10 types of jobs that will make you most welcome in Canada

• Rachel Gillett
 
• Nov. 10, 2016, 10:04 AM
• 483,562

If you have one of these jobs, Canada might just fast-track you.REUTERS/Chris Wattie

If the recent upset victory for Donald Trump has you fantasizing about moving to Canada, you may be in luck — Canada is, in fact, looking for a few skilled men and women (actually, thousands of them).

As Business Insider's Chris Weller previously reported, Canada's fast-track system for immigration called Express Entry is perhaps the quickest way for skilled workers to transition into a role in the country. The Canadian government has committed to an application processing time of six months for most cases.

All applicants for Express Entry are scored based on factors including their skills, work experience, language ability, and education, and then they're ranked with other applicants. Those at the top of the rankings are then invited to become permanent residents.

Following the program's launch in 2015, the Canadian government reports that more than 31,000 invitations to apply for permanent residence have been issued to a diverse range of highly skilled immigrants.

According to the Canadian government, these are the occupations most frequently invited to apply for permanent residency as of January 3, 2016:

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10. Financial and investment analysts

Shutterstock

Number of successful Express Entry applicants: 446

Percent of invited applicants: 1.4%

9. Financial auditors and accountants

Justin Sullivan / Staff / Getty Images

Number of successful Express Entry applicants: 494

Percent of invited applicants: 1.6%

8. Graphic designers and illustrators

Thomson Reuters

Number of successful Express Entry applicants: 550

Percent of invited applicants: 1.8%

7. Retail sales supervisors

REUTERS/Olivia Harris

Number of successful Express Entry applicants: 669

Percent of invited applicants: 2.2%

6. University professors and lecturers

Joby Elliott/flickr

Number of successful Express Entry applicants: 745

Percent of invited applicants: 2.4%

5. Computer programmers and interactive media developers

Ray_LAC/Flickr

Number of successful Express Entry applicants: 935

Percent of invited applicants: 3%

4. Software engineers

Adam Berry/Getty Images

Number of successful Express Entry applicants: 940

Percent of invited applicants: 3%

3. Information systems analysts and consultants

AP Photo/Itsuo Inouye

Number of successful Express Entry applicants: 1,255

Percent of invited applicants: 4%

2. Cooks

Amy Sussman/ AP Images

Number of successful Express Entry applicants: 2,295

Percent of invited applicants: 7.4%

1. Food service supervisors

Reuters/Kacper Pempel

Number of successful Express Entry applicants: 2,356

Percent of invited applicants: 7.6%

DON'T MISS: Crafty advertisers are using tongue-in-cheek ads to attract Americans set on moving to Canada

SEE ALSO: How to move to Canada and become a Canadian citizen

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ESPN is crushing Disney

• Akin Oyedele
 

• 22h
• 7,490

REUTERS/Michelle McLoughlin

Disney reported third-quarter earnings that missed analysts' expectations as ad revenues from ESPN fell. 

The media and entertainment giant said Thursday that its adjusted earnings per share was $1.10, but analysts had expected $1.16 according to Bloomberg. Sales totaled $13.1 billion, short of the forecast for $13. 5 billion. 

ESPN advertising revenue fell because of fewer impressions and lower rates, Disney said in its earnings statement. Programming costs were also higher, escalated by the costs of Olympics programming, rights to air the World Cup of Hockey, and higher rates for college sports. 

And like other cable networks, ESPN is grappling with a consumer shift towards cheaper streaming services and away from cable and satellite bundles. The number of households with the sports network has declined since 2013.

In all, operating income at Disney's cable networks fell 13% year-on-year to $1.4 billion. Income at parks and resorts was also lower after attendance at Hong Kong Disneyland Resort fell, and weakness at Disneyland Paris.

Walt Disney Walt Resort in Florida experienced sales growth after cost cuts and higher ticket prices.

"Fiscal 2016 was our sixth consecutive year of record results, highlighted by the opening of Shanghai Disney Resort, the phenomenally successful return of Star Wars, and our Studio’s record-breaking $7.5 billion in total box office," said CEO Robert Iger in the earnings statement. 

Disney shares fell by as much as 3% in after-hours trading. They slumped 9% this year through the market close on Thursday. Markets Insider

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DOW HITS ALL-TIME HIGHS: Here's what you need to know

• Elena Holodny
 

• 23h
• 8,295

A girl jumps on a trampoline in Soweto, southwest of Johannesburg,October 6 2010.REUTERS/Siphiwe Sibeko

Stocks rose on Thursday, with the Dow hitting all-time highs.

