Video shows suspect setting Toronto-area barbershop on fire
Video of a suspect lighting a Richmond Hill barbershop on fire earlier this week has been released by police.
A new report from RBC Economics says it expects a renewed surge of retirements in the second half of this year as Canada works to get past the pandemic.
Senior economist Andrew Agopsowicz says in the report that the number of retirements fell about 20 per cent last year compared with the 12 months ended February 2020.
He says the dip was likely a result of uncertainty about retirement savings as the pandemic arrived.
"It's what's held a lot of people back," Agopsowicz said in an interview.
He added that recent data suggest the level of Canadian retirements began to return to normal during the second quarter as the economy took steps toward reopening.
"The return to normal could be a good period for people to make a decision … they probably were going to be making (anyway)," Agopsowicz said.
Retirement levels have been high for about 10 years as the large baby boom generation reaches the age of 65 and that trend will continue for several years, he said.
There may be a near-term labour shortage for some types of jobs, he said, because of a combination of the higher retirement levels, Canada's low birthrate and fewer new immigrants during the pandemic.
"I think all these kind of come together and are going to start adding a lot of pressure to labour markets as we head into the fall," Agopsowicz said.
A recent business survey published by the Bank of Canada said there was still some slack in the overall job market but employers are having difficulty hiring certain type of workers with specialized skills, he added.
The RBC Economics analysis follows a Statistics Canada report on Friday that said the economy added 230,700 jobs in June as restrictions put in place to slow the pandemic were rolled back across the country.
The country still had 340,000 fewer jobs than in February 2020, the last month before COVID-19 was declared a pandemic and governments began imposing restrictions to contain the disease.
This report by The Canadian Press was first published July 12, 2021.
Video of a suspect lighting a Richmond Hill barbershop on fire earlier this week has been released by police.
A New Brunswick woman suffering from sarcoidosis, a disease that limits your lung capacity, is in need of a double lung transplant.
The adorable trio of child actors from the 1993 classic comedy 'Mrs. Doubtfire,' which starred the late and great Robin Williams, are all grown up and looking back on their seminal time together.
York Regional Police say they are continuing to search for a suspect in an auto theft investigation who was captured on video running over a police officer in Toronto last month.
It’s the first flight of Boeing’s Starliner capsule with a crew on board, a pair of NASA pilots who will check out the spacecraft during the test drive and a weeklong stay at the space station.
A source close to singer Britney Spears tells CNN that the pop star is 'home and safe' after she had a 'major fight' with her boyfriend on Wednesday night at the Chateau Marmont in West Hollywood.
Pius Suter scored with 1:39 left and the Vancouver Canucks advanced to the second round of the NHL playoffs with a 1-0 victory over the Nashville Predators on Friday night in Game 6.
A Chinese truck driver was praised in local media Saturday for parking his vehicle across a highway and preventing more cars from tumbling down a slope after a section of the road in the country's mountainous south collapsed and killed at least 48 people.
TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits.
Alberta Ballet's double-bill production of 'Der Wolf' and 'The Rite of Spring' marks not only its final show of the season, but the last production for twin sisters Alexandra and Jennifer Gibson.
A British Columbia mayor has been censured by city council – stripping him of his travel and lobbying budgets and removing him from city committees – for allegedly distributing a book that questions the history of Indigenous residential schools in Canada.
Three men in Quebec from the same family have fathered more than 600 children.
A group of SaskPower workers recently received special recognition at the legislature – for their efforts in repairing one of Saskatchewan's largest power plants after it was knocked offline for months following a serious flood last summer.
A police officer on Montreal's South Shore anonymously donated a kidney that wound up drastically changing the life of a schoolteacher living on dialysis.
Since 1932, Montreal's Henri Henri has been filled to the brim with every possible kind of hat, from newsboy caps to feathered fedoras.
Police in Oak Bay, B.C., had to close a stretch of road Sunday to help an elephant seal named Emerson get safely back into the water.
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
Raneem, 10, lives with a neurological condition and liver disease and needs Cholbam, a medication, for a longer and healthier life.