As 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 three
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 seeing
by Minh Dang
The 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 Dang
November 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 and
by Minh Dang
Canada’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
Throughout 2025 a decisive shift has taken place inside HR departments. What began as small scale trials of automation and AI has become the foundation of many hiring and workforce processes. The most authoritative research bodies confirm this acceleration. McKinsey’s latest survey on workplace technology reports that more than
by Minh Dang
The consulting and professional services sector is quietly entering one of its most important workforce transitions in years. After decades of relying on a classic pyramid shaped model built on large graduate intakes and steady advancement, the largest firms are freezing starting salaries, trimming junior hiring, and reshaping their workforce
by Minh Dang