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Monday’s CPI Could Decide Your Next Mortgage Payment

  Canada lost 68,000 jobs in September. Inflation is sitting at 3%. The Bank of Canada has to decide on October 28 which of those facts matters more, and on Monday morning one more number lands to help it choose. If you carry a variable-rate mortgage, a HELOC or a renewal this winter, that number has a price tag. Two reports pulling in opposite directions The jobs data came first. Statistics Canada reported on October 9 that employment fell by 68,000 in September, pushing the unemployment rate to 6.5% from 6.4%. It followed a drop of about 42,000 in August, which means more than half of the 181,000 jobs gained between April and July have now been wiped out. Ontario shed 20,000 positions on its own. Markets reacted within hours: the odds of a quarter-point Bank of Canada hike on October 28 dropped to roughly 25% from about 40%, according to LSEG data reported by Reuters. Inflation is telling the opposite story. The consumer price index rose 3.0% year over year in August, matching Ju...
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Alberta Health Services Implements Unpaid Leave for Non-Union Staff Amid Budget Pressures

 

Alberta Health Services (AHS) is facing scrutiny after implementing a controversial measure requiring some non-union exempt employees to take unpaid time off. The decision, reportedly driven by provincial budget constraints, affects staff who are not covered by collective bargaining agreements, including certain administrative and managerial roles.

According to internal communications, the unpaid leave policy is part of a broader cost-containment strategy across Alberta’s public health sector. While unionized employees remain protected under negotiated contracts, non-union workers—often referred to as Non-Union Exempt Employees (NUEEs)—are subject to different employment terms, allowing AHS greater flexibility in adjusting compensation and scheduling.

The move comes despite recent salary structure adjustments and step increments announced for eligible non-union staff earlier this year, which were intended to recognize their contributions to Alberta’s healthcare system. Critics argue that the unpaid leave undermines these efforts and places undue financial strain on employees who already lack union protections.

AHS has not publicly disclosed how many workers are affected or the duration of the unpaid leave periods. The policy has sparked concern among healthcare advocates and employees alike, raising questions about transparency and equity in workforce management during fiscal challenges.

As Alberta continues to navigate healthcare funding pressures, the treatment of non-union staff may become a flashpoint in broader discussions about labor rights and public sector accountability.


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