12,500 jobs at risk in Canada’s oilpatch in 2019

Alberta will be hit the hardest, with 9,600 more jobs expected to disappear

12,500 jobs at risk in Canada’s oilpatch in 2019Some sobering news out on Monday about jobs in the struggling oilpatch. The 2019 Labour Market Update by the PetroLMI division of Energy Safety Canada indicates about 12,500 jobs are at risk this year due to several factors including low commodity prices, a decline in capital spending and continued uncertainty over market access. And Alberta,…

Non-traditional home buying approaches on the rise

More solo Canadians are buying property; down payments are trending up: RBC

Non-traditional home buying approaches on the riseMore Canadians are taking a non-traditional approach to buying a home and many say being house poor may be the reality of home ownership, says the annual RBC Home Ownership Poll, which was released on Monday. “We're seeing a fundamental contrast in who's at the buying table,” said Nicole Wells, vice-president of home equity financing…

Great leaders share similar traits

While theories abound about what makes great leaders, they do share common traits

Great leaders share similar traitsThousands of books have been published about leadership because millions of people have fantasies of being top dog. Former presidents, prominent military leaders, CEOs, academics and consultants of every stripe have written books about what it takes to be an exceptional leader. It's worth finding out. While theories abound about what makes a great leader,…

Taking the mystery out of breakfast

Ever wondered what you could expect for breakfast in the country you are visiting?

Taking the mystery out of breakfastEver wondered what you could expect for breakfast in the the country you are visiting? While travellers may plan whole trips around their culinary experiences during lunch and dinner, most people don't really give too much thought about breakfast. What you eat depends on where you are ... and, if you're travelling in exotic lands,…

Don’t let incompetent bosses stand in your way

As frustrating as it is coping with an incompetent boss, it can also be an incredible career opportunity and learning experience

Don’t let incompetent bosses stand in your wayIt's been said countless times: "People don't leave companies, they leave bosses." It's hard working for an incompetent boss under any circumstance. In demanding IT and technology jobs where the workloads can be torturous and the pressure to complete projects quickly is relentless, it's especially tough. Tougher still is when you love your job and…

Oil production slips from December to January after mandatory cuts

January was the first month of temporary mandatory production cuts in Alberta: StatsCan

Oil production slips from December to January after mandatory cutsCrude oil and natural gas production and electricity generation rose in January, while coal production declined compared with the same month in 2018, says Statistics Canada. The federal agency reported on Friday that Canada produced 22.3 million cubic metres (140.3 million barrels) of crude oil and equivalent products in January, up 3.1 per cent from…

Seven steps to overcoming your frustration

Life is all about choices so if you're continually frustrated, you have chosen to remain that way

Seven steps to overcoming your frustrationHave you ever been frustrated? Probably a time or two! Frustration isn't actually a problem for most people; it's what we don't do about it that's the problem. Frustration frequently leads to worry, anger, inaction, and stress. So who needs frustration? No one. While you probably can't avoid frustration, you can do something about it.…

Are you suffering career burnout?

Dealing with burnout isn't easy but awareness is a good first step because you understand that, while you're unhappy, you aren't trapped

Are you suffering career burnout?Two decades ago, burnout was career-builders' enemy. Today, it is a nightmare with potentially devastating repercussions. It is exemplified by around the clock portable connectivity tools which make working long hours seductive, easy and effortless. Before you know what's happening, you've turned into a drone and working is no longer fun. Merriam-Webster's Collegiate Dictionary describes…

Charity increasing amount of loans available for skilled immigrants

Windmill Microlending increasing the amount of funds available by 50 per cent

Charity increasing amount of loans available for skilled immigrantsWindmill Microlending, Canada’s largest and most successful microlending charity for skilled immigrants and refugees, is increasing the amount of funds available to skilled immigrants and refugees by 50 per cent. It is now offering low-interest loans of up to $15,000 to help skilled immigrants and refugees obtain the credentials they need to continue their careers…

Canadian senior families’ debt rising: StatsCan

Strong housing market responsible for both higher mortgage debt and an increase in the value of homes

Canadian senior families’ debt rising: StatsCanThe proportion of senior families carrying debt in Canada rose from 27 per cent in 1999 to 42 per cent in 2016, according to a report released on Wednesday by Statistics Canada. However, the federal agency also said the median net worth of senior families with debt – which corresponds to the total value of…

Albertans over contribute to Canada Pension Plan

Alberta paid $27.9 billion more into the Canada Pension Plan than what they received in CPP payments over the past 10 years.

Albertans over contribute to Canada Pension PlanA report from the Fraser Institute says Alberta workers paid $27.9 billion into the Canada Pension Plan over and above what retirees in the province received in CPP payments over the past 10-year period. The report - Albertans Make Disproportionate Contributions to National Programs: The Canada Pension Plan as a Case Study - released Wednesday…

The importance of etiquette in the workplace

Practical solutions for achieving a more harmonious workplace

The importance of etiquette in the workplaceCommon Sense is NOT Common Practice, a nifty, little book by Rhonda Scharf, draws from her work in corporate Canada and the U.S. While it probably won't make the best seller list of "business books," it is an indispensable book leaders should read because it's about business on the day-to-day level in the office. Divided…

The very real dangers of overwork

It's only a matter of time before your entire system breaks down

The very real dangers of overworkConventional wisdom says that hard work yields it's own just rewards.  It's hard to argue with success, fame, fortune. The big successes of the world aren't clock watchers.  They've turned their back on the conventional 9 to 5 mentality, and work 12- to 14-hour days and put in Saturdays – even Sundays – when they…

Putting networks to use to help your business thrive

Kerry George of the Canadian Imperial Business Network on the kind of game-changing information you get when you make connections

Putting networks to use to help your business thriveKerry George is CEO at Canadian Imperial Business Network. What’s the Canadian Imperial Business Network and what does it do? George: The Canadian Imperial Business Network or CIBN is a business networking organization that brings business owners, entrepreneurs, and professionals together for networking and knowledge. Our mission is to help Canadian business owners to thrive.…

Letting go when it is time to move on from your job

The way you leave a position says a lot about you as a person and can determine the success you will have in your next role

Letting go when it is time to move on from your jobIn life or a career, the simple fact remains: we all have to go sometime. But the way you leave a position says a lot about you as a person and can determine the success you will have in your next role. We spend a lot of time thinking about the best way to start…