NOVA SCOTIA EXTENDS LEAVE FOR NEW MOMS AND DADS
The Nova Scotian government is extending the period of time that parents can take leave from their jobs to have a baby and look after the infant.
Changes introduced to the Labour Standards Code will mean parents can to take up to 77 weeks in combined pregnancy and parental leave. This is up from the current 52 weeks available under the existing period of leave established under provincial legislation.
The new legislation dovetails with federal changes made to employment insurance benefits in December 2017.
The governing Liberals will also make provincial changes to leave legislation that will also allow for a four-month period of leave to care for a critically ill adult or child. THE U.S. SOON TO BE THE WORLD’S TOP OIL PRODUCER
The U.S. Energy Information Administration, a global group of oil-consuming nations, estimates that America has sur- passed Russia in oil production showing further growth of the industry after out producing Saudi Arabia earlier this year. If the energy agency’s estimates are correct, the U.S. produced an average of 10.9 million barrels a day in August, compared with approximately 10.8 million barrels a day by Russia followed by approximately 10.4 million from Saudi Arabia. It said the U.S. passed Saudi Arabia in February for the first time in more than two decades, and this summer it topped Russia for the first time since 1999.
If those estimates hold up, it would be the first time since 1973 that the U.S. has led the world in oil production output.
The agency also said that it expects the U.S. will continue to top Russia and Saudi Arabia for the rest of this year and through 2019.
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OCTOBER 2018 • SPOTLIGHT ON BUSINESS MAGAZINE
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