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Economic Journal

Economic review and insights

Economic Journal

Economic review and insights

Economic Journal   -   Feb 06, 2026 Manufacturing in expansion zone for the first time in 11 months
Manufacturing in expansion zone for the first time in 11 months

The release of the S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) for January 2026 marks a significant turning point for the staffing and recruitment sector. After an eleven-month period of contraction, the index rose to 50.4, up from 48.6 in December. This move above the

Economic Journal   -   Feb 06, 2026 January economic news in brief
January economic news in brief

The Canadian labor market in early 2026 is grappling with a series of localized shocks and long-term structural shifts. While significant capital investments in aerospace and port infrastructure offer promising growth, these are currently balanced against immediate layoffs in the automotive sector and a cooling trend in manufacturing and natural

Services show contraction for the third month in a row
Labour Journal   -   Feb 06, 2026 Services show contraction for the third month in a row

The release of the S&P Global Canada Services PMI for January 2026 presents a challenging start to the year for the broader economy. While the manufacturing sector showed early signs of stabilization this month, the service sector, which accounts for the vast majority of Canadian employment, saw its

by Minh Dang
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Labour Journal   -   Feb 06, 2026 Services show contraction for the third month in a row
Services show contraction for the third month in a row

The release of the S&P Global Canada Services PMI for January 2026 presents a challenging start to the year for the broader economy. While the manufacturing sector showed early signs of stabilization this month, the service sector, which accounts for the vast majority of Canadian employment, saw its

by Minh Dang
Economic Journal   -   Feb 06, 2026 Manufacturing in expansion zone for the first time in 11 months
Manufacturing in expansion zone for the first time in 11 months

The release of the S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI) for January 2026 marks a significant turning point for the staffing and recruitment sector. After an eleven-month period of contraction, the index rose to 50.4, up from 48.6 in December. This move above the

by Minh Dang
Economic Journal   -   Feb 06, 2026 January economic news in brief
January economic news in brief

The Canadian labor market in early 2026 is grappling with a series of localized shocks and long-term structural shifts. While significant capital investments in aerospace and port infrastructure offer promising growth, these are currently balanced against immediate layoffs in the automotive sector and a cooling trend in manufacturing and natural

by Minh Dang
Economic Journal   -   Feb 02, 2026 Trade winds and talent gaps: navigating the November trade deficit
Trade winds and talent gaps: navigating the November trade deficit

The release of Canada’s merchandise trade data for November reveals a complex landscape for the Canadian labour market, characterized by sharp sectoral divergences that will directly influence staffing strategies in the first quarter of 2026. While the headline figure of a $2.2 billion trade deficit suggests economic headwinds,

by Minh Dang
Economic Journal   -   Feb 02, 2026 Stability in stasis - what the last interest rate hold means for recruitment
Stability in stasis - what the last interest rate hold means for recruitment

On January 28, 2026, the Bank of Canada announced its decision to maintain the overnight rate at 2.25%, marking the second consecutive hold following the December meeting. For recruitment professionals and staffing firms across the country, this decision signals a continuation of the "wait-and-see" environment that has

by Minh Dang
Economic Journal   -   Jan 26, 2026 The signal and the noise: deciphering Canada's year-end inflation surge
The signal and the noise: deciphering Canada's year-end inflation surge

The final inflation reading of 2025 has arrived with a headline figure that, at first glance, suggests a surprising reversal in Canada’s disinflationary trend. Headline CPI growth climbed to 2.4% in December, up from 2.2% in November. However, for those navigating the Canadian labor and staffing markets,

by Minh Dang
Economic Journal   -   Jan 26, 2026 From contraction to connection: what the Ivey PMI rebound means for Canadian staffing
From contraction to connection: what the Ivey PMI rebound means for Canadian staffing

The latest reading of the Ivey Purchasing Managers’ Index (PMI) offers a compelling pivot point for the Canadian economy as it enters 2026. After a turbulent 2025 characterized by trade volatility and a softening labor market, the December 2025 data released earlier this month signals a return to expansionary territory.

by Minh Dang
Economic Journal   -   Jan 19, 2026 Stability amidst divergence: decoding the BoC’s latest business outlook survey

The Bank of Canada’s fourth-quarter 2025 Business Outlook Survey indicates a period of stabilization for the Canadian economy, reflecting a cautious but notable improvement in sentiment compared to the lows experienced in mid-2025. This shift comes as trade pressures begin to settle and recessionary fears retreat, with only 22

by Minh Dang
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