Education Minister Ramona Jennex, on behalf of Economic and Rural Development and Tourism Minister Graham Steele. "Without innovative programs like the Co-operative Graduate Placement Program that gives graduates the chance to apply their new skills with Nova Scotia companies, we would see more of our young talent leave the province." (Full Story)
May 3, 2013 - Province Takes Steps to Protect Offshore Workers - The province is moving forward with legislation to better protect Nova Scotian offshore oil and gas workers. Energy Minister Charlie Parker today, May 3, introduced proposed amendments to the Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation (Nova Scotia) Act to establish one set of occupational health and safety rules for offshore energy workers. (Full Story)
April 22, 2013 - Businesses Creating More Jobs, Exporting More - Nova Scotia businesses are creating more jobs, getting more competitive, more innovative and helping grow the Nova Scotia economy. Today, in Sydney, Nova Scotia Business Inc. (NSBI) released progress results for the five-year period up to March 31, 2012. The results highlight the job creation, exporting and investment success of businesses across the province. (Full Story)
June 8, 2012 - Protecting Vulnerable Workers - In May 2009, Ontario passed legislation to ensure that temporary help agency employees are being treated fairly. Since 2010, about 150 temp agencies have been inspected through the ministry's Employment Standards Program, resulting in 115 orders issued to employers. About $170,000 was recovered on behalf of 3,000 employees in Ontario. (Full Story)
June 7, 2013 - Ontario Gains 50,600 Jobs in May - The Ontario government's focus on creating jobs and growing our economy continues to get results. In May, the province gained 50,600 jobs. Youth employment rose by 20,200 jobs. The number of jobs in Ontario has increased 452,500 net jobs from a low in June 2009, with full-time employment up 477,500. This means Ontario has recovered all the jobs lost during the recession and continues to outpace the United States and Great Lakes region in job creation since 2009. (Full Story)
June 5, 2013 - Giving New Teachers the Tools for Success - Ontario is modernizing teacher education to help new teachers get jobs and provide students with the best possible education. Working in partnership with the Ontario College of Teachers, the province plans to double the time students spend in teacher's college starting in September 2015. The enhanced program will extend learning time from two semesters to four semesters and give future teachers more practical experience by increasing classroom placements from a minimum of 40 days to a minimum of 80 days. (Full Story)
May 28, 2013 - Ontario Helps Young Entrepreneurs Launch Own Companies - Ontario is helping promising young entrepreneurs kick-start their business ideas through the Young Entrepreneurs, Make Your Pitch competition. Competition winners were announced today at OCE Discovery in Toronto. The six successful high school students will receive $750 towards their postsecondary education from Desire2Learn and a reserved spot in Ontario's Summer Company program. (Full Story)
May 24, 2013 - Ontario Helps Social Enterprises Create Jobs and Strengthen Communities - The Ontario government is launching the country's first microloan fund to help social enterprises -- businesses that have a positive social, cultural, or environmental impact while generating revenue -- create more jobs and strengthen local communities. The province has partnered with the Centre for Social Innovation, TD Bank Group, Microsoft Canada, Alterna Savings, KPMG and Social Capital Partners to launch the Ontario Catapult Microloan Fund. Under the fund, social enterprises that help solve a social, environmental, cultural or economic problem, such as youth unemployment, may qualify for a loan of $5,000 to $25,000 and support services like mentorship. (Full Story)
May 14, 2013 - Supporting Small Businesses in Eastern Ontario - Premier Kathleen Wynne visited Anchor Concrete in Kingston today, where she highlighted the government's commitment to supporting small businesses, allowing them to create more jobs and support regional economic growth. The new 2013 Budget includes an increase to the Employer Health Tax (EHT) exemption, which would bring relief to small businesses and make it easier for them to hire new employees. (Full Story)
May 10, 2013 - Ontario Gains Full-Time Jobs in April - Ontario's economy continues to grow stronger, gaining 3,800 net new jobs in April. Full-time employment was the largest contributor to the April job gain, increasing by 17,600 jobs. Since June 2009, Ontario has created 401,900 jobs, exceeding the number of jobs lost in the recession by 136,100. And the province continues to outpace the United States and all the Great Lakes states in job creation. (Full Story)
Prince Edward Island:
