The Bank of Canada entered the final stretch of the year with a widely anticipated decision to hold the policy rate at 2.25 percent. This keeps the benchmark at the lower edge of the neutral range and signals that the long adjustment phase that began in mid 2024 is
November data from the S&P Global Canada Services PMI make for a sobering read. After a brief return to growth in October, the services sector plunged well into contraction territory, with the headline Business Activity Index collapsing to 44.3. That reading marks the weakest since mid-year and
The latest Ivey Purchasing Managers Index for November landed below the neutral threshold at 48.4, signaling contraction in overall business activity after a string of months above 50. This marks the first clear downshift in business sentiment since the mid-year rebound, and it carries important implications for the labour
The latest Ivey Purchasing Managers Index for November landed below the neutral threshold at 48.4, signaling contraction in overall business activity after a string of months above 50. This marks the first clear downshift in business sentiment since the mid-year rebound, and it carries important implications for the labour
The Bank of Canada entered the final stretch of the year with a widely anticipated decision to hold the policy rate at 2.25 percent. This keeps the benchmark at the lower edge of the neutral range and signals that the long adjustment phase that began in mid 2024 is
November data from the S&P Global Canada Services PMI make for a sobering read. After a brief return to growth in October, the services sector plunged well into contraction territory, with the headline Business Activity Index collapsing to 44.3. That reading marks the weakest since mid-year and
Canada’s manufacturing sector entered November with another month of contraction as the national PMI slipped to 48.4 from 49.6 in October, according to S&P Global. The headline figure has now spent a long stretch below the 50 threshold that separates expansion from contraction, and 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
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
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
