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Economic Journal

Economic review and insights

Economic Journal

Economic review and insights

Economic Journal   -   Apr 07, 2026 Stagnation at the factory gate: what the March PMI means for staffing
Stagnation at the factory gate: what the March PMI means for staffing

The Canadian manufacturing sector stands at a crossroads, with the latest data suggesting a period of watchful equilibrium rather than a definitive shift in direction. After two months of modest growth that offered hope for a sustained recovery, the S&P Global Canada Manufacturing PMI landed at 50.0

Economic Journal   -   Mar 31, 2026 Resource boom, manufacturing slump
Resource boom, manufacturing slump

Data released Tuesday by Statistics Canada indicates that the Canadian economy began the year on a firmer footing than previously anticipated. Real gross domestic product edged up 0.1 percent in January, a modest but meaningful reversal following a slight contraction that closed out 2025. This early momentum appears to

Resilience Amidst Friction: Navigating the March Services PMI
Economic Journal   -   Apr 07, 2026 Resilience Amidst Friction: Navigating the March Services PMI

The Canadian services sector continues to operate in a high-pressure environment, yet the latest data suggests a gradual, if arduous, climb toward stability. The S&P Global Canada Services PMI rose to 47.2 in March, up from 46.5 in February. While this marks the fifth consecutive

by Minh Dang
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Economic Journal   -   Apr 07, 2026 Resilience Amidst Friction: Navigating the March Services PMI
Resilience Amidst Friction: Navigating the March Services PMI

The Canadian services sector continues to operate in a high-pressure environment, yet the latest data suggests a gradual, if arduous, climb toward stability. The S&P Global Canada Services PMI rose to 47.2 in March, up from 46.5 in February. While this marks the fifth consecutive

by Minh Dang
Economic Journal   -   Apr 07, 2026 Stagnation at the factory gate: what the March PMI means for staffing
Stagnation at the factory gate: what the March PMI means for staffing

The Canadian manufacturing sector stands at a crossroads, with the latest data suggesting a period of watchful equilibrium rather than a definitive shift in direction. After two months of modest growth that offered hope for a sustained recovery, the S&P Global Canada Manufacturing PMI landed at 50.0

by Minh Dang
Economic Journal   -   Mar 31, 2026 Resource boom, manufacturing slump
Resource boom, manufacturing slump

Data released Tuesday by Statistics Canada indicates that the Canadian economy began the year on a firmer footing than previously anticipated. Real gross domestic product edged up 0.1 percent in January, a modest but meaningful reversal following a slight contraction that closed out 2025. This early momentum appears to

by Minh Dang
Economic Journal   -   Mar 31, 2026 Resilience and Rebounds: The Canadian Economic Outlook for Q1
Resilience and Rebounds: The Canadian Economic Outlook for Q1

The Canadian economy began the year with a quiet but firm step forward, navigating a landscape defined by temporary industrial pauses and a persistent tug-of-war between high interest rates and consumer resilience. Data released for January reveals a 0.1 percent increase in gross domestic product, a figure

by Minh Dang
Economic Journal   -   Mar 19, 2026 Steady rates, soft growth: navigating the Bank of Canada’s response to (another) shock
Steady rates, soft growth: navigating the Bank of Canada’s response to (another) shock

The Bank of Canada’s decision to maintain the overnight rate at 2.25% underscores a period of strategic observation as the national economy navigates a series of external supply shocks. By holding steady, the central bank is attempting to balance the risks of a cooling domestic economy against the

by Minh Dang
Economic Journal   -   Mar 19, 2026 Encouraging inflation trends for staffing although a storm is brewing
Encouraging inflation trends for staffing although a storm is brewing

The latest Consumer Price Index (CPI) report from Statistics Canada, released this week, presents a complex narrative for staffing firms and recruiters. While the headline inflation rate cooled significantly to 1.8% in February, down from 2.3% in January, this downward trend is widely viewed as a "calm

by Minh Dang
Economic Journal   -   Mar 10, 2026 GDP edged lower in Q4 2025, but as usual, details matter
GDP edged lower in Q4 2025, but as usual, details matter

The Canadian economic landscape in late 2025 and early 2026 presents a complex dichotomy between headline contraction and resilient underlying demand. While the 0.6% annualized decline in fourth-quarter GDP initially suggests a cooling economy, the internal mechanics point toward a stabilization that has significant implications for the labor

by Minh Dang
Economic Journal   -   Mar 10, 2026 Services sector still subdued although slightly better as sporting events are expected
Services sector still subdued although slightly better as sporting events are expected

The latest economic data for February 2026 suggests that the Canadian service sector is navigating a persistent, though slightly moderating, downturn. While manufacturing has shown signs of stabilization, the services industry (a critical driver of the national economy) remains in contraction territory. The S&P Global Canada Services PMI

by Minh Dang
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