News Briefs

Saskatchewan supporting recruitment in Ireland; Pension changes likely in 2020-25: Flaherty
|Canadian HR Reporter|Last Updated: 02/27/2012

Saskatchewan supporting recruitment in Ireland

REGINA The government of Saskatchewan and employers throughout the province will embark on a labour recruitment mission to Ireland in March. Immigration staff will support employers at career fairs in Dublin (March 3 to 4) and Cork (March 7) where more than 9,000 candidates in fields such as trades and construction, engineering and health sciences are expected to attend. The Irish Economic and Social Research Institute estimates 75,000 Irish are expected to emigrate in 2012 as unemployment in the country continues to rise. Twenty-two employers have committed to participating in the mission, with more than 275 vacancies on offer.

Pension changes likely in 2020-25: Flaherty

OTTAWA Changes to Canada’s Old Age Security (OAS) pension program will likely come in 2020 or beyond and involve more than one federal budget, according to Finance Minister Jim Flaherty. Prime Minister Stephen Harper has said Ottawa may need to limit the growth of spending on the pension program, one key pillar of the pension system, to address funding problems that will arise when baby boomers retire and the number of contributors in the workforce shrinks. Harper, who said the current system is unsustainable, has not provided any details but one widely floated idea would raise the minimum age for receiving benefits to 67 from 65.

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