Lack of investment is a 'big part' of Canada's productivity slowdown

financialpost.com Lack of investment is a 'big part' of Canada's productivity slowdown — and it could get worse Business leaders say the capital gains tax hike in the latest budget will only…

Why does this union leader tweet so much about Gaza, and so little about wages?

theglobeandmail.com Fred Hahn’s tweets tell a tale about the transformation of Canada’s union movement. The president of CUPE Ontario – the Ontario branch of the Canadian Union of Public…

Canada’s living standards alarmingly on track to be the lowest in 40 years: study

nationalpost.com If Canada’s per-capita gross domestic product does not recover in 2024, the decline since mid-2019 may be the longest in the last four decades, a new study has found. We…

HEALWELL AI Participates in Leading-Edge Research on Chronic Kidney Disease Highlighting the Potential of its AI Powered Clinical Co-Pilot

benzinga.com HEAWELL AI's Clinical Co-Pilot technology participated in recently published evidence showing the integration of a highly accurate machine model for Chronic Kidney Disease…

Olive oil is how much now? Prices jump — again

cbc.ca Shoppers may find themselves doing a double take in the olive oil section of their local grocery stores these days, as industry analysts say prices have reached a record…

Opinion: Does economic ‘fairness’ need to come at the expense of growth? Shouldn’t we want both?

theglobeandmail.com Duane Green is the former chief executive of a Canadian asset manager. The latest Liberal government budget is the continuation of eight successive years of massive deficit…

Opinion: Is Canada’s per capita GDP really 7 per cent below long-term trend?

theglobeandmail.com Claude Lavoie is a contributing columnist for The Globe and Mail. He was director-general of economic studies and policy analysis at the Department of Finance from 2008 to…

Posthaste: This cratering GDP number has only ever been seen during a recession

financialpost.com Statistics Canada data released Tuesday showed the economy grew 0.2 per cent for the month — below analysts’ estimates of 0.3 per cent and StatsCan’s own advanced forecast…

Posthaste: Canadians put off plans to buy a home until the Bank of Canada cuts rates

financialpost.com A survey by the Bank of Montreal revealed this week that 72 per cent of aspiring homeowners are waiting for the Bank of Canada to cut interest rates before buying. Canadians…

Canadian manufacturing sales down 2.1% to $69.9-billion in March

theglobeandmail.com Statistics Canada says manufacturing sales fell 2.1 per cent to $69.9-billion in March as sales of petroleum and coal products and motor vehicles fell. The agency says sales…

Should tell my employer that I have ADHD?

theglobeandmail.com Content from The Globe’s weekly Women and Work newsletter, part of The Globe’s Women’s Collective. To subscribe, click here. Question: I was recently diagnosed with ADHD.…

TD, RBC data point to slowing household spending in Canada

financialpost.com Consumer spending has continued to show signs of weakness over the past two months Toronto-Dominion Bank and Royal Bank of Canada use their proprietary credit and debit card…

Pressure building on Bank of Canada: What economists say about slowing GDP

financialpost.com Statistics Canada is predicting gross domestic product growth will be flat in March after data released Tuesday showed the Canadian economy slowed more than expected in…

‘Welcome news’ on inflation raises odds Bank of Canada will cut interest rate in June

financialpost.com Canada’s inflation rate picked up slightly in March to 2.9 per cent from 2.8 per cent in February, Statistics Canada said Tuesday, but the consumer price index (CPI) release…

Canada's inflation rate ticks up to 2.9% on higher gas prices

financialpost.com “We’re almost there, with just one more step to go,” Canadian Chamber of Commerce senior economist Andrew DiCapua said in response to the data release. Statistics Canada…

Canadian Housing Resembles A Return To Victorian-Era Inheritance Culture: Stat Can

betterdwelling.com Want to own a home in Canada? Have you tried wealthier parents? Statistics Canada (Stat Can) released a new study exploring the role of parental wealth in obtaining…

Wholesale sales down 1.1% in March, Statistics Canada reports

financialpost.com The motor vehicle and motor vehicle parts and accessories subsector posted the largest drop as sales fell 5.8 per cent to $13.4 billion in March. The motor vehicle industry…

Canada's economy is losing momentum

financialpost.com The growth was lower than the government agency’s previous estimate — made in March — of 0.4 per cent, and analyst expectations of 0.3 per cent. Statistics Canada predicted…

Canada's productivity 'emergency' and the role newcomers play

financialpost.com Ever since the federal government announced its decision to place caps on temporary residents, economists have been talking about how the move could potentially compel…

Canadian wholesale sales down 1.1% to $81.4-billion in March

theglobeandmail.com Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and oilseed and grain, fell 1.1 per cent to $81.4-billion in March.…

Posthaste: This missed CPP opportunity is costing Canadians thousands, says report

financialpost.com Yet according to a new report from the National Institute on Aging, the vast majority are not making the most of the government retirement plan. Canadians can start claiming…

