Foreign migrants looking for work in Canada should watch out for the mid-sized British Columbia city of Kelowna which is now ranked the number one spot for job seekers in Canada. Canada’s Best Cities For Finding Jobs Right Now Despite COVID-19 Pandemic
As the second wave of the coronavirus ravages through Canada in the last few months of 2020, the West Coast province fared better economically of all the big provinces in the country.
And Kelowna, a city with a population of nearly over 142,000 in the Okanagan Valley, came out on top in a national ranking of best cities for finding jobs (by their labor market performances) recently released by a Bank of Montreal senior economist.
Smaller Cities Outperform Bigger Cities
Kelowna rose fourteen (14) spots in the latest Regional Labor Market Report Card issued by senior economist Robert Kovacic. In that report, titled ‘Second Wave Washes Ashore’, the bank’s director of economics said the second wave of the coronavirus pandemic affected Canada’s big cities more than the smaller ones.
“The larger urban centres have slide more than the smaller cities, likely the result of higher job concentrations in bars, tourism, restaurants, and personal services,” wrote Kavacic.
The labor market report card ranks cities by five major criteria: their population growth; unemployment rate; increases or decreases in employment; improvements or drops in their employment rate; and changes in the unemployment rates.
In the past year, Kelowna city saw both a 2.1 percent growth in its population and a 2.9 percent improvement in the number of people with jobs. The British Columbia city has an employment rate of 62.3 per cent.
The top 10 best cities for finding jobs in Canada, as indicated in the Bank of Montreal report, are:
- Quebec City;
- Trois-Rivieres, and;
Toronto Unemployment Climbs to 10.7%
Canada’s biggest city, Toronto, fell nineteen (19) spots in the ranking in this latest report compared to the previous year as employment in the metropolis dropped 2.2 per cent and unemployment jumped to 10.7 percent.
The ten (10) Canadian cities with the worst labor market performance over the past year, beginning with the worst, are:
- St. Catherines;
- Saint John;
- Thunder Bay;
- Edmonton, and;
Although Peterborough did see marginal population growth, increasing in size by 0.7 percent, it also saw a slump in the employment of 7.7 percent, and its unemployment rate went up to 13.5 percent.
Among Canada’s other big cities, Montreal improved over its previous ranking by placing 11th with an unemployment rate of 8.1 per cent.
In British Columbia, Victoria and Vancouver both dropped in the rankings.
Vancouver placed Seventeenth as its employment rate was only 60.9 percent, in part due to population growth of 1.8 percent over the year and a drop in employment of 3.5 percent during that period.
Ottawa lost 9.1% of its Jobs During 2020
The provincial capital, Victoria, fared a little better but also dropped in the rankings this year, dropping to 15th as employment fell by 3.5 percent.
In oil-producing Alberta, hit hard by both the COVID-19 pandemic and a drop in the oil sector, Calgary dropped to 18th in the rankings and its unemployment rate was 10.4 percent.
The Atlantic Canadian city of St. John’s increased a bit in the rankings but still placed 20th with a population growth of one percent, a drop in employment of three (3) percent, and unemployment at 8.7 percent.
The Canadian capital, Ottawa, dropped 21 spots to close the year in the 22nd spot as the city lost 9.1 percent of its jobs and saw its unemployment rate reach 6.6 percent.