BREAKING Average hourly wage in Canada now $34.95: StatCan
Average hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.
TD Bank Group says it plans to hire more than 2,000 people to fill new technology roles this year as it pushes further into areas like artificial intelligence and cloud-based operations.
The bank says the new positions will focus on technologies and processes to drive investments and power "the future of banking."
The hiring plans mark a jump from last year when it says it hired about 300 into technology roles, while overall the bank says the wave of hiring will boost its tech-focused employee base by some 15 to 20 per cent.
TD's hiring plans come amid an industry-wide focus on attracting and retaining technology skills.
"We are in a world where there's a war for talent," said Rizwan Khalfan, chief digital and payments officer at TD Bank Group.
The bank says attracting skilled workers is critical to the company's technology transformation and development of new capabilities, including engineering, automation tools, artificial intelligence, cloud technology, and advancing cybersecurity defences.
Greg Keeley, senior executive vice-president of platforms and technology at TD, says the pandemic has accelerated the integration of technology into the bank's services.
He says growing the bank's pool of skilled tech talent is critical to its overall strategy, including the acceleration of its cloud-based technologies to increase the speed of delivering new digital products and services to customers.
On Wednesday the bank also announced it was ramping up its partnership with Microsoft's Azure cloud with plans to establish a broader database on the platform.
TD says it's focused on hiring employees with skills in software development, IT operations, machine learning and automation.
This report by The Canadian Press was first published Jan. 26, 2022
Average hourly wages among Canadian employees rose to $34.95 on a year-over-year basis in April, a 4.7 per cent increase, according to a Statistics Canada report released Friday morning.
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
Andy Kim's 'Rock Me Gently' is marking a major milestone, as it celebrates its 50th anniversary.
Oprah Winfrey said on Thursday evening that she has long played a role in promoting unhealthy and unrealistic diets.
A southwestern Ontario woman has received an $8,400 bill from a hospital in Windsor, Ont., after she refused to put her mother in a nursing home she hated -- and she says she has no intention of paying it.
Toronto police say a man who allegedly attempted to access Drake’s Bridle Path property was taken to hospital on Thursday after an altercation with security guards.
If you're cruising down a highway and realize you have a flat tire, you may want to think twice before stopping to fix it on the side of the road.
Dangerous storms crashed over parts of the U.S. South on Thursday even as the region cleaned up from earlier severe weather that spawned tornadoes, killed at least three people, and gravely injured a boy who was swept into a storm drain as he played in a flooded street.
The National Post is reporting that Rex Murphy, the pundit and columnist who hosted a national call-in radio show for decades, has died.
A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.
A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
The Canada Science and Technology Museum is inviting visitors to explore their poop. A new exhibition opens at the Ottawa museum on Friday called, 'Oh Crap! Rethinking human waste.'
The Regina Police Service says it is the first in Saskatchewan and possibly Canada to implement new technology in its detention facility that will offer real-time monitoring of detainees’ vital health metrics.
The stakes have been set for a bet between Vancouver and Edmonton's mayors on who will win Round 2 of the Stanley Cup playoffs.
A grieving mother is hosting a helmet drive in the hopes of protecting children on Manitoba First Nations from a similar tragedy that killed her daughter.
A chicken farmer near Mattawa made an 'eggstraordinary' find Friday morning when she discovered one of her hens laid an egg close to three times the size of an average large chicken egg.
A P.E.I. lighthouse and a New Brunswick river are being honoured in a Canada Post series.
An Ontario man says he paid more than $7,700 for a luxury villa he found on a popular travel website -- but the listing was fake.