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

A Shift from Contraction to Expansion Canada's services sector has officially crossed back into expansion territory, signaling a pivotal turning point for the broader economy. The latest S&P Global Canada Services Purchasing Managers' Index recorded a reading of 50.6 in May 2026, up from

The latest S&P Global Canada Manufacturing PMI points to a sector caught in a holding pattern. Factory operators are navigating a landscape shaped by shifting trade policies and hesitant domestic demand. Output and new orders reflect this caution, forcing manufacturers to keep a tight grip on operational capacity

A recent report published by Statistics Canada sheds light on the performance of Canadian industries heavily dependent on United States demand, revealing a stark contrast in labour productivity compared to the broader economy. The data indicates that between 2019 and 2024, labour productivity in sectors where 35 percent or more

The Canadian Survey on Business Conditions for the second quarter of 2026 reveals a distinct tension defining the current economic landscape, where a baseline of operational optimism runs headlong into stubborn cost pressures. Despite 66.8% of businesses maintaining an optimistic outlook for the coming year, a growing majority of

In the past year, Prime Minister Mark Carney has embarked on an aggressive campaign of global trade diversification, signing over a dozen agreements across four continents. Driven by a strategy of risk management and building strategic autonomy in a fragmenting global economy, these agreements span sectors from agriculture to aerospace.

Canada experienced a notable jump in its annual inflation rate in April 2026, driven almost entirely by surging energy costs. According to official data from Statistics Canada, the Consumer Price Index rose 2.8 percent year-over-year, up from 2.4 percent in March. On a seasonally adjusted monthly

The Canadian energy and resource sectors are hitting a massive stride, marked by a wave of multi-billion-dollar deals and major project approvals that will reshape the industrial landscape through the end of the decade. From Shell’s massive move back into the driver’s seat in Western Canada