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AB Direct - Steers

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Rail: 415.00-420.00 del

AB Direct - Heifers

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US Trade- Steers

Live: 182.00 (KN, TX) 185.00 (NE)
Rail: 293.00-295.00 (NE, IA)

US Trade - Heifers

Live: 182.00 (KN, TX) 185.00 (NE)
Rail: 293.00-295.00 (NE, IA)

Canadian Dollar

$72.82
0.32
April 1, 2024 News

Worker headcounts overestimate labour contributions

According to Statistics Canada’s (StatsCan) March 2024 Economic and Social Reports, a simple headcount of Temporary Foreign Worker Program participants may be misleading when determining labour contributions.

The report, which delves into the labour force engagement of temporary residents with paid employment in 2019, reveals that despite being an important supply of labour, many temporary workers work part-time.

The report estimates that in 2019, 27.5 per cent of temporary residents who had paid employment were “weakly attached” to the labour market. This figure is more than twice the share of all Canadian-born and immigrant workers, which stands at 13.0 per cent.

The report defines “weak” labour market attachment based on annual earnings being equal to or less than $7,500, which would be comparable to working five hours per week at the Canadian average wage. For many temporary residents working in low-wage jobs, this could mean working for 500 hours per year at $15 per hour.

According to StatsCan, the industry that uses the Temporary Foreign Worker Program (TFWP) the most in Canada is the agriculture, forestry, fishing, and hunting sector. In 2019, TFWs accounted for 18 per cent of the workforce in these sectors.

The report argues that while the number of work permit holders is valuable information, it is not a good indicator of the amount of labour being provided.

About the Author

Kara grew up on a grain farm near Bow Island, Alberta. After attending SAIT and the University of Calgary — where she obtained a degree in communication and media studies, and a diploma in broadcast news — Kara began her professional career working in agricultural communications and agricultural journalism. Kara now resides near her family’s farm, raising a mix of livestock, consisting mostly of goats (because something has to eat all that kochia). Kara has a passion for storytelling, but even more so, asking the questions that matter. You can find her surrounded by farmers/ranchers and a cup of coffee — or at an upcoming ABP event!

Author

Cattle Report

Updated: 12/04/2024

Steers

Live: ---
Rail: 415.00-420.00 del

Heifers

Live: ---
Rail: 415.00-420.00 del

Choice Steers

Live: 182.00 (KN, TX) 185.00 (NE)
Rail: 293.00-295.00 (NE, IA)

Choice Heifers

Live: 182.00 (KN, TX) 185.00 (NE)
Rail: 293.00-295.00 (NE, IA)

Boner Cows

Over 500 lbs: 250.84

Canadian Dollar

$72.82   0.32

Livestock Price Insurance Index

Expiry Fed Feeder Calf
8-Jul-24 226 -- --
5-Aug-24 222 318 --
2-Sep-24 220 324 --
30-Sep-24 220 324 366
28-Oct-24 218 324 366
25-Nov-24 216 320 364
23-Dec-24 222 312 360
Last Updated on April 11, 2024

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