Job prospects and the federal election

What you need to know about your job potential in the 2015 federal election and more specifically, who you should vote for depending on your own beliefs concerning job growth and our economy.

As stated at the 2015 Federal Leaders Debate, the focus of this election is first and foremost, the economy. Canadians are concerned with their job potential and their children’s employment opportunities.

In Canada, the unemployment rate hung at 6.8 per cent until September where it rose to a little over seven per cent.

Despite this, Stats Canada released an article Friday which stated that Canada has actually created another 193,000 jobs, representing the first back-to-back month of job growth since the value of oil tanked in April.

In fact, a consensus of economists who were polled by Bloomberg, stated that they were expecting a loss of about 5,000 jobs in September.

According to Stats Canada, despite some 54,000 full-time jobs being added, some 42,000 part-time jobs were additionally lost.

Job growth was also not seen across Canada as Saskatchewan, Newfoundland and Labrador, Manitoba and New Brunswick experienced growth. Other provinces saw minimal or no job growth at all.

In construction and manufacturing, jobs took a hit during the August with natural resources and education experience minimal growth.

“While the full-time hiring tally is encouraging, job gains were again concentrated in the public sector seeing 27,000 new jobs while private sector hiring was more modest up 6,000” stated TD bank economist Leslie Preston, “Self-employment was down by 22,000 jobs, a troubling fact for Canada who at any given time has about 2 million people who are self-employed.

With the election coming up, it is important to know who represents your best interests when it comes to employment. Presented below are summaries of each political parties platforms on job creation as stated at the 2015 Federal Leaders Debate.

Q: Jobs Canada is facing structural, rather than cyclical change. Do you have a job plan, beyond taking things out of the ground?

* The following are the main points of, but not directly quoting, the politicians’ arguments.

Prime Minister Stephen Harper: “Keep our economy moving forward”

  • Our approach is multi-faceted, we have several approaches here making practical investments while keeping our taxes down and our budgets balances.
  • Interventions in the labour market.
  • Making sure people are trained for the jobs they have and orienting our immigration that way.
  • Encouraging innovation in our manufacturing sector.
  • Opening up trade markets, we have opened up more trade networks than ever before.
  • The core is making sure that our budgets remain balanced and our taxes remain down.

Thomas Mulcair: “Get the economy on track”

  • We have a plan to kick start the economy.
  • To grow manufacturing jobs.
  • To work on innovations.
  • We want to drop the taxes of Canadians medium and small business because they create 80% of new jobs in this country.
  • Balancing work and family life is an important issue to the NDP so we would create quality affordable child care at most 15 dollars a day with approximately 1 million spaces available.

Justin Trudeau: “Turn this economy around”

  • This election is about jobs. Canadians are concerned about their job potential and their children’s employment future.
  • Invest in the middle class, grow the economy and give it the kick start it needs.
  • Put more money in Canadians pockets.
  • Raising taxes on the wealthiest 1 per cent and lowers them for the middle class.
  • Investing in Canada once again, in roads, clean water, transit and jobs.
  • We are going to run three modest deficits to pay for it.
  • The investments Harper has not made. If you need a change, the liberal party has a plan.


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