CANADIAN BUSINESS LEADERS CONTEMPLATE LEAVING ROLES
- LifeWorks (formerly Morneau Shepell) survey shows an acute crisis among executives and managers because of the COVID pandemic and associated stress.
- 50% of business and public sector leaders are contemplating leaving
- Almost 25% are considering resigning
- Many more are thinking of moving to a less demanding position or retiring
- 75% reported exhaustion
- 80% are working more hours than normal
ENERGY AND ENVIRONMENT
- Farmers across large parts of Alberta, Saskatchewan and Manitoba are facing severe drought conditions and grasshopper infestations.
- Several municipalities have declared states of agricultural disaster
- Ranchers are running out of hay to feed their cattle
- Alberta’s combined industries account for more than 21% of all Canadian goods exported.
- 2019 Alberta’s agri-food sector contributed $9.2 billion in GDP
- Employed 77,000 Albertans
- Sales of $15.8 billion (2nd largest industry represent 20.8% of manufacturing sales)
- Alberta’s Cielo Waste Solutions Corp. is scaling up a proprietary refining process that transforms plastic, wood, paper and organic waste into diesel, kerosene and naphtha fuel at their carbon neutral plants.
- Shell and Scotland’s Iberdrola are teaming up to build the world’s largest floating wind farms.
- EU is going to plant 3 billion trees as part of their forestry strategy to absorb more greenhouse gases and promote biodiversity.
- Global electricity consumption will surge this year with fossil fuels supplying 50% of the increased energy.
- Britain is banning all new diesel and gasoline heavy vehicles starting in 2040.
- Lumber futures have officially erased all the gains made in 2021; prices are down on the year.
- 2 months ago, lumber was the top performing commodity
- Transportation Canada has imposed new rules on CP and CN railways.
- Must be able to respond within 60 minutes to any fires detected along BC rail lines
- Conductors are responsible for spotting fires or smoldering areas
- Rail companies are required to remove vegetation and combustible material near tracks
- Train speeds are reduced on ‘hot’ days in areas where fire risk is extreme
- Ottawa and Quebec are providing $685 million (34%) towards a $2 billion initiative for new aerospace technology.