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Economic Journal

Economic review and insights

Economic Journal

Economic review and insights

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

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,

Manufacturing in expansion zone for the first time in 11 months
Economic Journal   -   Feb 06, 2026 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
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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
Economic Journal   -   Jan 19, 2026 Services Sector at 46.5: The "Silent Freeze" Defining the 2026 Recruitment Landscape
Services Sector at 46.5: The "Silent Freeze" Defining the 2026 Recruitment Landscape

If the recent slowdown in manufacturing was a warning signal for the Canadian economy, the latest data from the service sector represents a more immediate structural shift. The S&P Global Canada Services PMI for December 2025 registered at 46.5, marking a second consecutive month of deep contraction.

by Minh Dang
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