Business Marketing & News From Canada

Business and marketing news.

Month: April 2020

7 Reasons Executive Search is Essential to Your Next Hire

Fortunately, trusting an executive search firm with the recruitment can help you avoid costly mistakes in the future. If you have not worked with such a company in the past, here are seven compelling reasons why you should start today:

Additional knowledge and resources: Recruiters often maintain large networks of people they are working to place in high-level jobs. This is a source you would not necessarily have access to when going about the hiring process in the usual manner. They are also adept at cold calling and getting passive candidates more interested in the position your company has to offer.
Confidentiality: This is particularly important when your company is recruiting specific candidates from another organization. Not only could you face legal troubles for approaching the employee of a competitor, it could damage your company’s reputation as well. Executive search firms also bring objectivity to the table. Your contact can tell you what a competitive industry s

These are the industries that are hiring for professional roles now

We spoke to recruiting experts, and these are the types of jobs and industries that are still seeking qualified applicants during a pandemic.

By Stephanie Vozza

If you’re looking for a gig to help pay the bills, grocery stores and delivery companies need help—and fast. But if you’re looking for something permanent or want to take the next step in your career, you may be able to find a professional role, too, says Michelle Armer, chief people officer at the job site CareerBuilder.

“There is definitely still a demand for professional and management workers across many different industries,” she says.

The catch is that you’ve got to act fast. As unemployment rates continue rise, more job seekers are scouring the market. We spoke to recruiting experts, and these are the types of jobs and industries that are still seeking qualified applicants during the pandemic:

Canada's oilpatch sheds almost $9B in spending: IHS Markit

Canada’s oilpatch sheds almost $9B in spending: IHS Markit

Canada’s oil and gas sector has slashed spending plans across the industry by $8.9 billion amid the economic fallout of the novel coronavirus, according to new estimates.

IHS Markit says while the bulk of the cuts have been made by large oilsands producers, there have also been “sizeable” spending reductions to conventional, unconventional, midstream and petrochemical projects.

It pegs the reductions in capital spending in oilsands alone at around $4.4 billion. 

“Western Canada is accustomed to price volatility,” IHS Markit said in an analysis released Tuesday. “However, the scale of this demand shock is unprecedented.”

The impact on the sector, it adds, is expected to be “protracted, deep with long lasting ramifications” for the industry, jobs and the overall economy.

Canada’s oil producers have been hit hard by oil prices that have plunged worldwide.

OPEC and its allies tried over the weekend to shore up global prices with an agreement to cut back production, but concern remains it’s not nearly enough to address a massive fall in demand due to the pandemic’s economic impact.

Indeed, the International Monetary Fund’s latest outlook says the global economy is projected to contract three per cent in 2020, much worse than during the 2008-09 financial crisis. It expects world oil prices to improve in the coming years but remain well below last year’s average level through 2023.

In recent weeks, the price of heavy crude from western Canada has fallen to well below $10 US a barrel, prompting a number of major producers to announce deep spending cuts.

IHS Markit’s preliminary estimate indicates that capital spending in the upstream oilsands in 2020 may be at their lowest levels in over 15 years. 

It also expects drilling activity in western Canada will fall further this year, adding it was already near record lows. IHS pegs the amount of capital spending cut by conventional and unconventional energy producers at more than $3 billion. 

Alberta’s provincial government has said it expects Ottawa to come to the aid of the sector soon, including some form of credit backstop and help with cleaning up after orphaned oil-and-gas infrastructure.

It’s been weeks since Finance Minister Bill Morneau said assistance was “hours, possibly days” away. Prime Minister Justin Trudeau was asked Tuesday about when the federal government would deliver such a package.

“We will and we are looking at more specific, sector-related relief and supports for those sectors that are hardest hit, whether it’s the tourism sector, the airline sector or the oil and gas industry, or others,” Trudeau said.

“We will have more to say on that shortly.”

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Inspirational Life Quotes

Don’t Just

Don’t just learn, experience.
Don’t just read, absorb.
Don’t just change, transform.
Don’t just relate, advocate.
Don’t just promise, prove.
Don’t just criticize, encourage.
Don’t just think, ponder.
Don’t just take, give.
Don’t just see, feel.
Don’t just dream, do.
Don’t just hear, listen.
Don’t just talk, act.
Don’t just tell, show.
Don’t just exist, live.”
― Roy T. Bennett, The Light in the Heart

5+ Essentials to Effectively Promoting Your Brand in Crisis

This is not a time to sit still and wait until ‘everything is normal again.’ This is a time to use your isolation to intently think long and deep about who you are as a professional, what your company REALLY does, and what the world should know about your brand – either professional or corporate. Get clear, and get ready to make sure your voice, your talents, your value and your message are heard, not silenced ….revealed, not suppressed…made visible, not extinguished…during and long after this temporary cloistering.

Without self promotion, something terrible happens – nothing. Being the best kept secret in the world is nothing to be proud of, unless you are in special ops or other covert line of work….If your breakout strategy depends on waiting to be discovered and rewarded based on merit alone, bring a lunch and several good reads – you will be waiting a long while. You have just this one life to live, and without mastering the fine art of self promotion, it is

7 Ways to Use This Time to Craft Simplicity Into Your Life

1. Begin by creating a flow chart of your daily activity, and then aim each act toward simpler work with greater results.

2. Look for simple solutions, simple pleasures and simple ways to accomplish maximum results with minimal effort.

3. Stop multitasking. Study after study has proven it never works…for anyone, even those that claim they are great at it.

4. Examine your work for the Rube Golbergs that are sapping your energy.

5. Then, ask yourself things like:

a. How can I simplify my sales effort?

b. How can I help simplify marketing?

c. How can I maximize follow up efforts?

d. How can I simplify our returns process?

e. How can I simplify the In-service of clients?

f. How can I simplify the buyers’ journey?

g. How can I simplify our billing efforts?

h. How can I simplify gaining referrals?

6. Then, do the same thing in your personal life.

7. Focus on simplicity in everything, every day.

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