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Canadian Push 9-6-13
 



 

Cargo thefts not 'victimless crime' - "Project Momentum" Canada-Ontario-Verisk Crime Analytics  Law enforcement officials came together with trucking industry representatives yesterday, to create a plan on how to reduce or eliminate cargo crime. It’s a growing problem facing the Canadian trucking industry, with some estimates suggesting it costs $5 billion per year, or $500,000 each day in the Greater Toronto Area alone. Yesterday’s meeting, hosted by Jeff Bryan Transport, included participation from law enforcement officials, the Ontario Trucking Association and Verisk Crime Analytics Canada. The initiative has been dubbed Project Momentum, and today’s meeting was just the first phase. Participants discussed how the theft of mobile equipment and goods in transit, storage and in retail locations is a major economic burden on the Canadian economy, provides funding for organized criminal networks and has been linked to smuggling and national security threats. (Source branfordexpositer.ca)



Target to open 23 more stores, including its first in Que. and N.S.  Discount retailer Target will open 23 more stores in Canada by the middle of next month, including its first stores in Quebec and Nova Scotia. The company said 14 of the new stores will open Sept. 17 and the remaining nine on Oct. 18. Target currently has 68 stores open across Canada with plans to open a total of 124 locations by the end of 2013. (Source ctvnews.ca)



CNE raid collects $1M worth of counterfeit goods 
An estimated $1 million worth of counterfeit goods was seized from the CNE grounds by Toronto police last Friday. Three booths at the Canadian National Exhibition’s Direct Energy Centre were raided by about 15 officers from the financial crimes unit, charging two owners and seeking a third. (Source cbc.ca)

    

Older workers pushing students out of part-time jobs: report
Older Canadians who can’t find higher paying jobs are pushing out students in the low-wage part-time workforce, says a new CIBC World Markets Inc. report. The jobless rate among students 15-18 years old looking for part-time work has soared to more than 20 per cent, the highest on record, as older workers are forced into part-time jobs, according to the report. Since 2007, employment in the 15-18 age group has plummeted dramatically by 22 per cent, well above the 4-per-cent drop in that group’s population, the report found. “While Canada’s unemployment rate is well off its recession highs, the quality of new jobs has left much to be desired.” Employment on the traditional turf of part-time work for young Canadians – food and retail – has plunged among those aged 19 and under but soared for other age groups, including a dramatic climb for the over-25 age set, said Mr. Shenfel. The job market has not been producing the necessary higher quality jobs for older workers, says the report. (Source theglobeandmail.com)

Retail Fast Facts: August 2013

Highlights:
• Total monthly retail sales changed by 0.5 per cent over the comparable month last year.
• Total sales excluding food, automotive and gasoline changed by -0.5 per cent over the comparable month last year. (Source retailcouncil.org)
 

 




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