Summary:
More and more business processes are being automated.
Skills of today and tomorrow are required years of education and certification.
Public sector jobs continue to outpace the private sector in terms of growth
More emphasis needs to be on developing natural resources in a sustainable way
EI program for Canada needs to be spun off into separate entity from the government.
Sick leave programs should be tied to EI.
1. Retailers and Sick leave - https://www.ft.com/content/b190494e-fa0c-4b52-9f18-cf838e15ab72
2. Abuse - https://www.invictusgroup.co.za/abuse-of-sick-leave-and-acting-in-good-faith-towards-your-employer/
3. Skills gaps - https://www.foxnews.com/opinion/covid-revealed-soft-skills-gap
4. Skills gaps - https://www.chieflearningofficer.com/2022/02/21/the-8-5-trillion-dollar-skills-gap-how-learning-leaders-must-address-it-through-talent-and-tech/
5. Digital - https://www.themanufacturer.com/articles/paperless-manufacturing-digital-solutions-help-bridge-the-inevitable-skill-gap/
6. Automation - https://www.workstream.us/blog/will-robots-replace-hourly-workers-how-automation-is-transforming-companies
7. Public sector - https://www2.deloitte.com/us/en/pages/public-sector/articles/future-of-public-service.html
8. 3D printing - https://www.peterfisk.com/2022/02/think-it-make-it-3d-printing-is-ready-to-transform-manufacturing-and-supply-chains-who-are-the-most-innovative-companies/
9. Top careers - https://www.linkedin.com/business/talent/blog/talent-strategy/most-in-demand-jobs
10. Red tape - https://www.renewcanada.net/feature/5000090754-2/
11. Skills gaps - https://www.comptia.org/blog/top-it-skills-in-demand
2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
3. Agenda
World Ranking / EI
EI extensions / Canada
EI Program
Sick Leave
Unemployment Rates / Urban Areas
EI Program /Actuary
CERB Payout
Employment
Blog – Skills and Development
EI Program (Issues and Concerns)
Summary
4. EI / World
Ranking
Source - https://www.statista.com/chart/21701/jobless-
benefits-selected-countries-oecd/
• Austria, Belgium, Denmark, Finland, France,
Germany, Iceland, Luxembourg, Netherlands,
Norway, Portugal, Spain, Sweden and
Switzerland provide the most generous
unemployment protection systems of all ILO
member countries, the report says. The
report identifies Australia, Canada, Ireland,
Japan, New Zealand, the United Kingdom
and the United States as belonging to
"medium-level type systems". Fewer of the
unemployed in these countries receive
benefits and the compensation that is
provided is lower than those available in the
first tier of countries.
• Many countries do not have any EI
programs
• https://www.ilo.org/global/about-the-
ilo/newsroom/news/WCMS_007901/la
ng--en/index.htm
6. Unemployment and Income by Urban
Areas
• Cities with natural resources development and head offices tend to have the highest income
https://www.kake.com/story/42335851/places-with-the-highest-income-in-canada
• Maritime provinces were not hit that hard in terms of job losses. Labor markets in major Canadian cities,
such as Montreal, Vancouver, Toronto and Calgary were hit the hardest by the coronavirus pandemic. -
https://www.cicnews.com/2020/07/atlantic-canada-shows-smallest-decline-in-unemployment-due-to-
coronavirus-0715017.html#gs.bpie22
• London, Ontario has the highest unemployment in 20+ years - https://theprovince.com/business/local-
business/londons-june-jobless-rate-worst-in-nearly-20-years-bucking-provincial-trend/wcm/0d5c75c1-
9b2f-4e15-9aa6-bb5222eb3ab4
• Youth Unemployment - https://www.corporateknights.com/channels/leadership/future-proofing-
economy-investing-canadas-youth-covid-19-15948122/
7. Actuary / Study – EI Program
• COVID19 has led to payouts about $1.5B higher payouts – Fiscal Monitor – July 31, 2020 -
https://www.canada.ca/en/department-finance/services/publications/fiscal-monitor/2020/04.html
8. PBO and EI
Source - https://www.pbo-dpb.gc.ca/en/blog/legislative-costing-notes--notes-evaluation-cout-mesure-legislative/LEG-2021-046-S--employment-
insurance-temporary-benefit-enhancements--ameliorations-temporaires-prestations-assurance-emploi or
https://www.canadianmanufacturing.com/financing/early-figures-for-new-aid-and-ei-provide-glimpse-of-how-post-cerb-supports-to-be-used-262454/
9. Sick Leave
Source - https://www.canada.ca/en/services/benefits/ei/ei-sickness.html
• CFIB sick benefits and EI - https://www.cfib-fcei.ca/en/tools-resources/reduce-your-wage-costs-
subsidies
• More talk should be around supporting the insurance companies that are paying out long-term and
short-term disability - https://www.griffinbenefits.com/blog/cost-employee-benefits-average-
employer-spend
10. CERB / Payouts
Source https://www.canada.ca/en/department-
finance/services/publications/fiscal-monitor/2020/04.html
• CERB is being eliminated -
https://betakit.com/trudeau-reveals-plans-
to-end-cerb-transition-recipients-to-ei-in-
september/
• Trudeau noted the additional benefit would
provide works access to training as well as
the ability to work more hours and earn
more money while receiving the benefit.