June 6, 2013 - Atlantic Premiers examine changes to Employment Insurance - Atlantic Provinces are moving forward on their commitment to jointly review the impact of the federal government's recent changes to the Employment Insurance (EI) Program. This regional consultation and research initiative was announced by Atlantic Premiers after their meeting in White Point, Nova Scotia, in April. The Atlantic Premiers' Panel on Impacts of Changes to Employment Insurance is comprised of a representative from each Atlantic province. (Full Story)
May 13, 2013 - Workers, employers invited to upcoming Employment Standards - Island workers and employers are invited to learn about Prince Edward Island's labour laws at upcoming seminars on the Employment Standards Act, says Environment, Labour and Justice Minister Janice Sherry. A variety of topics will be covered including Vacation Pay, Statutory Holidays, Special Leaves, Notice of Termination, Wage Recovery, Overtime, Reporting Pay and other areas of interest. (Full Story)
May 08, 2013 - WCB launches 2013-2015 Strategic Plan - The WCB is pleased to announce the release of their Strategic Plan for 2013 - 2015, and have thanked everyone who contributed to its development. The plan was built upon a foundation of research, consultation and partnership with stakeholders in order to effectively meet the safety and compensation needs of Island workplaces. The Strategic Plan maps out the future course for the organization and guides the work that they will do on behalf of stakeholders. (Full Story)
April 29, 2013 - Atlantic Workforce Partnership Supports Skilled Trade Apprenticeship - An initiative to create a common, regional approach to apprenticeship announced today by Atlantic premiers will mean greater mobility and a stronger labour force that supports Atlantic Canada's growing economy. Through this initiative, Atlantic Canada will lead the nation in its approach to harmonize apprenticeship programs. The Atlantic Workforce Partnership was created by the Council of Atlantic Premiers. Through the Partnership, premiers are working together to strengthen the region's labour force and create jobs by making Atlantic Canada more attractive to new and growing businesses. (Full Story)
April 25, 2013 - Graduate Mentorship Program welcomes employer applications - The Government of Prince Edward Island is pleased to launch a new round of the Graduate Mentorship Program, says Minister of Innovation and Advanced Learning Allen Roach. The Graduate Mentorship Program was introduced in 2012, in an effort to attract and retain Prince Edward Island's educated graduates. The first intake of the Graduate Mentorship program resulted in opportunities for more than 80 Island post-secondary graduates in a variety of fields. Employers benefit as well from being able to attract and mentor local talent. (Full Story)
June 11, 2013 - Record Number Of Saskatchewan Job Opportunities In May - If you're searching for a job, Saskatchewan is still the place to look. A record 17,767 jobs were posted on the popular saskjobs.ca website in May 2013, an increase of 5.89 per cent over the same period last year. The previous high was 17,398 jobs in August 2012. Nearly a third of the job postings were in the sales and service category (5,804), followed closely by vacancies in the trades, transport and equipment operators category (5,744). Of the postings, 842 were identified as summer student positions. (Full Story)
June 7, 2013 - More People Working Than Ever Before - Saskatchewan's job numbers hit a record in May according to new figures released by Statistics Canada today with 560,900 people employed in the province (seasonally unadjusted). The 560,900 people working in Saskatchewan during May was the highest ever and beats the old record of 549,100 set last August. Job numbers were 2.7 per cent higher than last May and the second highest percentage increase among Canadian provinces. Jobs were up by 1.4 per cent on a national basis. (Full Story)
May 29, 2013 - Saskatchewan Wage Increases Highest In Canada - Saskatchewan led the country in wage increases in March, with average weekly earnings rising 5.5 per cent compared to the previous year, according to Statistics Canada. Saskatchewan's increase was the highest among the provinces and well above the 3.1 per cent national average. In March 2013, average weekly earnings were $967.20 (seasonally adjusted) the second highest weekly rate in Canada. (Full Story)
May 16, 2013 - Strong Economy, Balanced Budget, New Employment Act Highlight Legislative Session - Premier Brad Wall said a balanced budget, continued economic strength and a new Saskatchewan Employment Act that modernizes the province's labour legislation were the highlights of the 2012-13 legislative session which wraps up today. "Saskatchewan just set an all-time high for job creation in April and we have the lowest unemployment rate in Canada," Wall said. "We are closing in on 1.1 million people and our economy is leading the nation. It's a great time to be in Saskatchewan." (Full Story)
May 14, 2013 - Saskjobs.ca Strong Resource For Summer Students - Employment opportunities in Saskatchewan continue to be plentiful - the busy Saskjobs website saw an increase in job vacancies of 9.26 per cent in April over March and an increase of 12.58 per cent year-over-year. Postings for summer jobs are abundant as well with close to 5 per cent of the postings in April targeted for students. The majority of job postings in April were in the trades, transport and construction (35.2 per cent) and sales and service (30.5 per cent) categories. (Full Story)
