Thunder Bay District LMI Blog

Prospects of Gold Mine on Geraldtons Steps Looking Good

Posted in Mining by lmi_thunderbay on April 11, 2011

According to the April 10th, 2011 edition of the Chronicle Journal, with the price of gold continuing to reach new heights, Geraldton’s prospects for a gold mine are looking better than ever. Read the latest here or visit premiergoldmines.com to read it from the source!

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Canadians’ Satisfaction with Work

Posted in Labour Market Stats by lmi_thunderbay on March 2, 2011

Canadian Education and Research for Counseling (CERIC) has recently released some encouraging news for Canadians based on a recent survey:

From executives to front-line service workers, and across occupations:

  • 86% like the work they do
  • 88% like the people they work with
  • 62% are generally content with their job, with no plans to move on.
  • For the 33% who hope to land a new position, it is for one of two reasons–either they are not happy with their compensation or are under 30 and looking for a new job with more responsibility or closer to their field of interest.

For details on the complete research carried out by CERIC, and full survey findings, visit this Newswire link: http://www.newswire.ca/en/releases/archive/February2011/02/c6366.html

Labour Force Trends

Posted in Labour Market Stats, Uncategorized by lmi_thunderbay on March 1, 2011

Based on revised data to the Labour Force Survey, “employment in the Northwestern Ontario economic region has decreased by 8,300 from January 2010 to January 2011. All job losses were in full-time employment (-8,800). During this period, fewer people looked for work leading to a decline in the size of the labour force (-7,200) and a drop in the participation rate by 3.9 percentage points to 59.4%. An increase in the number of unemployed people cause the unemployment rate to increase by 1.5 percentage points from 6.3% in January 2010 to 7.8% in January 2011. Over the same period, the provincial unemployment rate declined by 8.6% to 7.6%.” More information on this and other recent labour market information for our region can be found in the January 2011 edition of Northwest Ontario Labour Market Monitor.

Mining Sector Continues to Move Forward

Posted in Uncategorized by lmi_thunderbay on January 28, 2011
According to the December 2010 Northwest Labour Market Monitor, mining is moving forward in our area:
– Stillwater Mining Company acquired property outside of Marathon to begin a new copper and paladium mine
– Manitou Gold Inc. announced favourable test results of gold in the Upper Manitou Lake area of the Kenora Mining Division
– Noront Resources Ltd. secured $10 mil in equity financing to continue development in the Ring of Fire area
And several other exciting ventures are underway for the mining sector. Check out the December issue of the Labour Market Monitor by downloading it here.
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Labour Force Trends

Posted in Labour Market Stats by lmi_thunderbay on January 7, 2011

From the latest edition of the Northwest Ontario Labour Market Monitor:

“Employment in the Northwest Ontario economic region decreased by 3,000 from November 2009 to November 2010. Job losses were in both full-time employment (-1,700) and part-time employment (-1,300). During this period, fewer people looked for work leading to a decline in the size of the labour force (-3,700). This, combined with a decrease in the number of unemployed people, caused the unemployment rate to drop by 0.4 percentage points from 6.5% in November 2009 to 6.1% in November 2010. Over the same period, the provincial unemployment rate declined from 8.4% to 7.9%.”
Check out the latest edition of Northwest Labour Market Monitor to read more about our labour market in the last few months.

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Solar Farm to Produce 100 Jobs

Posted in Uncategorized by lmi_thunderbay on December 15, 2010

SkyPower, a Toronto-based company, has confirmed that it will construct an 8.5 MW solar park on Thunder Bay International Airport’s land. The $50 million project should be completed by mid-2011. “The project will create about 100 direct jobs during construction; there will be more economic spin-off felt in the region as SkyPower purchase supplies and materials” says SkyPower spokesman Brett James. Read the full story here: http://www.tbnewswatch.com/news/Default.aspx?cid=124131

Mine Restarts Northwest of Thunder Bay – 200 workers Called Back

Posted in Mining by lmi_thunderbay on November 25, 2010

According to the October edition of the Labour Market Monitor for Northwestern Ontario, the North American Palladium mine northwest of Thunder Bay has been restarted in October. Approximately 200 workers have been recalled at the Lac des Iles mine and with a new shaft being constructed that will reach a new ore body below the existing pit, the expectation is that the mine will be open for at least the next 10 years. Check out the news clip here: North American Palladium Mine Restarts

Highway Construction Plans Lead to Big Employment Boost

Posted in Employment Opportunities by lmi_thunderbay on November 1, 2010
According to the September edition of Northwest Ontario Labour Market Monitor (Available here), several highway construction projects funded through the “Open Ontario” plan are set to begin shortly throughout Northwestern Ontario. A 14km section between Thunder Bay and Nipigon will create 400 jobs; a second expansion project between Thunder Bay and Nipigon will create 300 jobs; and a section of Highway 11 east of Longlac expects to create 40 positions. Good news for our labour force!
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$9.5 million for Job Training Announced!

Posted in Uncategorized by lmi_thunderbay on November 1, 2010
Kenora’s MP Greg Rickford announced that $9.5 million will be provided for job training for Aboriginals: “Aboriginal people will get the skills they need to find and keep jobs as a result of projects funded by the Government of Canada.” The Government of Canada is providing over $9.5 million for these projects through its Aboriginal Skills and Employment Training Strategy. The Strategy is part of a government-wide approach to help First Nations, Métis and Inuit secure sustainable and meaningful employment.
Read the full article here: http://netnewsledger.com/?p=3542
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New Waterfront Hotels Promises 350+ Jobs

Posted in Uncategorized by lmi_thunderbay on September 28, 2010
It may be several years away yet, but the new waterfront hotel and 2 condominiums being slated for construction will produce over 350 permanent positions for the Thunder Bay economy. Read the article here: http://www.tbnewswatch.com/news/Default.aspx?cid=110955
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