The S&P 500 also finished in the green, but the tech-heavy Nasdaq tumbled into the red.

Early in the morning, tech stocks were getting slammed pretty hard. Amazon was down by 4.8%, Facebook was down by 5.3%, Google was down by 4.1%, and Apple was down by 3.3%.

First up, the scoreboard:

• Dow: 18,807.88, +218.19, (+1.17%)
• S&P 500: 2,167.48, +4.22, (+0.20%)
• Nasdaq: 5,208.80, -42.28, (-0.81%)
• WTI crude oil: $44.29, -$0.98, (-2.16%)

1. Trump's shocking victory is defying all of the doomsday markets predictions that preceded it. As for why that is, some analysts have suggested it might be due to the fact that 1) markets now know who the president is, 2) investors like tax reform and Trump wants to lower taxes, and 3) Trump said he will roll back regulation on banks and other businesses.
2. Trump is reportedly considering JPMorgan CEO Jamie Dimon for Treasury secretary, according to CNBC's Kate Kelly. A lifelong Democrat, Dimon supported Barack Obama in 2008 and during the aftermath of the financial crisis.
3. China fixed its currency at the lowest level in 6 years. The People's Bank of China fixed the yuan at 6.7885, its weakest level since September 2010, amid worries President-elect Trump could name China as a currency manipulator, according to Bloomberg.
4. The world's biggest hedge fund isn't sure yet what to make of Trump's election. "There is much more that we don't know than we do know," Ray Dalio, founder of Bridgewater Associates, wrote in a client letter viewed by Business Insider. "Our guess is that the markets will increasingly focus on what he is likely to do and less on how sensible he sounds."
5. Obamacare sign-ups spiked the day after Trump was elected. According to a tweet from Sylvia Burwell, the secretary of health and human services, more than 100,000 people signed up for plans through the exchanges set up by the Affordable Care Act, the healthcare law better known as Obamacare, on Wednesday.
6. Treasurys got slammed. US Treasurys are selling off for a second straight day. Thursday's selling has been pretty well dispersed with yields up between 4 and 5 bps across much of the curve.
7. Initial jobless claims fell more than expected. Claims, which count people applying for unemployment insurance for the first time, dropped to 254,000 last week. The current level is near the lowest since the 1970s, and marks 88 consecutive weeks of claims below 300,000.

ADDITIONALLY:

Investors think America may be the only winner under President Trump.

The price of everything in America may be about to go up.

Trump's win could cause a major shake-up in global energy.

SEE ALSO: What happened in the markets after past US presidential elections

NOW WATCH: How the ‘perfect body’ for men has changed over the last 150 years

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8 high-profile entrepreneurs who have endorsed universal basic income

• Chris Weller
 

• 22h
• 9,534

AP

It might seem odd for tech entrepreneurs to take an interest in income distribution policy. But an increasing number of high-profile Silicon Valley executives are endorsing universal basic income (UBI), a system in which everyone receives a standard amount of money just for being alive.

On the one hand, it's a way to reduce poverty, but tech folks also see it as a way to solve the growing problem of robot automation. That issue hits close to home for many of them, because they are the ones largely driving this robot revolution.

Here are some of the highest-profile entrepreneurs who have endorsed UBI.

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Andrew Ng

Dawn Endico/Flickr

In the wake of Donald Trump winning the US election, Ng, co-founder of Coursera and chief scientist at Baidu, wrote on Twitter that "More than ever, we need basic income to limit everyone's downside, and better education to give everyone an upside."

Ng has expressed his support for basic income before. In January, he said at the Deep Learning Summit that basic income deserves serious consideration. He also claimed the government should help fund lifelong education to keep the workforce strong.

Sam Altman

Getty Images

The president of Y Combinator, Silicon Valley's largest start-up incubator, Altman has repeatedly come out in favor of basic income, arguing that the robot-run economy will almost certainly materialize this century.

Y Combinator has planned a basic income experiment in Oakland, California to see how the system works in reality. Starting next year, roughly 100 people will receive $2,000 a month, no matter what.

Elon Musk

Asa Mathat | D: All Things Digital

Musk, the CEO of Tesla and SpaceX, told CNBC in a recent interview that "there's a pretty good chance we end up with a universal basic income, or something like that, due to automation."

