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Unemployment in Canada

Unemployment is the unused supply of labour in the labour force. The unemployment rate measures unemployment and is expressed as a percentage of the total labour force, which is the total number of people who are 15 years of age and over who are either employed or unemployed. The unemployment rate is calculated by dividing the number of unemployed people by the number of people in the labour force. The unemployment rate is considered an economic indicator, an economic statistic that is used to interpret or understand the health of an economy. There are several types of unemployment and their causes are often debated by economists. The unemployed are not a fixed collection of individuals but an ever-changing group, most of whom might be unemployed only briefly.

Macleans

Martin's 1995 Budget

This article was originally published in Maclean’s magazine on March 13, 1995. Partner content is not updated.

A few minutes before Finance Minister Paul Martin was to deliver his budget speech in the House of Commons last week, he and Prime Minister Jean Chrétien met in Chrétien's second-floor office on Parliament Hill along with Martin's wife, Sheila, and Aline Chrétien.

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Manulife Financial Corporation

Manulife Financial Corporation, based in Toronto, is Canada’s largest insurance company and one of the largest in the world. Its principal operations are located in Canada, the United States and Asia. Manulife offers life, health and income insurance protection, as well as annuities and wealth and asset management. It was founded in 1887 as Manufacturers Life Insurance Company Inc. Canada’s first prime minister, Sir John A. MacDonald, was also the company’s first president. Manulife is a public company that trades on the Toronto, New York and Philippine stock exchanges under the symbol MFC and on the Stock Exchange of Hong Kong as 945. In 2018, Manulife registered $39 billion in revenue and $4.8 billion in profit and held $1.1 trillion in assets. The company employs more than 34,000 people, who serve nearly 28 million customers.

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Meat-Processing Industry

Canada's slaughtering and meat-processing sector comprises livestock slaughter and carcass dressing, secondary processors that manufacture and package meat products for retail sale, and purveyors that prepare portion-ready cuts for hotel, restaurant and institutional food service.

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Commodities in Canada

In commerce, commodities are interchangeable goods or services. Many natural resources in Canada are viewed as commodities. They are a major source of the country’s wealth. Examples of commodities include a barrel of crude oil, an ounce of gold, or a contract to clear snow during the winter. Commodity products often supply the production of other goods or services. Many are widely traded in futures exchanges (see Commodity Trading).

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Harvest Excursions

Harvest Excursions Before the introduction of the combine, prairie harvests required large numbers of labourers for short periods of time. Harvest excursion trains, 1890-1930, brought workers west - about 14,000 in 1908.

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Banff Springs Hotel

The hotel was developed as part of the CPR’s (Canadian Pacific Railway) network of hotels, which built landmark hotels in young cities across Canada in order to encourage the use of its transcontinental lines. The Banff Springs Hotel is in the lineage of hotels such as the Chateau Lake Louise in Alberta, Le Chateau Frontenac in Québec City and the Empress Hotel in Victoria, British Columbia. Known as the “Castle in the Rockies,” the Banff Springs Hotel is predominantly in the Scottish Baronial style, featuring an Arts-and-Crafts interior.

Macleans

Cigarette Packaging

This article was originally published in Maclean’s magazine on January 31, 2000. Partner content is not updated.

Perhaps, but if Rock gets his way cigarette packaging is about to go from colourful and cool to downright disturbing.

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Global Affairs Canada (GAC)

Global Affairs Canada (GAC) was originally founded as the Department of External Affairs in 1909 by Prime Minister Sir Wilfrid Laurier. The operations, mandate and title of the department have evolved over the years. Although legally incorporated as the Department of Foreign Affairs, Trade and Development, its public designation since 2015 has been Global Affairs Canada.  The department is responsible for overseeing Canada’s international engagement, including diplomatic relations, providing consular services, promoting international trade and international law, and leading Canada’s international development and humanitarian assistance.

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Commodity Trading

Commodity futures markets provide a means for the organized trading of contracts for the delivery of goods at a later date. Today, these include agricultural products, metals, forest products, petroleum products, interest rates and stocks.

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Toronto Star

Founded in 1892, the Toronto Star (originally the Evening Star and later the Toronto Daily Star) grew under the direction of Joseph E. Atkinson, who became editor and manager of the newspaper in 1899. The newspaper was officially named the Toronto Star in 1971. As of April 2015, the Toronto Star is Canada’s largest daily newspaper.

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Quality Records Ltd.

Quality Records Ltd. Independent Canadian-owned record and tape manufacturing company active1950-85 in Toronto, initially under the direction of George Keane as vice-president and general manager, and latterly, 1975-85, of George Struth as president.

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Advertising

 The first formal advertisement in Canada was an offer of butter for sale that appeared in 1752 in an official government publication called the Halifax Gazette. In 1764 the Québec Gazette (later renamed the Chronicle-Telegraph) was founded, as much to carry news of merchandise as events.

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Analekta

​Analekta is a Canadian independent record label specializing in classical music. It was founded in 1988 by Montréal impresario François Mario Labbé.

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Department of Finance

The Department of Finance Canada is the federal government's main engine of research, advice and analysis on national economic and financial affairs, including fiscal policy, debt management and taxation.