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Economic review and insights
Economic review and insights
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
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
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 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
The October inflation figures offer a picture of an economy where headline price pressures are easing, yet underlying forces continue to shape hiring decisions in complex ways. Annual inflation slowed to 2.2 percent, a modest step down from the previous month. Much of this improvement comes from sharply lower
by News Room
The services industry in Canada appears to have turned a corner, though the light ahead remains dim and patchy. According to data from S&P Global Market Intelligence, the headline services PMI rose to 50.5 in October 2025, up from 46.3 in September, breaking above the 50.
by Minh Dang