There will also be a sickness and caregivers
benefit for individuals who contract COVID-
19. “We intend to cover every Canadian
who is looking for work with a better, 21st-
century EI system. That is our goal,” Trudeau
said, noting the government would not
raise EI premiums during this time
• EI fund has about $2B surplus as such the
fund will need to be managed to ensure
there is no deficit
• Any deficit with EI would result in higher
premiums, cuts to benefits and other
program changes
14. Blog – Skills and Education
EI and UBI are never designed for long-term
support. They are designed as transitioned income
to support people re-entering the workforce.
https://www.slideshare.net/paulyoungcga/human-
capital-management-of-existing-and-future-
employees or
https://www.slideshare.net/paulyoungcga/canada-
and-youth-employment-analysis-and-commentary
19. EI Program and Employment
EI program for years has been in a surplus state. The EI program should have been restructured years ago as better way to manage
both the costs and benefits - https://www.canada.ca/en/employment-social-development/programs/ei/ei-
list/reports/premium/rates2020.html
Could the government be pushing guarantee income - https://www.slideshare.net/paulyoungcga/policy-analysis-guarantee-income
EI is funded by payroll taxes. Any changes to EI program will impact how the program is funded - https://www.canada.ca/en/revenue-
agency/services/tax/businesses/topics/payroll/payroll-deductions-contributions/employment-insurance-ei/ei-premium-rates-
maximums.html
There is likely a decrease of at least 500K jobs
EI training would need to be align with jobs of the future and tomorrow - https://www.slideshare.net/paulyoungcga/automation-and-human-capital-
management-human-resources
Many of the new jobs required a lot of training and education, i.e. IT, Medical, skills trades, etc.
Automation for both businesses and government will change the demand for labor within their segments - https://www.slideshare.net/paulyoungcga/business-
automation-whats-next
All levels of governments will need to focus on getting goods to market - https://www.slideshare.net/paulyoungcga/gdp-canada-may-2020
20. Summary
The green economy is the focus of the federal government. The seem green economy that led to exodus of jobs and investments -
https://www.thestar.com/news/canada/2011/12/05/liberals_green_energy_strategy_blasted_by_auditor.html or
https://www.slideshare.net/paulyoungcga/fail-green-agenda-ontario-july-2019
The focus of any government should be on policies that support economic growth like getting goods to market -
https://www.slideshare.net/paulyoungcga/getting-goods-to-market-what-needs-to-happen-by-all-levels-of-government
Automation will continue to play a role when it comes to transforming both the private and public sector -
https://www.slideshare.net/paulyoungcga/whats-next-for-automation-238371946
More needs to be done to support startups - https://www.slideshare.net/paulyoungcga/how-best-to-support-business-startups
Reforming the size and efficiency of government - https://www.slideshare.net/paulyoungcga/how-to-reform-the-public-sector-in-
canada-and-around-the-world
EI and CERB programs need to include training programs. Jobs of today and tomorrow will require education beyond one year -
https://www.slideshare.net/paulyoungcga/human-capital-management-of-existing-and-future-employees
There is a job quality issue in Canada. The government plans to bring in nearly 250K new immigrants along with graduating about
550K/year
Job Quality - https://www.slideshare.net/paulyoungcga/career-and-job-management