Labour Market Monitor - Human Resources and Skills Development ...

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Labour Market Monitor - Ottawa, June 2012 Page 2 Manufacturing Spartech Corporation will close their plastics sheeting plant in Cornwall by January 2013. The US-based company employed 47 people. Most production will be moved to Spartech’s plant in Granby, Quebec. (Cornwall Daily, May 24) Retail trade Target Canada confirmed opening a store at the County Fair Mall in Smiths Falls by the fall of 2013. It will replace the current Zellers store with renovations beginning after Zellers closes in February 2013. About 150 to 200 full-time and part-time jobs will be created at the new store. (Smiths Falls EMC, May 30) Information and cultural industries The TELUS Communications Company will be hiring more than 80 people in 2012, and spend $210M over the next three years to help support the improvement and expansion of its 4G network in the Ottawa-Gatineau region. The new hires are in addition to the 600 people currently employed locally by the company. (Ottawa Business Journal, June 1) Finance and insurance Ottawa-based Union of Canada Life Insurance closed and 23 people were laid off. The company was granted court approval in May to begin liquidation and transfer life insurance policies to another insurer. (Ottawa Business Journal, June 13) Real estate and rental and leasing The Ottawa Real Estate Board stated 1,896 homes were sold in May, a 14.3% increase over the number sold in May 2011. Year-to-date, 6,549 homes changed hands, an increase of 7.7% over January to May 2011. (Ottawa Citizen, June 6) Professional, scientific and technical services Energate Inc. received $2.9M from Ontario’s Smart Grid Fund to install smart energy management displays for up to 1,000 Ontario homes. The Ottawa-based company will create up to 60 jobs for this pilot project to collect information about power consumption that may be monitored remotely. (Ottawa Citizen, June 12) Ottawa-based social media company Soshal Group will be hiring up to eight new staff after moving to a larger office on Wellington Street. New employees are expected to be computer developers and people to expand client services. (Ottawa Business Journal, June 4) Embotics Corporation which makes cloud computing software, obtained $8.4M in equity financing from VentureLink LP, Covington Fund II Inc. (Covington), and other private investors. The Ottawa-based company plans to hire about 10 people in engineering and sales. (Ottawa Citizen, June 12)
Labour Market Monitor - Ottawa, June 2012 Page 3 GaN Systems Inc., a semiconductor company based in Ottawa, has secured venture capital funding to broaden its research program. The company expects to almost double its current workforce of 11 employees by the end of 2012. (Ottawa Business Journal, June 19) Accommodation and food services Maple Leaf Sports and Entertainment Ltd. will be opening the Real Sports Bar & Grill in Ottawa’s Byward Market by the fall of 2012. Approximately 150 part-time staff will be hired. (Ottawa Citizen, June 19) Public administration The Town of Perth will switch from operating a municipal police force to using Ontario Provincial Police (OPP) services by 2013. All officers currently employed by the town, including the chief and inspector, will be offered positions with the OPP. (Lake 88.1 radio station, June 13) Note: In preparing this document, the authors have taken care to provide clients with labour market information that is timely and accurate at the time of publication. Since labour market conditions are dynamic, some of the information presented here may have changed since this document was published. Users are encouraged to also refer to other sources for additional information on the local economy and labour market. Information contained in this document does not necessarily reflect official policies of Human Resources and Skills Development Canada. Prepared by: Labour Market Information (LMI) Division, Ottawa, Ontario For further information, please contact the LMI team at: lmi-imt@workingincanada.gc.ca For information on the Labour Force Survey, please visit the Statistics Canada Web site at: http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/lfss05d-eng.htm
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