He added that he couldn't foresee any other solutions to the threat of robots taking everyone's jobs than a system of basic income. Since automation would make cause both unemployment and economic output to rise, society might have no choice but to distribute a portion of the money to everyone equally.

Bill Gross

Janus

In his May 2016 investment outlook, Gross, co-founder of investment advisory firm Pacific Investment Management, suggested the US should spend money on "a revolutionary new idea called UBI — universal basic income."

UBI emerged in the 1960s, so technically it isn't new, but Gross understands that it's still radical to most people. "If more and more workers are going to be displaced by robots, then they will need money to live on, will they not? And if that strikes you as a form of socialism, I would suggest we get used to it," he said.

Ray Kurzweil

Tech Insider

Kurzweil, a futurist and the co-founder of Singularity University, has expressed an interest in UBI to cover the basic necessities in life.

In a recent Q&A at Singularity University, he said people who are no longer forced to work for a monthly paycheck could instead pursue their passions.

"You'll do something that you enjoy," he said. "That you have a passion for. Why don't we just call that work?"

Albert Wenger

Flickr/Joi Ito

A founder of several companies and now a partner at venture capital firm Union Square Ventures, Wenger has written extensively about the benefits of UBI on his blog.

Most people, Wenger wrote in May, "have resigned themselves to the fact that their earlier dreams of what they wanted to do in life will not be realized." He says economic inequality is to blame, and a future of basic income could help rectify those missed opportunities.

Tim O'Reilly

Brian Solis/Flickr

O'Reilly, CEO of O'Reilly Media, has said he doesn't necessarily believe the hype that automation will threaten US employment. But he does acknowledge that UBI is a good idea and "just the beginning of the discussion."

For O'Reilly, what's important is that work gives people both meaning and identity.

That's how a basic income system could truly be successful, he says. It would reshape the definition of work itself, and give people more flexibility to do the things that feel most personally fulfilling.

Chris Hughes

REUTERS/Adam Hunger

Facebook co-founder Chris Hughes is an active supporter of UBI, telling NPR in September that the system could go a long way toward rebuilding Americans' faith in an economy many people see as "broken in many ways."

"Rather than try to restructure our economy so it looks like the 1950s, I think we have to be honest with ourselves," he said.

Since jobs are already disappearing, Hughes urges people to consider what systems we'll need to create if millions more follow.

SEE ALSO: Elon Musk says there's a 'pretty good chance' universal basic income will become reality

More: Features BI Innovation Basic Income Technology 

Treasurys stage a massive reversal

• Jonathan Garber
 

• 21h
• 9,980

Donald Trump gives a thumbs up to the crowd after speaking at a campaign rally in Raleigh, North Carolina November 7, 2016.REUTERS/Chris Keane

Treasurys have seen a massive reversal following the news that Donald Trump has been elected President of the United States.

Aggressive buying pushed yields down as much as 17 basis points in the belly of the curve after Trump won the key battleground states of Florida, North Carolina, and Ohio.

However, once it was clear that Trump was indeed victorious, vicious selling took hold across the complex and has continued throughout the entire US session. 

Here's a look at the scoreboard as of 1:36 p.m. ET:

• 2-year +3.6 bps at 89.0 bps
• 3-year +8.7 bps at 1.112% 
• 5-year +13.6 bps at 1.462%
• 7-year +17.0 bps at 1.809%
• 10-year +19.5 bps at 2.050%
• 30-year +23.4 bps at 2.850%

Wednesday's selling has yields at the front of the curve at their highest levels since June while the long end of the curve has run up to levels last seen in January 2015. A steeper yield curve has taken hold with the 2-year/10-year spread wider by 16 bps at 116 bps and at its steepest level since February. 

As for how a Trump presidency impacts Treasurys over the longer-term, that's still up in the air. In a note to clients sent out on Tuesday, Barclays' Interest Rate Research team of Rajiv Setia, Anshul Pradhan, and Amrut Nashikkar wrote, "If his agenda entails major fiscal stimulus, accompanied by a softer stance on anti-trade policies, we would expect a large bear-steepening sell-off; 10y yields could rise to 2-2.25%." They continued, "Alternatively, if his agenda centers on trade wars with no mention of tax reform, fiscal stimulus, and other market-friendly policies, risk-off may become acute and recession probabilities could rise. 10y yields could rally to 1.4% or lower."

Investing.com

SEE ALSO: GOLD SKYROCKETS

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