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CBC.ca: Wabush Mines sale talks off between Cliffs, MFC Industrial

Thursday, October 16, 2014

 The local president of the union representing steel workers in Wabush says talks between MFC Industrial and Cliffs Natural Resources for the purchase of Wabush Mines have broken off. Jason Penney, with the United Steelworkers Union, told CBC News the potential sale of the idled iron ore operation won't be going ahead. A spokesperson with MFC Industrial confirmed Wednesday afternoon that "discussions have been terminated" between the two companies.

In July, workers with USW Local 6285 agreed to a five-year contract to work for MFC Industrial if the sale went ahead. Penney said the union received word Thursday morning that MFC and Cliffs were "unable to reach an agreement" on the sale of the mine.

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TheGlobeandMail.com: Temporary foreign workers hired in area with high aboriginal unemployment

Thursday, October 16, 2014

 At the centre of an Alberta mall catering to four First Nations grappling with massive unemployment is a cafeteria that dishes out burgers, fries and bannock – cooked and served by temporary foreign workers. The exact number of foreigners employed by Ermineskin Cafeteria’s owner, Howard Ng, is unclear. Mr. Ng, who is not aboriginal, did not respond to repeated interview requests relayed to him through phone messages, e-mails and a couriered letter to his corporate registration address in Edmonton.

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TheSpec.com: Young Hamilton workers need attitude adjustment: survey

Thursday, October 16, 2014

A new study concludes Hamilton's youngest workers have a sense of entitlement that's keeping them out of jobs. In its 2014 Labour Market Plan, Workforce Planning Hamilton and other agencies said the survey of employers showed getting workers with the right "soft skills" is becoming more difficult.

 

"Soft skills … refer to personal qualities, habits, attitudes and social graces that make a worker a good employee and compatible with an organization's workplace culture," the report states. In particular, survey participants — employers, and the employment and training community — identified "the difficulty of finding job seekers with adequate soft skills among new labour market entrants (including youth) and those with barriers to employment."

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DailyCommercialNews.com: Newfoundland industrial showcase an indicator of evolving provincial economy

Thursday, October 16, 2014

 An industrial trade show in Placentia Bay, N.L. recently attracted a record number of delegates and exhibitors, who were interested in the business opportunities presented by the construction of several major projects in the region. "One important measure of success, that I am very excited about, is the quality of the speakers we have attracted here this year, including former premiers, leading academics and economists, major educators and senior provincial government bureaucrats," said Joe Bennett, chairman of the Placentia Bay Industrial Showcase (PBIS) 2014. "They are all presenting different points of view on subject matter that is important to the economic development of the province."

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BNN.ca: St. John’s housing market on a ‘winning streak’

Thursday, October 16, 2014

 Never mind Toronto, Vancouver or Calgary. The head of Canada’s largest real estate brokerage says the housing market that has most surprised him this year is St. John’s. “We expected considerable slowing and it really hasn’t, the market continues to drive ahead at a faster pace than the rest of the country,” says Royal LePage’s CEO Phil Soper. The city’s “winning streak” is going on a decade now, and detached houses are no longer affordable by normal standards for a city of that size, Soper adds. “It continues to be a very boisterous small market.”

Royal LePage’s third-quarter survey of the Canadian real estate market, released this week, found that the average price of a detached two-storey home in St. John’s rose 6 percent from a year earlier, to $424,167. Prices of detached bungalows gained 5.9 percent to $313,500 and condo prices increased 5.1 percent to $331,500.

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