No
Goans among the 28 South Asian Candidates
There are at least 28 South Asians in the battlefield
and their strength in the Parliament is set to go up by
at least five or six more. The just dissolved parliament
had two Liberals MPs (Gurbax Malhi and Herb Dhaliwal)
and three Conservative MPs (Rahim Jaffer, Deepak Obhrai
and Gurmant Grewal) of South Asian origin. The new one
will have increased their number to 10 at the very least.
For listing see:http://www.weeklyvoice.com/CNews/?CNewsID=526522
Job
Outlook Good For Canada
Solid Canadian hiring climate to continue into third quarter
according to latest Manpower Employment Outlook Survey
TORONTO, June 15 /CNW/ - The staffing picture remains
strong for job seekers for the third quarter of 2004 as
Canadian employers anticipate a healthy job market reported
the latest Manpower Employment Outlook Survey.
According
to more than 1,700 Canadian employers polled for the survey,
31 per cent expect to add staff while six per cent plan
to reduce the number of employees for the July to September
period, resulting in a Net Employment Outlook of 25 per
cent. Sixty per cent anticipate no changes and three percent
are unsure of their hiring intentions.
Let
qualified immigrants work
From: The Toronto Star
This is an edited excerpt of an editorial from the Vancouver
Sun.
If there is a single issue on the immigration file that
the next government in Ottawa needs to address, it is
this: Remove all the unnecessary hurdles that are keeping
thousands of qualified immigrants from fully participating
in our economy.
The Liberals, the Conservatives and the New Democrats
all promise to do exactly that. It is a promise that must
be kept - and quickly.
Regrettably, none of the parties is telling us exactly
how they will go about achieving the goal of getting immigrants
to put their skills to good use here.
According to recent studies, the domestic supply of electrical
engineers, software engineers, financial analysts, accountants,
nurses, doctors, teachers, business managers and tradespeople
will not be able to meet our demand.
The Conference Board of Canada says that 1 million skilled
jobs will go unfilled over the next two decades if the
country doesn't increase its talent pool.
Canada admits more than 220,000 immigrants annually -
many of them with advanced technical or professional skills.
But too many of them cannot put their skills to good use.
Why? Because provincial licensing agencies - whether for
engineers, doctors, nurses, teachers or veterinarians,
to name a few - are reluctant to recognize foreign credentials
and work experience.
Those fortunate enough to obtain licences to practise
here often find that employers, too, are quick to discount
the foreign work experience of recent immigrants.
As a result, many immigrants are not getting jobs for
which they are qualified, even in fields such as nursing,
where we are experiencing shortages. The immigrants lose,
taxpayers lose and the Canadian economy loses by underutilizing
the pool of labour we have at our disposal.
If there is political will, Ottawa, the provinces, regulatory
agencies and business associations can find a way to break
through the barriers that are dashing the hopes of immigrants
and keeping our economy from functioning at full capacity.
More needs to be done to stop the provincial licensing
bodies from killing the dreams of qualified immigrants.
We are not suggesting that these agencies approve anyone
who applies.
Careful evaluation of the qualifications of doctors, nurses
and teachers is necessary to protect the public interest.
But the mandate is too often putting unnecessary roadblocks
in the path of qualified immigrants.
Foreign-trained doctors shouldn't be operating a corner
store. Highly qualified nurses shouldn't be babysitting.
Engineers with professional designations shouldn't be
driving cabs. Accredited accountants shouldn't be waiting
tables at the local restaurant. And qualified teachers
shouldn't be selling perfume at the department store.
So a concrete plan to stop this waste of human resources
should be a priority for the next federal government,
whichever party has the privilege of forming it.
This
is an edited excerpt of an editorial from the Vancouver
Sun.
Hot
Housing Market in Toronto
Toronto
Star - June 22, 2004
Excerpts
TONY WONG BUSINESS REPORTER
If you bought a home in the Toronto area
over the last 10 years, congratulations. You just doubled
your investment.
According to a study of the 20 biggest Canadian housing
markets, released yesterday by Century 21 Canada, Toronto
homeowners have much to smile about. But not as much as
those in some other markets.
"I guess what the survey is saying is that rising
house values aren't just a Toronto phenomenon. This is
happening all over the country, and in a big way,"
housing analyst Will Dunning said in an interview.
The 104 per cent return in Toronto however, failed to
beat the S&P/TSX composite index, which saw a return
of 131 per cent over the same period.
An earlier study by Dunning, covering a 20-year period,
also concluded that in the long term, the stock market
will invariably beat the housing market.
However, once you factor in having to pay rent, housing
becomes an attractive alternative.
"If you could live in a cardboard box, then the stock
market is the way to go. But housing has a dual purpose,
which makes it attractive because you have to live somewhere
anyway," said Dunning.
Century 21 also calculated the return on investment for
those who did not buy their homes outright but, instead,
placed a down payment and took a mortgage on their home.
Using a $20,000 down payment as an example, the company
calculated what kind of returns homebuyers would have
received.
"People
typically don't buy their homes outright; they put a down
payment first and then they leverage that money,"
said Century 21 president Don Lawby.
Based
on this calculation, the winners were typically in the
smaller markets. Over the past five years, buyers in Ottawa
would have seen a 512 per cent return on their $20,000
investment, while someone in Peterborough would have seen
a 357 per cent return. Big cities such as Vancouver and
Toronto would have seen more moderate returns of 50 per
cent and 126 percent, respectively.
Prime
Minister Martin Makes Personal Guarantee to Reduce Waiting
Times for Health Care
CAMBRIDGE, June 16 /CNW/ - Prime Minister Paul Martin
today personally guaranteed to Canadians that he will
tackle health care waiting times the same way he did the
deficit.
"I
give you my word: I will bring the same energy, drive
and determination to tackling waiting times for health
care that I did to eliminating the deficit," Martin
told a crowd at the Cambridge Rotary Club.
"I'm
here to tell you it can be done."
As
Finance Minister, Martin spearheaded the turnaround of
Canada's sagging economy, eradicating the $42-billion
deficit his Liberal government inherited in 1993 from
Brian Mulroney's Conservatives.
Under
Martin's fiscal leadership, Canada has gone on to record
an unprecedented seven consecutive balanced budgets, the
best record in the G7; pay down more than $50 billion
in debt, saving $3 billion a year in interest payments;
bring interest rates to a 40-year low; and create more
than 3 million new jobs.