“Although the economic downturn may have contributed to lower learning and development budgets in 2010, the decline in spending is indicative of an ongoing pattern,” said Carrie Lavis, senior research associate with The Conference Board of Canada.
Wage earners will feel the pinch, as the bulk of jobs created will likely be low-paying, but more broadly the economy will suffer as the trend puts a damper on consumer spending, says Benjamin Tal, deputy chief economist at CIBC World Markets.
This event combines a taste of the Scotiabank Giller Prize Gala formalities with a unique urban twist. Guests watch the live broadcast of the Scotiabank Giller Gala on a big screen, mingle with fellow guests, vote on the book they think will take home the coveted Scotiabank Giller Prize and enjoy appetizers and cocktails.
Recent high school graduates are exceptionally optimistic about their financial futures, with most expecting they will have an annual salary of $70,000 within 10 years and will have purchased their own home, according to a new survey. The B.C. Securities Commission conducted the survey of 3,000 young adults to assess the effectiveness of secondary-school financial-education programs.