Canadian consumers spent cautiously but consistently in June, according to new transaction data from RBC Economics, offering a snapshot of a household sector still absorbing higher energy costs while finding room for concerts, dinners out and new clothes. For staffing firms and their clients, the report is less a single
The mandatory joint review of the Canada-United States-Mexico Agreement arrived on July 1 without a renewal, a headline that on its face sounds like the kind of trade-policy failure that ripples quickly into hiring plans. It isn't, according to a new analysis from RBC Economics,
Canada's headline inflation rate fell to 2.8 percent in June, its slowest pace since April. But beneath the cooling numbers, the details that matter most to employers — wages, core prices, and where the next price shock might come from — tell a more complicated story about the year
Canada's headline inflation rate fell to 2.8 percent in June, its slowest pace since April. But beneath the cooling numbers, the details that matter most to employers — wages, core prices, and where the next price shock might come from — tell a more complicated story about the year
Canadian consumers spent cautiously but consistently in June, according to new transaction data from RBC Economics, offering a snapshot of a household sector still absorbing higher energy costs while finding room for concerts, dinners out and new clothes. For staffing firms and their clients, the report is less a single
The mandatory joint review of the Canada-United States-Mexico Agreement arrived on July 1 without a renewal, a headline that on its face sounds like the kind of trade-policy failure that ripples quickly into hiring plans. It isn't, according to a new analysis from RBC Economics,
RBC's latest reading on GDP shows goods-producing industries, not services, doing the heavy lifting, a pattern that tends to favor a narrower slice of the staffing market than a broad-based recovery would.
Canadian economic activity rose 0.5 percent in April, according to RBC Economics, a
On the shop floors of Southern Ontario and the industrial parks ringing Montreal, something that has not happened consistently in years is underway: employers are adding workers to keep pace with orders, not just to replace the ones who left.
The S&P Global Canada Manufacturing Purchasing Managers'
The Canadian economic landscape presents a dynamic intersection of rising headline inflation and a surprisingly robust labour market. Following a net contraction in early 2026, the latest employment figures reveal a notable rebound. The addition of 88,000 jobs in May, bringing the unemployment rate down to 6.6%, contrasts
Continued Economic Expansion
The Canadian economy demonstrated continued resilience in May 2026, as reflected by the most recent Ivey Purchasing Managers Index. The headline index rose to 58.2, up from 57.7 in April, notably exceeding market forecasts that had anticipated a cooling to 55. A reading above 50
The Bank of Canada’s decision Wednesday to keep its benchmark interest rate pegged at 2.25 percent for a fifth consecutive meeting delivered a clear message to corporate boardrooms: elevated borrowing costs are not retreating anytime soon. For the domestic staffing and recruitment industry, this extended plateau acts as
