Connect with us
[bsa_pro_ad_space id=12]

Business

Panhandling May Not Be So Bad After All

Published

4 minute read

Anyone who’s ever gone through a period of unemployment knows how badly it can play on one’s mental state.

With a 6.9 per cent unemployment rate and mass lay-offs still hovering over Calgary’s picturesque skyline, the thought of becoming a part of that statistic is less than ideal. Whether it be a boot out the door, a lay-off, or an unexpected company closure, it causes a state of panic – a surprise slap across the face by an ROE, or in some cases, a non-existent ROE.

Mia Ostere, a former long-term employee at The UPS Store in Crowfoot Crescent (R.I.P), is currently living this reality. Like any other morning, she arrived at the store on January 1, only to find that a sign had been posted by the owner, stating that they decided to close the store for good.

“I was told the day before to hand in my keys, but I would still have a job.” Said Ostere. “I literally stood there wondering, what now?” Like, Ostere, many Calgarians are finding themselves joining the ranks of the unemployed. Opening the doors to self-sabotaging, negative self fulfilling prophecies, and a mental state so fragile, the slightest thing can cause it to shatter.

With the high volume of job-hungry Calgarians, propelling resumes and cover letters by the dozen through online job boards, desperation begins to take its toll, playing its starring role.

I’ve been applying to as many jobs as possible every single day, but with the economy, it’s really tough.” Said Ostere. Anxiety, depression, suicidal thoughts, and feeling of hopelessness, are just a few of the prime suspects in the case of both long-term and short-term unemployment.

“Honestly, I feel like I’m slipping into a bit of a depression, it’s all too much.” Explained Ostere. Fortunately, there are places to turn when the going is getting a little too tough. Counselling, through organizations such as the Calgary Counselling Centre, employment support, and self-care are all highly recommended options throughout any period of unemployment, to help cope and get back into the workforce.

Apps are also readily available, one in particular called Head space: Meditation & Sleep, which provides support through Mindfulness exercises and guided meditation.

When there is a stack of bills piling up on the kitchen table and Mr. Mortgage is knocking on the front door – it’s incredibly difficult to position oneself in the Full Lotus position, eyes closed, brain slipping into a full-blown state of Zen, while the mind is constantly thinking about how to position itself snuggly under a security blanket, with a steady income wrapped inside.

Perhaps enhancing those transferable skills will have to be put on the back burner for a while. In the meantime, it’s time to dust off the resume, throw on those pair of slacks that have been abandoned in the closet, and slip on those blue, ahem, black suede shoes. As the old saying goes: “If you’re going through hell, keep going.”

Onwards soldiers, onwards.

Follow Author

Business

Debunking the myth of the ‘new economy’

Published on

From Resource Works

Where the money comes from isn’t hard to see – if you look at the facts

In British Columbia, the economy is sometimes discussed through the lens of a “new economy” focused on urbanization, high-tech innovation, and creative industries. However, this perspective frequently overlooks the foundational role that the province’s natural resource industries play in generating the income that fuels public services, infrastructure, and daily life.

The Economic Reality

British Columbia’s economy is highly urbanized, with 85% of the population living in urban areas as of the 2021 Census, concentrated primarily in the Lower Mainland and the Capital Regional District.
These metropolitan regions contribute significantly to economic activity, particularly in population-serving sectors like retail, healthcare, and education. However, much of the province’s income—what we call the “first dollar”—originates in the non-metropolitan resource regions.

Natural resources remain the backbone of British Columbia’s economy. Industries such as forestry, mining, energy, and agriculture generate export revenue that flows into the provincial economy, supporting urban and rural communities alike. These sectors are not only vital for direct employment but also underpin metropolitan economic activities through the export income they generate.

They also pay taxes, fees, royalties, and more to governments, thus supporting public services and programs.

Exports: The Tap Filling the Economic Bathtub

The analogy of a bathtub aptly describes the provincial economy:

  • Exports are the water entering the tub, representing income from goods and services sold outside the province.
  • Imports are the water draining out, as money leaves the province to purchase external goods and services.
  • The population-serving sector circulates water within the tub, but it depends entirely on the level of water maintained by exports.

In British Columbia, international exports have historically played a critical role. In 2022, the province exported $56 billion worth of goods internationally, led by forestry products, energy, and minerals. While metropolitan areas may handle the logistics and administration of these exports, the resources themselves—and the wealth they generate—are predominantly extracted and processed in rural and resource-rich regions.

