What’s In This Email

• Canada added 40K jobs… and 100K more people

• Immigration systems at risk as international student numbers balloon

• The Canadian housing market is still a hot topic

• Learn how to eat an olive

• Notable spotlight: Orange Shirt Day / National Day for Truth & Reconciliation

• Notable plug 🔌

✍️ TAKE NOTE

Canada Added 40,000 Jobs — But It Added 100,000 More People, Too

Canada witnessed a surge in job growth in August, surpassing expectations with the addition of 39,900 jobs. However, this growth was offset by a significant population increase of about 103,000 individuals. Various sectors experienced shifts, with notable growth in professional services and construction, while education and manufacturing saw declines. Canada's rapidly expanding population is reshaping the job market, presenting challenges and opportunities for the economy.

Key Takeaways

• Canada's economy added 39,900 jobs in August, double the expected amount.

• Despite the job growth, Canada's population increased by about 103,000, causing the employment rate to decline slightly.

• The professional, scientific, and technical services sector added 52,000 jobs, while construction added 34,000. However, the education sector lost 44,000 jobs, and manufacturing decreased by 30,000.

• Most of the new jobs were self-employment, with an increase of 50,000 positions.

• The public sector grew by 13,000 jobs, but the private sector contracted by 23,000.

• Canada's job market has added approximately 174,000 new positions throughout the year.

• Doug Porter, an economist with the Bank of Montreal, highlighted the significant impact of the influx of over 800,000 new people to Canada in the past year on the job market.

• Bank of Canada governor Tiff Macklem noted that job additions aren't outpacing population growth, suggesting that the supply of workers is catching up with demand.

• Brendon Bernard, a senior economist at Indeed.com, discussed the effects of Canada's rapidly growing population on inflation and the job market.

Integrity of Immigration System at Risk as International Student Numbers Balloon, Minister Says

Canada is witnessing a surge in international student numbers, with Immigration Minister Marc Miller addressing growing concerns about its impact on housing and the immigration system's integrity.

Key Takeaways

• Canada is expected to have a total of 900,000 international students studying in Canada this year.

• The rapid increase in international students has raised concerns about housing availability. Housing Minister Sean Fraser suggested imposing a cap on international student admissions to alleviate housing pressure.

• Minister Marc Miller emphasizes that the concerns go beyond housing and extend to the integrity of Canada's immigration system. He points to fraudulent activities and individuals taking advantage of the system, impacting the overall credibility of the process.

• Minister Miller refrained from committing to this measure while placing a hard cap on international student numbers gained public attention. He believes understanding the problem comprehensively is crucial before deciding on a solution.

• As Canada grapples with the implications of its surging international student population, policymakers are tasked with finding a balanced approach that accommodates the growing demand for education while preserving the integrity of the immigration system and addressing housing concerns.

@millennialmoron

this is fine. #housingcrisis #housingbubble #canadahousing

@williamhansonetiquette

How to eat an unpitted oliver. Spear it in, finger it out #dining #etiquette #williamhanson

It’s Orange Shirt Day September 30th

& National Day for Truth and Reconciliation

Phyllis Webstad, Founder of Orange Shirt Day and Ambassador for Orange Shirt Society, tells her story of her first day at St. Joseph's Indian Residential School, at six years old when her shiny, new orange shirt her Kyé7e [QUE-A-AH] (grandmother) bought for her, was taken away and never returned

The annual Orange Shirt Day on September 30th opens the door for global conversation on all aspects of Indian Residential Schools. It is an opportunity to create meaningful discussion about the impacts of Residential Schools and the legacy they have left behind.

Learn more about our ongoing support for Reconciliation at https://www.orangeshirtday.org.

🔌  NOTABLE PLUG

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🎓 Hope This Helps: Get early access to Height 2.0 — the autonomous project collaboration tool powered by AI. Version 1.0 of the project management tool is available for immediate access here.

🧠 Today We Learned: Canada has more lakes than the rest of the world combined with 20 percent of the world’s freshwater.

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Notable Life is Canada's hub for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 46,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content.