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Economic review and insights
Economic review and insights
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
Canada’s move to join the Security Action for Europe initiative signals one of the most significant industrial and labour shifts in years. The decision aligns with a broader strategy to rebuild military capacity, strengthen sovereignty, and position Canadian industries inside one of the fastest growing defence markets in the
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
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
Canada’s move to join the Security Action for Europe initiative signals one of the most significant industrial and labour shifts in years. The decision aligns with a broader strategy to rebuild military capacity, strengthen sovereignty, and position Canadian industries inside one of the fastest growing defence markets in the
by News Room
Canada’s economy entered the fall with more strength than most forecasts anticipated. The headline figure captured attention right away. Real GDP expanded at a 2.6 percent annualized pace in the third quarter, sharply reversing the weakness recorded in the spring. The headline alone suggests momentum, yet the underlying
by Minh Dang
Recent Canadian data reveals that net job creation in 2025 is overwhelmingly concentrated in large firms, while small businesses are shedding headcount. According to a report from BMO Capital Markets, large firms (with more than 500 employees) have posted a net gain of 592,000 jobs in 2025. Over the
by Minh Dang
The latest Business Conditions survey from StatCan offers a steady picture of how employers are approaching the end of the year. It shows a market that continues to move forward even as it absorbs persistent pressure from costs, wages and skills shortages. What makes this release notable is how closely
by Minh Dang
Canada has stepped into a new phase of economic diplomacy. During his visit to Abu Dhabi, Prime Minister Mark Carney signed an investment-protection agreement with the United Arab Emirates and launched talks toward a comprehensive trade deal. This shift signals a broader opportunity for Canadian staffing and talent strategy professionals
by Minh Dang
Canada’s labour market has moved through another month of steady but uneven activity. While the national data still points to a cautious economic environment, the flow of local announcements shows a job market that continues to generate real hiring across industries. Construction, manufacturing, health care, retail, hospitality and community
by News Room