Metropolitan Contributions and Limitations

Although metropolitan regions like Vancouver and Victoria are often seen as economic powerhouses, they are not self-sustaining engines of growth. These cities rely heavily on income generated by resource exports, which enable the public services and infrastructure that support urban living. Without the wealth generated in resource regions, the urban economy would struggle to maintain its standard of living.

For instance, while tech and creative industries are growing in prominence, they remain a smaller fraction of the provincial economy compared to traditional resource industries. The resource sectors accounted for nearly 9% of provincial GDP in 2022, while the tech sector contributed approximately 7%.

Moreover, resource exports are critical for maintaining a positive trade balance, ensuring that the “economic bathtub” remains full.

A Call for Balanced Economic Policy

Policymakers and urban leaders must recognize the disproportionate contribution of British Columbia’s resource regions to the provincial economy. While urban areas drive innovation and service-based activities, these rely on the income generated by resource exports. Efforts to increase taxation or regulatory burdens on resource industries risk undermining the very foundation of provincial prosperity.

Furthermore, metropolitan regions should actively support resource-based industries through partnerships, infrastructure development, and advocacy. A balanced economic strategy—rooted in both urban and resource region contributions—is essential to ensure long-term sustainability and equitable growth across British Columbia.

At least B.C. Premier David Eby has begun to promise that “a new responsible, sustainable development of natural resources will be a core focus of our government,” and has told resource leaders that “Our government will work with you to eliminate unnecessary red tape and bureaucratic processes.” Those leaders await the results.

Conclusion

British Columbia’s prosperity is deeply interconnected, with urban centres and resource regions playing complementary roles. However, the evidence is clear: the resource sectors, particularly in the northern half of the province, remain the primary engines of economic growth. Acknowledging and supporting these industries is not only fair but also critical to sustaining the provincial economy and the public services that benefit all British Columbians.

Sources:

  1. Statistics Canada: Census 2021 Population and Dwelling Counts.
  2. BC Stats: Economic Accounts and Export Data (2022).
  3. Natural Resources Canada: Forestry, Mining, and Energy Sector Reports.
  4. Trade Data Online: Government of Canada Export and Import Statistics.
Continue Reading

Business

Trump puts all federal DEI staff on paid leave

Published on

From LifeSiteNews

By Emily Mangiaracina

Trump’s shuttering of federal DEI programs is in keeping with his promise to ‘forge a society that is colorblind and merit-based.’

President Donald Trump has ordered all federal diversity, equity and inclusion (DEI) staff to be placed on paid leave by Wednesday evening, in accordance with his executive order signed on Monday.

The president pledged during his inaugural address to “forge a society that is colorblind and merit-based,” which is the impetus behind his efforts to abolish DEI programs that prioritize race and ethnicity above merit when hiring workers.

Trump’s Executive Order on Ending Radical and Wasteful Government DEI Programs and Preferencing stated, “Americans deserve a government committed to serving every person with equal dignity and respect, and to expending precious taxpayer resources only on making America great.”

“President Trump campaigned on ending the scourge of DEI from our federal government and returning America to a merit based society where people are hired based on their skills, not for the color of their skin,” White House press secretary Karoline Leavitt said in a statement Tuesday night. “This is another win for Americans of all races, religions, and creeds. Promises made, promises kept.”

The Office of Personnel Management issued a memo to the leaders of federal departments instructing them to inform employees by 5 p.m. ET on Wednesday that they will be placed on paid administrative leave as all DEI offices and programs prepare to shut down, according to NBC News.

It is unclear how many employees will be affected by the erasure of federal DEI programs.

Diversity training has “exploded” in the federal government since Joe Biden took office in 2020, the Beacon noted, with all federal agencies having mandated a form of DEI training before he left office.

DEI initiatives have long been widely denounced by conservatives and moderates as divisive, but they have been coming under increasing fire for undermining the competence and most basic functioning of public institutions and private corporations, even putting lives at risk.

For example, some commentators have blamed growing – and at times catastrophic and fatal – airplane safety failures in part on DEI hires and policies. Upon the revelation that a doctor at Duke Medical School was “abandoning… all sort(s) of metrics” in hiring surgeons in order to implement DEI practice, Elon Musk warned that “people will die” because of DEI.

Continue Reading

Trending

X