Goldy Hyder: Don't tax success by making large employers pay more

financialpost.com The role of government should not be to create jobs, but to establish the economic conditions in which companies can create a growing number of stable, secure well-paying…

Canada Post cracks down on Nunavut loophole to get free Amazon Prime shipping

theglobeandmail.com Amanda Eecherk is worried her grocery bills will skyrocket after Canada Post closed a loophole that people across Nunavut were using to stock their pantries with items…

John Turley-Ewart: Police chiefs are right to worry about Ottawa's proposed cap on lending rates

financialpost.com Lesson one when regulating Canada’s financial system is ensuring the cure isn’t worse than the disease. We apologize, but this video has failed to load. tap here to see…

South Asian liquor lovers in Ontario frustrated by absence of favourite brands at LCBO

cbc.ca Ravindra Kumar finds great pleasure in sharing a glass of whisky with his friends at his bar when they visit his home in Brampton, Ont. He has a fondness for all types of…

Most Canadians don't feel like the economy is doing better, poll finds

financialpost.com Despite forecasts for stronger-than-expected growth in early 2024, a majority of Canadians just don’t like where the economy is headed, according to the latest results of a…

Economy grows more than expected, keeping the Bank of Canada 'on its toes'

financialpost.com The Canadian economy surprised to the upside in January, posting its strongest monthly growth in a year, which could keep the Bank of Canada “on its toes,” say economists.…

Bank of Canada 'will wait' until July: What economists think the jobs bonanza means for rate cuts

financialpost.com Statistics Canada released employment data that showed the economy added 90,000 jobs in April — it’s strongest increase in 15 months — rebounding from a loss of 2,200 in…

Canada adds 90,000 jobs in April, beating expectations, as unemployment rate holds steady

theglobeandmail.com The Canadian labour market rebounded in April by adding a whopping number of new positions, a result that potentially muddies the picture as the Bank of Canada considers…

Canada's jobs gain blow past expectations with biggest increase in a year

financialpost.com Share this Story : Canada's jobs gain blow past expectations with biggest increase in a year Statistics Canada released its labour force survey on Friday, which says the…

The Daily

www150.statcan.gc.ca Employment increased by 90,000 (+0.4%) in April, and the unemployment rate was unchanged at 6.1%. The employment rate held steady at 61.4%, following six consecutive monthly…

Canada added 90,000 jobs in April, as unemployment stayed flat at 6.1%

cbc.ca The Canadian economy gained 90,000 jobs in April, much higher than many economists were predicting for the latest Labour Force Survey numbers from Statistics Canada. The…

The Canadian economy has a problem: It has become the Toronto Maple Leafs

theglobeandmail.com They were supposed to be outstanding – on paper. In the real world, they’re closer to the upper end of mediocre. So much promise, never realized. Reputation is way up here;…

Statistics Canada to release April jobs report this morning

theglobeandmail.com Statistics Canada is set to release its April labour force survey this morning. Canada’s labour market has cooled significantly over the past year as high interest rates…

PricewaterhouseCoopers lays off 60 workers in Canada

financialpost.com PricewaterhouseCoopers, the global accounting firm, eliminated 60 jobs in Canada as the company braces for the fallout from the nation’s economic slowdown, according to…

Canada’s gross domestic product per capita: Perspectives on the return to trend

www150.statcan.gc.ca Slower economic growth over the past year and near-record population increases fuelled by temporary and permanent immigration have put the spotlight on recent trends in…

Posthaste: Canadian parents 'dreading' paying to send their kids to university

financialpost.com The cost-of-living crisis has a majority of Canadian parents “dreading” financing their children’s university education but still determined to go to the financial wall to…

Ageism is keeping me out of the job market. How can I land the role I want?

theglobeandmail.com Content from The Globe’s weekly Women and Work newsletter, part of The Globe’s Women’s Collective. To subscribe, click here. Question: I’m in my 50s, and I was laid off from…

Hudson’s Bay to close Regina store next year, latest in series of cuts

theglobeandmail.com Hudson’s Bay plans to close its store in downtown Regina next year after 55 years in the city, the latest in a series of cuts as the department store retailer copes with…

These women moved countries to gain career opportunities and explore new markets

theglobeandmail.com Gone are the days of decades-long service at just one company. Today, many Canadian women are moving abroad to seek career opportunities and explore new markets as…

New grads face a challenging market for entry-level jobs

theglobeandmail.com Interested in more work-life content? Check out our weekly Careers newsletter. Sent out every Sunday afternoon. The graduating class of 2024 should expect to spend a little…

Provincial governments facing higher debts and more financial pressure

cbc.ca After riding a red-hot economy to shrink deficits and grow surpluses, provincial governments across the country are beginning to see their finances flounder. Each province…