Labour Market Monitor - Human Resources and Skills Development ...
Labour Market Monitor - Human Resources and Skills Development ...
Labour Market Monitor - Human Resources and Skills Development ...
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<strong>Labour</strong> <strong>Market</strong> <strong>Monitor</strong> - Ottawa, June 2012 Page 2<br />
Manufacturing<br />
Spartech Corporation will close their plastics sheeting plant in Cornwall by January 2013. The US-based<br />
company employed 47 people. Most production will be moved to Spartech’s plant in Granby, Quebec.<br />
(Cornwall Daily, May 24)<br />
Retail trade<br />
Target Canada confirmed opening a store at the County Fair Mall in Smiths Falls by the fall of 2013. It will<br />
replace the current Zellers store with renovations beginning after Zellers closes in February 2013. About 150 to<br />
200 full-time <strong>and</strong> part-time jobs will be created at the new store. (Smiths Falls EMC, May 30)<br />
Information <strong>and</strong> cultural industries<br />
The TELUS Communications Company will be hiring more than 80 people in 2012, <strong>and</strong> spend $210M over the<br />
next three years to help support the improvement <strong>and</strong> expansion of its 4G network in the Ottawa-Gatineau<br />
region. The new hires are in addition to the 600 people currently employed locally by the company. (Ottawa<br />
Business Journal, June 1)<br />
Finance <strong>and</strong> insurance<br />
Ottawa-based Union of Canada Life Insurance closed <strong>and</strong> 23 people were laid off. The company was granted<br />
court approval in May to begin liquidation <strong>and</strong> transfer life insurance policies to another insurer. (Ottawa<br />
Business Journal, June 13)<br />
Real estate <strong>and</strong> rental <strong>and</strong> leasing<br />
The Ottawa Real Estate Board stated 1,896 homes were sold in May, a 14.3% increase over the number sold in<br />
May 2011. Year-to-date, 6,549 homes changed h<strong>and</strong>s, an increase of 7.7% over January to May 2011. (Ottawa<br />
Citizen, June 6)<br />
Professional, scientific <strong>and</strong> technical services<br />
Energate Inc. received $2.9M from Ontario’s Smart Grid Fund to install smart energy management displays for<br />
up to 1,000 Ontario homes. The Ottawa-based company will create up to 60 jobs for this pilot project to collect<br />
information about power consumption that may be monitored remotely. (Ottawa Citizen, June 12)<br />
Ottawa-based social media company Soshal Group will be hiring up to eight new staff after moving to a larger<br />
office on Wellington Street. New employees are expected to be computer developers <strong>and</strong> people to exp<strong>and</strong><br />
client services. (Ottawa Business Journal, June 4)<br />
Embotics Corporation which makes cloud computing software, obtained $8.4M in equity financing from<br />
VentureLink LP, Covington Fund II Inc. (Covington), <strong>and</strong> other private investors. The Ottawa-based company<br />
plans to hire about 10 people in engineering <strong>and</strong> sales. (Ottawa Citizen, June 12)
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