Jobs: government cuts and corporate layoffs create a national mood of insecurity

Article Abstract:

Many Canadians are angry that corporations earned record profits of $66 billion in 1995, but are still laying off workers. The average private sector worker received only a 1.9% pay increase in 1995, while executive pay increased substantially. Unemployment is becoming a major political issue.

Economic aspects, Human resource management, Compensation and benefits, Profits, Statistics, Corporate profits, Canadians, Manley, John

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Business moves in: with no U.S. competition, Canadian firms score in Cuba

Article Abstract:

Approximately 40 Canadian firms have set up offices in Cuba since 1991, and at least 17 have negotiated joint ventures with Cuban agencies. The departure of Russian firms and the US embargo have presented opportunities for Canadian businesses. Several deals are discussed.

Foreign operations, Foreign investments, Cuban foreign relations, Cuba, Canadian foreign relations, Poultry industry, Emery International Development Ltd.

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Inflation or jobs? Canadian workers are paying a high cost for price stability

Article Abstract:

Pierre Fortin and other liberal economists blame the government's zero inflation policy for the 9.4% unemployment rate in Canada. Supporters of the policy maintain that it has reduced interest rates and will lead to economic growth and more jobs.

Inflation (Finance), Interest rates, Monetary policy, Canada. Bank of Canada, Inflation (Economics), Fortin, Pierre

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