April 18, 2013 - EI Claims Drop For Fourth Consecutive Month - The number of people collecting employment insurance benefits in Saskatchewan continued to drop in February according to figures released by Statistics Canada today. Initial and renewal claims dropped by 8.0 per cent between February 2012 and February 2013, the second highest percentage drop among the provinces. The number of regular EI beneficiaries dropped 5.8 per cent on a year-over-year basis. There were declines for youth (8.1 per cent) and workers aged 25-54 (6.4 per cent) over the same period. (Full Story)
April 9, 2013 - Saskjobs.Ca Strong Resource For Both Job Seekers And Employers - Employment opportunities in Saskatchewan continue to be abundant as evidenced by the number of job seekers from Saskatchewan and around the world who continue to access saskjobs.ca for employment opportunities in the province. In March 2013, there were 1,113,954 visits to the website, up by 11.8 per cent from last March. There were 15,985 jobs posted in March 2013. (Full Story)
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Entrepreneurship and in particular small, owner-operated businesses have always been a driving force in our economy. Manitoba for instance, thrives on thousands of small businesses, many of them family owned. Yet at the same time, entrepreneurship seems to ebb and flow with the economy. For instance, when job loss is high and job opportunities are seemingly limited, self-employment rises. This phenomenon has borne itself out again with the recent announcement that Canada's economy lost 55,000 jobs in March 2013, while the number of self-employed people increased by 39,000.
I recognize that many people who are suddenly laid off have been dreaming of starting their own business for quite some time. Perhaps the opportunity to invest a severance package was just what they needed. Others of course, start up their business as a last resort after a frustrating and lengthy job search and/or after experiencing general frustration in their career.
Self-employment and/or entrepreneurship certainly weren't on my mind when I started my consulting business many years ago. I was terribly frustrated in my education career and later while consulting with large, national service firms, I felt I didn't have control over my career. I, too, turned to self-employment in order to find job satisfaction.
Being a small business owner is very satisfying and rewarding. It's multifaceted, fast paced and challenging. You meet hundreds of people, work on a multitude of different projects and have an opportunity to develop a very broad spectrum of friends, acquaintances and, of course, customers.
However, starting a new business in today's global economy is indeed challenging. After all, the financial markets are still fluctuating, some industry sectors are scrambling for talented staff, money is tight and technology is becoming outdated at lightening speeds. Not only that, customers are more demanding than before and with access to the Internet, competition is no longer simply our local market. As you can expect, newly established entrepreneurs often struggle for a long period of time.
One alternative to starting a new business is to take over an established business and with current statistics suggesting 60 per cent of small business owners are over the age of 50, it seems there should be plenty of opportunity.
Locating business opportunities might be harder than you think because most entrepreneurs are not overly eager to advertise their interest in selling. One of your best bets is to start your search by approaching commercial lawyers, commercial loans officers and/or get a referral to a partner in an accounting firm. Another source is to seek out a well-known business broker.
Once you have an opportunity in hand, you need to do a series of due diligence activities. Be sure to involve your lawyers, accountants and business advisers to examine all aspects of your potential purchase. Unfortunately, many business purchasers neglect to examine the current and potential human resource issues that can arise. For instance, if the owner will be leaving, how many staff could remain that have the expertise you need to continue? What are the age demographics and skill levels? Will the skills meet your future needs? How open might the current employees be to the potential changes you will be implementing? Are the employees considered high performers? Finally, how will you manage the transition of the employees you wish to stay with your new organization?
Return next issue for the completion of this article!
Source: Canada's Small and Medium sized Business Owners: Diverse Society in Microcosm. TD Bank, October 2012 Canada loses 54,500 jobs in March Jobless rate ticks higher to 7.2% as private-sector hiring slumps, CBC online news April 5, 2013.
Article courtesy of Barbara Bowes - Barbara J. Bowes, FCHRP, CMC, CCP, M.Ed., is president of Legacy Bowes Group. She can be reached at firstname.lastname@example.org