Canada’s inflation picture remained superficially calm in November. Headline CPI held at 2.2 percent year over year, right in line with the Bank of Canada’s target and comfortably below the levels that dominated much of the past two years. But beneath that stability, the composition of inflation
by Minh DangIn Canada, upskilling is no longer just a policy file or an HR buzzword. It has become a capital allocation decision that sits beside capex and technology spend. The most interesting part is that some of the biggest moves are coming from private employers and technology companies that have decided
by Minh DangAs Canada transitions into 2026, the latest Quarterly Canadian Outlook from RBC Economics underscores a nuanced economic environment that is cautiously optimistic but fundamentally reshaped by structural shifts. At first glance, the data signal resilience: per-capita GDP is on track to grow in 2025 for the first time in
by Minh DangCanada’s September trade data delivered a sharp and headline-grabbing swing back into surplus. On the surface, the move from a $6.4 billion deficit in August to a modest $153 million surplus looks dramatic. Underneath, the details tell a more nuanced and more constructive story: what we are
by Minh DangThe Bank of Canada entered the final stretch of the year with a widely anticipated decision to hold the policy rate at 2.25 percent. This keeps the benchmark at the lower edge of the neutral range and signals that the long adjustment phase that began in mid 2024 is
by Minh DangAfter months of rising unemployment and subdued hiring, the November 2025 Labour Force Survey marked a clear turn in the Canadian labour market narrative. Employment grew by 54,000 jobs in November, a 0.3 percent monthly increase and the third consecutive gain since September. The employment rate edged up
by Minh DangNovember data from the S&P Global Canada Services PMI make for a sobering read. After a brief return to growth in October, the services sector plunged well into contraction territory, with the headline Business Activity Index collapsing to 44.3. That reading marks the weakest since mid-year
by Minh DangCanada’s manufacturing sector entered November with another month of contraction as the national PMI slipped to 48.4 from 49.6 in October, according to S&P Global. The headline figure has now spent a long stretch below the 50 threshold that separates expansion from contraction, and the
by Minh Dang