Employers boost recruitment of temporary foreign workers, despite softer labour market [Globe and Mail, The (Toronto, Canada)]
McDonald's Corporation (MCD)
Last mcdonald's corporation earnings: 4/30 06:58 am
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Source: Globe and Mail, The
During the last quarter of 2023, employers were approved to fill more than 81,000 positions through the Temporary Foreign Worker Program, according to figures shared by the federal government with The Globe and Mail. It was easily the largest quarter for approvals since Ottawa made several employer-friendly changes to the program in the spring of 2022. For the year, employers were approved to fill roughly 240,000 job vacancies, an increase of 7.5 per cent from 2022 – and more than double what was permitted in 2018. The federal government is now trying to clamp down on temporary migration to the country with various changes that include tighter restrictions on the TFW program. Immigration Minister Marc Miller has said that Canadian companies have become “addicted” to temporary foreign labour. “Let me be clear, the Temporary Foreign Worker Program is a last resort,” Employment Minister Randy Boissonnault said at a news conference last month. “Employers should not use the Temporar
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MCD
News
- Global Online Food Delivery Market Projected to Surge at a 4.3% CAGR through 2028 - Technological and Consumer Trends Propelling Growth [Yahoo! Finance]Yahoo! Finance
- McDonald's Co. (NYSE: MCD) had its price target lowered by analysts at Guggenheim from $325.00 to $315.00. They now have a "buy" rating on the stock.MarketBeat
- Krispy Kreme to expand into Germany with ISH Kreme [Yahoo! Finance]Yahoo! Finance
- McDonald's Co. (NYSE: MCD) had its price target lowered by analysts at Truist Financial Co. from $337.00 to $320.00. They now have a "buy" rating on the stock.MarketBeat
- Chili's and Applebee's woo inflation-weary diners as fast food prices continue to climb [Yahoo! Finance]Yahoo! Finance
MCD
Earnings
- 4/30/24 - Miss
MCD
Sec Filings
- 4/30/24 - Form 8-K
- 4/29/24 - Form PX14A6G
- 4/23/24 - Form 144
- MCD's page on the SEC website