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Posthaste: What Canadians should consider in a post-pandemic work-from-home world – Financial Post

1 / 4 of surveyed Canadians had been uncertain of their firm’s return-to-work plan

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There’s little doubt that the pandemic has been the primary driver of the work-from-home development currently, having many Canadians really feel accustomed to working from the consolation of their sofa, their dwelling workplace, and even their mattress.

So accustomed, in reality, that 61 per cent of surveyed Canadians favor a hybrid work mannequin that sees them spending some days of the week within the workplace and different days at dwelling, in accordance with skilled providers and consulting agency Accenture Plc. Nonetheless, there are just a few psychological well being and labour legislation concerns staff and their bosses must consider on this hybrid world.

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In terms of the demographic breakdown, it seems that 74 per cent of younger Gen Z employees are excited concerning the alternative to collaborate with colleagues in an onsite face-to-face setting. Youthful millennials in giant city settings had been additionally extra prone to really feel extra productive with onsite work, in accordance with the report.

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That is juxtaposed with nomadic distant employees that favor extra versatile choices, usually being Era X and older millennial staff, often based mostly in rural settings the place getting round could also be tougher.

Nonetheless, the demographics don’t essentially outline the perspective. A lot of those office preferences are based mostly on whether or not or not staff really feel that they’ve the right sources to handle their considerations, whether or not they’re psychological well being points or a supportive management presence. Psychological well being has grow to be a extra urgent problem in workplaces, significantly over the previous two years when the COVID-19 pandemic has weighed on morale.

“Canadians have tailored and have shortly grow to be the ‘productive, wherever’ employee,” stated Janet Krstevski, Accenture’s managing director and the Canada expertise and group follow lead, within the report. “Nonetheless, the state of Canadians’ psychological well being is regarding and as accountable leaders, we have to advance the way forward for work dialogue to be not nearly location, however to additionally deal with what drives the productiveness, well being and resilience of Canadian employees.”

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Office psychological well being, whether or not it’s felt within the workplace or at dwelling, could proceed to affect these choices. The Psychological Well being Index report by LifeWorks discovered that 68 per cent of surveyed Canadians have had issue with their psychological well being with one in 5 Canadians indicating that isolation had been probably the most troublesome half for them.

The report additionally addressed that working Canadians want extra readability from their employers on the subject of plans to return to the workplace. A minimum of one quarter of surveyed Canadians stated they’re uncertain of what the return-to-work plan is and 12 per cent don’t even imagine their employer has a plan in place, making all of them the extra uneasy about what the subsequent few months could carry.

This additionally comes at a time when headlines are rife with main firms saying their expectations of staff returning to the workplace round fall.

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One other subject that must be addressed within the work-from-home actuality is the labour legislation aspect of distant work. A report by the Fraser Institute argues that policymakers shouldn’t implement outdated legal guidelines and rules on a distant working mannequin (which will be additional slowed down by provincial jurisdiction points as some employees reside in a single province and work in one other), however ought to as a substitute deal with taking down the limitations that forestall telecommuting employment in Canada.

“Legal guidelines designed for giant, structured companies simply don’t make sense when persons are working from dwelling,” stated Jason Clemens, the chief vice chairman on the Fraser Institute. “Employment requirements concerning works hours and breaks, for instance, are not possible to implement when staff work remotely.”

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MORE ON THE BRAVE NEW WORLD OF WORK:

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A Greenpeace banner reading ’No GNL’ is shown hanging from a building under construction on the site of the MIL campus of the University of Montreal in Montreal, Saturday, October 17, 2020. THE CANADIAN PRESS/Graham Hughes
A Greenpeace banner studying ’No GNL’ is proven hanging from a constructing underneath development on the positioning of the MIL campus of the College of Montreal in Montreal, Saturday, October 17, 2020. THE CANADIAN PRESS/Graham Hughes
NO TO GNL QUEBEC: Quebec on Wednesday rejected a liquefied pure fuel export venture for the Port of Saguenay, citing environmental considerations, within the newest blow to North American LNG growth. Quebec Surroundings Minister Benoit Charette stated the proposed Énergie Saguenay projectis not going to come to go because of considerations over its emissions and wouldn’t assist a transition to cleaner power sources. “This venture has extra disadvantages than benefits,” Charette advised reporters. The $9 billion (US$7.2 billion) venture by privately held GNL Quebec had plans to export 11 million tonnes of LNG a 12 months from Western Canadian sources, in accordance with the corporate’s web site.

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  • Deputy Prime Minister Chrystia Freeland makes an announcement and holds a media availability, joined by Minister of Veterans Affairs Lawrence MacAulay. Founders’ Meals Corridor and Market 6 Prince Avenue in Charlottetown
  • Steven Guilbeault, minister of Canadian Heritage, will announce the recipients from the province of Quebec for the fourth cohort of the Artistic Export Canada program in Montreal
  • Innovation Minister Francois-Philippe Champagne makes an announcement about electrical automobile infrastructure in Trois-Riveres, Que.
  • Prime Minister Justin Trudeau will take part within the Nationwide Summit on Islamophobia in Ottawa
  • Terry Sheehan, parliamentary Secretary to the minister chargeable for FedNor, will make a digital announcement on native jobs, enterprise and neighborhood financial growth and development within the Timmins—James Bay area
  • Marie-Claude Bibeau, federal Minister of Agriculture and Agri-Meals, will spotlight ongoing assist measures for Manitoba and Canadian farmers impacted by excessive climate, following a tour of farms within the drought-stricken Interlake Area in Manitoba
  • Notable Earnings: Aecon Group Inc., MEG Vitality Corp., Precision Drilling Corp. and Newmont Corp.

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Bay Avenue dealmakers who’ve spent their careers within the skies, shifting tens of millions of {dollars} with a handshake, have charged into 2021 from their dwelling places of work and eating room tables to set the tempo for what may very well be a record-breaking 12 months of offers, writes Stefanie Marotta.

Within the first half of the 12 months, funding bankers and attorneys brokered offers sooner than they’ve for the reason that dotcom increase of 1999. With inventory market valuations on a tear and corporations seeking to speed up their development plans after final 12 months’s COVID-induced lull, issuers raced to seize a bit of the flourishing capital available in the market.
Through the first six months of 2021, Canadian issuers processed 828 offers, a 29.6 per cent soar from the primary half of final 12 months, in accordance with Monetary Submit Information. Learn the complete story here.The chart beneath initially appeared within the FP Finance publication. Sign up here to get it in your inbox each Thursday.

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It’s onerous to think about which you can purchase a bit of Apple for lower than the price of a single honeycrisp, but it surely’s true.

Earlier this month, Wealthsimple grew to become the primary Canadian buying and selling platform to supply fractional shares of each U.S. and home firms.

As an alternative of doling out a whole lot and even 1000’s of {dollars} on a full share of Amazon or Shopify, you should buy a portion of a share for the sum of your selection — even when it’s $1, in accordance with our content partner MoneyWise.

Which means Canadians who use Wealthsimple now have the liberty to handpick a various portfolio of promising firms with out being restricted by their funds.

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Right this moment’s Posthaste was written by Stephanie Hughes (@StephHughes95), with further reporting from The Canadian Press, Thomson Reuters and Bloomberg.

Have a narrative concept, pitch, embargoed report, or a suggestion for this article? E-mail us at [email protected], or hit reply to ship us a notice.

Take heed to All the way down to Enterprise for in-depth discussions and insights into the newest in Canadian enterprise, out there wherever you get your podcasts. Try the newest episode beneath:

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In-depth reporting on the innovation economic system from The Logic, delivered to you in partnership with the Monetary Submit.

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