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Statistics Canada Begins Major Workforce Overhaul, Cutting 850 Positions

    Statistics Canada says it will be cutting around 850 of its staff along with 12 per cent of its executive team. Statistics Canada is moving ahead with a major restructuring that will see roughly 850 jobs eliminated , including a portion of its executive ranks. The agency confirmed that it has entered a formal workforce adjustment period, with affected employees set to receive notices over the next two weeks. The cuts are part of a broader federal initiative to reduce public service spending. With more than 7,200 employees as of early 2025, Statistics Canada is among several departments facing significant downsizing as the government seeks long‑term budget efficiencies. Union representatives have raised concerns about the impact on the agency’s ability to maintain the quality and timeliness of national data. Management, however, has emphasized that voluntary departures and early retirement incentives will be used where possible to ease the transition. The announcement m...
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Master Your Finances: Stop These Money Mistakes for Good


Master Your Finances: Stop These Money Mistakes for Good



 If you're aiming for financial stability and success, it's crucial to address and rectify common money mistakes that can hinder your progress. 


1. One major mistake to stop making now is neglecting to budget effectively. Without a clear budget, you risk overspending, accumulating debt, and failing to save for important goals. 

2. Another mistake is avoiding or delaying investing. Not investing can mean missing out on potential growth and compounding over time. Additionally, carrying high-interest debt, such as credit card balances, without a plan to pay it off quickly can drain your finances. 

3. Lastly, ignoring your credit score can be detrimental when seeking loans or favorable interest rates. By addressing these mistakes and adopting better financial habits, you can pave the way for a more secure and prosperous future.


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