Hot Charts

by Stefane Marion, Senior Economist
9/5/2008
Click here to download this file. Adobe Acrobat File

Canada Watch

Even though Canada’s labour market has lost some of its lustre in recent months , it remains in an enviable position when compared other G7 economies. As today’s Hot Chart shows, the Canadian jobless rate is about a full percentage point lower than its U.S. counterpart when both rates are calculated on U.S.-based unemployment concept. As shown, this is the largest divergence since the 1975 U.S. recession. We do expect the ongoing global economic slowdown to put upward pressure on Canada’s unemployment rate in the coming months. This being said, we still think that the Canadian labour market will continue to outperform its G7 peers as to keep domestic demand growth in this country in positive territory.

Please download the PDF file for the complete article

The Critical Illness Solution

by D. Geoff Cook, Benefits and Planning Director

Facts

“Based on current incidence rates, during their lifetimes 38% of Canadian women and 41% of Canadian men will develop cancer.” ¹
“An estimated 139,900 new cases of cancer and 67,400 deaths from cancer will occur in Canada in 2003.” ¹
On average, every year up to 70,000 Canadians have a heart attack and at least 50,000 have a stroke. ²

Serious illnesses can be emotionally draining, physically challenging, and financially exhausting. One solution to these problems is Critical Illness insurance.