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Surge in newcomers putting pressure on inflation via housing demand: BoC official

by Anas Siddiqui
Surge in newcomers putting pressure on inflation via housing demand: BoC official

The recent surge in newcomers is adding to inflation through housing demand, a senior Bank of Canada official said Thursday, warning rental and home prices could continue to rise without …

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How nursing staffing agencies are costing Ontario hospitals untold millions

by Akin Smith
How nursing staffing agencies are costing Ontario hospitals untold millions

Hospitals across Ontario have dramatically ramped up their use of nurses from private staffing agencies to the tune of untold millions of dollars, according to the province’s auditor general. A …

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CBC/Radio-Canada to cut 10 per cent of workforce, end some programming as it faces $125M budget shortfall

by Anas Siddiqui
CBC/Radio-Canada to cut 10 per cent of workforce, end some programming as it faces 5M budget shortfall

The Canadian Broadcasting Corporation/Radio-Canada announced Monday that it plans to cut about 10 per cent of its workforce and axe some programming to cope with a potential $125 million budget shortfall. In …

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Ukraine faces mounting recruitment challenges as war with Russia nears 2-year mark

by Walter Watson
Ukraine faces mounting recruitment challenges as war with Russia nears 2-year mark

When Antonina Danylevych’s husband enlisted in the Ukrainian army in March 2022, he had to line up at the draft office alongside crowds of patriotic countrymen. There are no crowds …

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Spotify cutting 17 per cent of workforce in 3rd round of layoffs this year

by Walter Watson
Spotify cutting 17 per cent of workforce in 3rd round of layoffs this year

Music streaming giant Spotify said on Monday that it will lay off 1,500 employees, or 17 per cent of its workforce, to bring down costs, after letting 600 of its staff go …

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Time to ‘think outside the box’ to fix Yukon hospital staffing challenges, doctor says

by Akin Smith
Time to ‘think outside the box’ to fix Yukon hospital staffing challenges, doctor says

A doctor who works in Yukon says it’s time to find new ways to address the shortage in health-care workers — for example, by delegating more work to nurse practitioners or physician assistants. Dr. Kevin …

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Scotiabank profit falls as bank sets aside almost $1.3B to cover bad loans

by Anas Siddiqui
Scotiabank profit falls as bank sets aside almost .3B to cover bad loans

The Bank of Nova Scotia said its profit slumped in the fourth quarter for a variety of reasons, but a major one was a more than doubling in the amount …

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AI elevates focus on skills; Indian Gen Z spend 73% more time learning than other generations: LinkedIn

by Judith Hall
AI elevates focus on skills; Indian Gen Z spend 73% more time learning than other generations: LinkedIn

MUMBAI: LinkedIn, a professional network, which is now 1 billion members strong, launched its latest Future of Work: State of AI @ Work report. Findings reveal that global AI conversations …

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She’s a grad student juggling 3 jobs. Canada’s cost of living may force her to move elsewhere

by Anas Siddiqui
She’s a grad student juggling 3 jobs. Canada’s cost of living may force her to move elsewhere

Shramana Sarkar works variable shifts at two coffee shops while fitting in time to study and teach. From week to week, she doesn’t know when she’ll work or how much …

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India hopes for a digital economy, but can it train 560 million young workers?

by Walter Watson
India hopes for a digital economy, but can it train 560 million young workers?

Unlike Manisha, however, not everybody can unlock their potential. India’s ability to nourish the ambitions of its youth and tap into its so-called demographic dividend is shaping up to be …

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