RBC card spending data Canada’s consumers appear to be stepping more lightly as summer fades, and hiring firms are growing cautious. New data from a consumer‐spending tracker by RBC reveals that while spending remains overall positive, growth has decelerated. At the same time, labour market indicators—including the

The August CSJ Hiring Index reads 4.8/10, down from 5.4 in July. This softening reflects weaker PMIs, a jump in unemployment, and job losses across key service industries. Forward-looking sentiment is cautious, pointing to muted hiring appetite heading into the fall. Labour Market Insights: What the Index

Bank of Canada - interest rates cut When the Bank of Canada lowered its policy interest rate by 25 basis points to 2.50 percent on September 17, 2025, it was more than just arithmetic. It marked the country’s first rate cut in six months, and while modest in

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The Canadian staffing industry has faced turbulence in the past 3 years. Will 2026 bé a reset? Download the most comprehensive and detailed analysis of the Canadian staffing industry in our latest Canadian Staffing Industry 2026-2027 Forecast & Deep Dive Report at this link! To receive the report, simply subscribe

Wage gap in Canada In downtown Toronto, at a busy marketing firm, two employees join the same creative meeting: a woman and a man, both in their early thirties, both with master’s degrees in communications. Yet when they compare salaries afterward, the man learns he is earning about ten

Canada Indonesia trade deal Canada has just signed a landmark trade agreement with Indonesia, its first with a member of the fast-growing ASEAN bloc. Ottawa has billed the deal as a pathway to doubling trade with the world’s fourth most populous country within six years. But what does this

Baby-boomers last wave of retirement Today’s unemployment rate is high as economic circumstances are unfavourable for job creation. However, under the hood, Canada is at a crossroads. The country’s largest generation (the baby boomers) is heading into retirement just as population growth slows. For decades, these workers anchored