Close X
Saturday, November 23, 2024
ADVT 
National

Huge job losses in B.C. indicate a 'hard road ahead': finance minister

Darpan News Desk The Canadian Press, 08 May, 2020 05:46 PM
  • Huge job losses in B.C. indicate a 'hard road ahead': finance minister
  • Huge job losses in B.C. indicate a 'hard road ahead': finance minister
  • Huge job losses in B.C. indicate a 'hard road ahead': finance minister
< >

British Columbia Finance Minister Carole James says she doesn't want to sugar coat what will be a hard road ahead as labour force figures show the province lost a quarter of a million jobs in April. Combined with jobless figures in March, almost 400,000 people were unemployed.

James says nearly half of the job losses were in food services and the wholesale and retail sectors.

B.C.’s unemployment rate jumped to 11.5 per cent in April, but remains below the national rate of 13 per cent.

James says it's too early to say what impact the COVID-19 pandemic will have on B.C.'s budget, but her quarterly report at the end of the summer will give more details.

She says the province has strong economic fundamentals and the government is working to build a robust rebound for B.C.

MORE National ARTICLES

Cruise Ships Carrying Canadians On The Move Toward Florida

Cruise Ships Carrying Canadians On The Move Toward Florida
Two cruise ships carrying nearly 2,700 passengers and crew, including 248 Canadians are on the move after being stranded off the coast of Panama following the deaths of four passengers with flu-like symptoms.

Cruise Ships Carrying Canadians On The Move Toward Florida

COVID-19 Continues To Spread As Domestic Travel Restrictions Come Into Effect

COVID-19 continued its unforgiving march into new areas of the country on Monday, sweeping through long-term care homes and religious communities and into vulnerable regions as the federal government brought in new domestic travel restrictions.

COVID-19 Continues To Spread As Domestic Travel Restrictions Come Into Effect

Calgary Blocks Traffic Lanes To Help Pathway Users Maintain Two-Metre Separation

Fans of a decision by Calgary officials to block off some traffic lanes to give pedestrians and cyclists extra room for social distancing hope others cities will follow suit.

Calgary Blocks Traffic Lanes To Help Pathway Users Maintain Two-Metre Separation

Feds Rolling Out Help For Charities Hit Hard By Covid-19 Economic Slowdown

The federal government signalled Sunday it is shifting the focus of its COVID-19 aid towards Canada's most vulnerable as public health experts expressed cautious optimism the nation's physical distancing experiment could be working.

Feds Rolling Out Help For Charities Hit Hard By Covid-19 Economic Slowdown

The Latest Numbers On Covid-19 In Canada

The latest numbers of confirmed and presumptive COVID-19 cases in Canada as of 1:25 p.m. on March 30, 2020:

The Latest Numbers On Covid-19 In Canada

Large Business, Non-profits, Charities Eligible For Wage Subsidy, Trudeau Says

The 75-per-cent subsidy on wages meant to cushion the blow from the pandemic will be available to employers that can show their revenues have fallen by at least 30 per cent due to COVID-19.

Large Business, Non-profits, Charities Eligible For Wage Subsidy, Trudeau Says