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
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.
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
The latest S&P Global Canada Manufacturing Purchasing Managers’ Index (PMI), released yesterday, presents a striking headline figure of 53.3 for April 2026. This marks a sharp climb from the 50.0 stagnation recorded in March and represents the strongest improvement in business conditions the sector has seen
The Bank of Canada’s decision to hold its benchmark rate at 2.25 percent this week confirms what many in the staffing industry have felt on the ground for months: the Canadian labour market has entered a period of cold calculation. The era of frantic hiring and "growth
The first-quarter Bank of Canada Business Outlook Survey offers a nuanced portrait of a Canadian economy in transition, where a resilient private sector is navigating the complex interplay of geopolitical tension and shifting inflationary pressures. For the staffing industry, the latest data suggests a stabilization of the labor market,
Current economic data from the RBC Consumer Spending Tracker reveals a Canadian consumer base that is increasingly prioritizing essential expenditures and experience-based services over discretionary physical goods. While overall cardholder spending has remained resilient, the composition of that spending suggests a shifting landscape for the national labour market.
Shifts
The latest Ivey PMI data reveals a complex picture: while the headline activity remains in expansionary territory, the underlying labor data suggests a sector that is becoming increasingly lean.
The seasonally adjusted Ivey PMI for March landed at 57.5, a slight increase from February’s 56.6. This represents
