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Economic Journal

Economic review and insights

Economic Journal

Economic review and insights

Economic Journal   -   Nov 08, 2025 Canada’s labour market surprises on the upside, but questions linger beneath the surface
Canada’s labour market surprises on the upside, but questions linger beneath the surface

After months of cautious watching, Canada’s labour market finally showed signs of unexpected strength in October. Employment surged by roughly 67,000 positions, the unemployment rate edged down to 6.9 percent, and wages accelerated, a combination that suggests the labour slowdown that began in the spring may be

Economic Journal   -   Nov 04, 2025 A cooling economy tests the resilience of Canada's workforce
A cooling economy tests the resilience of Canada's workforce

Canada’s economy contracted by 0.3% in August, according to Statistics Canada, marking one of the clearest signs yet that the country’s post-pandemic expansion has shifted into a new, quieter phase. While the headline figure may seem modest, its implications for hiring, training, and staffing run deeper

Canada’s consumer spending holds firm, and signals a labour market quietly rebalancing
Economic Journal   -   Nov 13, 2025 Canada’s consumer spending holds firm, and signals a labour market quietly rebalancing

Canada’s consumer economy has been sending mixed messages for months, but the latest update offers a clearer signal: households are still spending, and that resilience is beginning to echo through parts of the labour market. RBC’s newest Consumer Spending Tracker shows that Canadians carried solid momentum into October,

by Minh Dang
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Economic Journal   -   Nov 13, 2025 Canada’s consumer spending holds firm, and signals a labour market quietly rebalancing
Canada’s consumer spending holds firm, and signals a labour market quietly rebalancing

Canada’s consumer economy has been sending mixed messages for months, but the latest update offers a clearer signal: households are still spending, and that resilience is beginning to echo through parts of the labour market. RBC’s newest Consumer Spending Tracker shows that Canadians carried solid momentum into October,

by Minh Dang
Economic Journal   -   Nov 08, 2025 Canada’s labour market surprises on the upside, but questions linger beneath the surface
Canada’s labour market surprises on the upside, but questions linger beneath the surface

After months of cautious watching, Canada’s labour market finally showed signs of unexpected strength in October. Employment surged by roughly 67,000 positions, the unemployment rate edged down to 6.9 percent, and wages accelerated, a combination that suggests the labour slowdown that began in the spring may be

by Minh Dang
Economic Journal   -   Nov 04, 2025 A cooling economy tests the resilience of Canada's workforce
A cooling economy tests the resilience of Canada's workforce

Canada’s economy contracted by 0.3% in August, according to Statistics Canada, marking one of the clearest signs yet that the country’s post-pandemic expansion has shifted into a new, quieter phase. While the headline figure may seem modest, its implications for hiring, training, and staffing run deeper

by Minh Dang
Economic Journal   -   Oct 30, 2025 Another rate cut (and perhaps the last one). Canada’s headed towards a 2-speed labour market
Another rate cut (and perhaps the last one). Canada’s headed towards a  2-speed labour market

The Bank of Canada’s latest decision to lower its policy rate to 2.25 percent marks a delicate moment in Canada’s post-pandemic economic recovery. The move, which brings the rate to the lower bound of what the Bank considers a “neutral range,” reflects an economy that is

by Minh Dang
Economic Journal   -   Oct 26, 2025 Before the wave hits: positioning staffing firms for Canada’s global economic shift
Before the wave hits: positioning staffing firms for Canada’s global economic shift

When Donald Trump announced yet another wave of tariffs on Canadian goods, it served as a sharp wake-up call. For decades, Canada’s economic map has pointed south: roughly three-quarters of its exports head to the U.S., and large chunks of its manufacturing, energy and resource flows

by Minh Dang
Economic Journal   -   Oct 21, 2025 The new Business Outlook Survey is here. Here are the key takeaways for the staffing industry.
The new Business Outlook Survey is here. Here are the key takeaways for the staffing industry.

For the staffing industry in Canada, the latest Business Outlook Survey (BOS) from the Bank of Canada offers a cautious narrative: yes, sentiment is inching upward, but the underlying conditions remain far from robust. That leaves staffing firms in a “waiting-for-lift-off” posture rather than one of full-

by Minh Dang
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