August 26, 2022
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OTHER NEWS
Job vacancies reached a new high in June, according to Statistics Canada
Statistics Canada says the number of job vacancies climbed 3.2 per cent in June to reach a new high as employers were looking to fill more than one million positions for a third consecutive month.
The agency says employers were actively seeking to fill 1,037,900 positions compared with 1,005,700 in May.
The job vacancy rate was 5.9 per cent in June, matching the record-high mark reached in September 2021 and up from 4.9 per cent in June 2021.
Statistics Canada says employers in the health care and social assistance sector were looking to fill 149,700 vacant jobs in June, up 4.3 per cent from May and up 40.8 per cent compared with a year earlier.
Job vacancies in the accommodation and food services sector totalled 171,700 in June, up from 6.6 per cent compared with May and up 38.8 per cent from June 2021.
The retail trade sector saw vacancies rise 15.3 per per cent compared with May to 114,400 in June. Vacancies in the retail sector were up 22.5 per cent compared with June 2021.
Click here for the full report from Statistics Canada.
ECONOMIC IMPACT & RESOURCES
Access federal and provincial government supports (grants and loans)
Find the right programs and services, whether you’re starting out or scaling up your business.
Loans of Up to $50,000 to Women Entrepreneurs and Business Owners
Last week, Mary Ng, Minister of International Trade, Export Promotion, Small Business and Economic Development, announced that Women’s Enterprise Organizations of Canada (WEOC) will be providing loans of up to $50,000 to women entrepreneurs and business owners this fall through the Women Entrepreneurship Loan Fund.
WEOC will deliver the Women Entrepreneurship Loan Fund through its regional loan fund partners. They will work with women entrepreneurs at every stage of the application process and deliver top-quality wraparound business support, including helping applicants with the development of viable business plans and providing advisory services, training and loan aftercare.
Support CFA’s Advocacy Efforts for 2022-23
The CFA needs your support – be active, be engaged, and we need your donation to fight for franchising and franchised businesses across Canada. By supporting CFA’s advocacy with a financial donation, you can help augment and strengthen our advocacy initiatives. you can donate directly through the CFA’s Advocacy Donation Page.
Promote your job opportunities with the CFA
To take advantage of this new opportunity, please submit your job postings (in which include a job description and directions for how to apply) to Andrew Schopp at aschopp@cfa.ca. For any inquiries, please contact Jessi-Lyna Wan at jwan@cfa.ca.
Please note the Introductory Offer ends October 31, 2022. Any job posting submitted on November 1, 2022, and onwards will be subject to charges.
