Job Cuts, Burnout Costs, AI Fears, and Job Market Updates

In this episode: improving job market in Canada, upcoming layoffs of federal municipal workers, strategies to support employee mental health, fear of AI among workers and other topics.

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1. Canada’s labour market in October added 67,000 jobs, an analysis from Royal Bank of Canada | Canadian labour markets improved in October - RBC 
2. The federal government’s 2025 budget proposes cutting up to 40,000 public service jobs by 2029, sparking strong opposition from unions | Job cuts in budget would hit hard, say federal public service unions | CBC News 
3. The City of Vancouver is facing cuts of 400 jobs as part of its proposed 2026 operating budget | An estimated 400 jobs could be cut at City of Vancouver - Business in Vancouver
4. WSIB and WorkSafeNB, provincial workers’ compensation agencies have announced major financial returns to employers this fall, reflecting strong fund performance and workplace-safety outcomes across Canada | WorkSafeNB | WorkSafeNB Maintains Lowest Assessment Rate and Announces Performance Refund for Eligible Employers, WSIB returns another $2 billion in surplus funds to eligible safe Ontario businesses | WSIB 
5. A new survey commissioned by Canada Life reveals that burnout is a major financial and productivity challenge for Canadian organizations, costing $3bn annually | New Survey Reveals Burnout Is Costing Canadian Employers Millions — But There’s a Way Forward 
6. Lessons from Pratt & Whitney Canada (P&WC), recognized by Benefit Canada organization for its innovative, data-driven approach to supporting employee mental health | Pratt & Whitney Canada awarded for data-driven approach to supporting employee mental health | Benefits Canada.com 
7. A recent Express Employment Professionals-Harris Poll survey has revealed widespread job seeker’s anxiety about the impact of artificial intelligence (AI) on employment | Almost Half of Employed Canadian Job Seekers Fear Their Job Will Be Eliminated Due to AI | EEP CA Corporate