What to watch next week, the latest business confidence index and the Canada Post strike
🚰 On tap this week
Good morning ☀️,
This week, a few releases including the labour force survey that should give us some color on the next decision of the Bank of Canada; we summarized in one article everything you need to know given the current state of the economy and the labour market and what you could expect.
We also analyzed some of the latest indicators, specifically the PMIs, and dived into what the Canada Post strike or the end of tariffs on Chinese EVs could mean for the Canadian labour market.
Happy reading!
Minh Dang - Editor in Chief - The Canadian Labour and Staffing Journal
Write to: mdang@staffingjournal.ca
What to watch for next week
Next Friday’s release of Canada’s Labour Force Survey (LFS) will arrive against a backdrop of mounting economic uncertainty. Market watchers will be scrutinizing not only the headline employment and unemployment figures, but also age-cohort splits and sectoral trends. The stakes are especially high for youth employment, which has shown pronounced volati…
Canada’s factory slowdown deepens, and the job math is starting to bite
Canada’s factories ended the third quarter on a weak note. The S&P Global Manufacturing PMI slid to 47.7 in September, down from 48.3, signaling a fifth straight month of contraction in output and new orders, both sub-indices fell further into the red. The survey also noted outright job losses at manufacturers as confidence softened.
Canada’s services sector contracts again, straining employment
Canada’s services economy stumbled deeper into contraction last month, with the S&P Global Services PMI falling to 46.3 in September from 48.6 in August. It was the weakest reading in three months, underscoring how rising uncertainty and tighter spending are reshaping the country’s largest economic engine.
Canada weighs EV tariff cuts: promise of cheaper cars, but at what cost for jobs?
For years, Canada’s auto industry has lived in the shadow of tectonic changes: the shift to electric vehicles, the scramble for battery plants, and the pressure of U.S. industrial policy. Now, a new possibility looms over the country’s manufacturing heartland: the removal of tariffs on Chinese-made electric cars.