Entrepreneur News
Food insecurity increasing among Canadians: Statistics Canada
According to data from the Canadian Income Survey, the proportion of families who were food insecure in the 12...
Housing starts continue to trend higher in October: CMHC
The trend in housing starts was higher in October at 256,280 units, up 1% from 253,957 units in September,...
Small businesses increasingly depend on credit cards: Intuit QuickBooks report
In this video interview, Simon Worsfold, Head of Data Communications, for Intuit QuickBooks, discusses a new report that indicates...
Canadian home sales see downward trend continue in October: CREA
Home sales recorded over Canadian MLS Systems posted a 5.6% decline between September and October 2023. The sizable decline...
Calls intensify for an extension of CEBA repayment as deadline approaches
Small businesses that took out a Canada Emergency Business Account (CEBA) loan have just over 60 days to repay...
Canadian small- and medium-sized businesses lack confidence in their ability to reduce greenhouse gas emissions: KPMG Poll
Although the vast majority (78 per cent) of small- and medium-sized businesses (SMBs) have established policies or initiatives to...
FOCUS ON SMALL BUSINESS VIDEO: Small business opposition to federal carbon tax grows significantly: CFIB
In this video interview, Dan Kelly, President of the Canadian Federation of Independent Business, discusses the growing opposition to...
Canadian economy grew by 3.8% in 2022: Statistics Canada
Canada’s real gross domestic product (GDP) grew 3.8% in 2022, following a 5.3% increase in 2021. Growth in real GDP was driven by household...
Canada’s dangerous slide in business investment: C.D. Howe Institute
Weak business investment in Canada poses a profound threat to Canadian living standards and competitiveness, says a new report...
Housing supply outlook dim as builders continue to feel the effects of interest rate hikes
The 2023 Q3 Housing Marketing Index (HMI), released by the Canadian Home Builders’ Association (CHBA), says the outlook is dim...
Canadian unemployment rate experiences 4th increase in 6 months: Statistics Canada
Statistics Canada reported Friday that the nation’s unemployment rate rose 0.2 percentage points to 5.7% in October, marking the...
Canada’s economy continues its slowdown: Conference Board of Canada
Canada’s economy has entered a slow glide phase. With no serious external shocks to the upside or the down,...
Canadian economy unchanged for 2nd consecutive month: Statistics Canada
Real gross domestic product (GDP) was essentially unchanged for a second consecutive month in August as factors such as...
Financial stress levels remain high for Canadians: Financial Resilience Institute
A new report, by the Financial Resilience Institute, indicates that only 24% of Canadians are financially resilient. 76% have...
FOCUS ON SMALL BUSINESS: Nearly nine in 10 small- and medium-sized businesses feel they are in a better position now than a year ago: KPMG
Most Canadian small- and medium-sized businesses have adjusted their business strategies over the past year in anticipation of a...
Employers underestimate employee desire to quit: EY survey
A quarter of Canadian employees are likely to quit their job in the next 12 months, with Gen Z...
Canadians concerned about upcoming mortgage renewals: Royal LePage
According to a recent Royal LePage survey conducted by Nanos, 74 per cent of Canadians with a residential mortgage set to...
FOCUS ON SMALL BUSINESS: Small business confidence at its lowest since April 2020: CFIB
The 12-month small business confidence index, which has been on a downward trend in recent months, saw a further...
Canadians’ debt outlook reaches lowest point in 5 years: MNP
From near-zero to the highest interest rates in over two decades, Canadians’ debt outlook has reached the most pessimistic...
Housing completions not keeping pace with population: Fraser Institute
The gap between the number of homes built in Canada and the number of additional people is the widest...
Canadian CEOs wrestle with multiple challenges but remain confident: KPMG CEO Outlook
Canadian CEOs remain confident their companies and the Canadian economy are on the right growth track, but fear inflation,...
Focus on Small Business: Recession narrowly avoided in second half of 2023: CFIB report
The Canadian economy is expected to avoid a recession in Q3-Q4 2023, according to the latest Main Street Quarterly...
Trend in housing starts on the rise: CMHC
The trend in housing starts was higher in September at 254,006 units, up 3.9% from 244,511 units in August,...
Single family home sales drive Canada’s luxury market: Sotheby’s
According to Sotheby’s International Realty Canada’s Top-Tier Real Estate: Fall 2023 State of Luxury Report, luxury single family home sales...
Focus on Small Business: Entrepreneurs having issues hiring/retaining employees: BDC
A report by the Business Development Bank of Canada (BDC), released during Small Business Week, indicates that the number...
Annual inflation rate 3.8% in September: Statistics Canada
The Consumer Price Index (CPI) rose 3.8% in September on a year-over-year basis, down from a 4.0% gain in...
Focus on Small Business: Nearly half as many people launching businesses as 20 years ago: BDC
Despite a population of 40 million, Canada has 100,000 fewer entrepreneurs than it did 20 years ago, according to a BDC study conducted in collaboration with the...
Focus on Small Business: Nearly $3 million in federal funding to support women entrepreneurs
Rechie Valdez, Minister of Small Business, has kicked off Small Business Week 2023 by announcing that the École des entrepreneurs du...
VIDEO PODCAST: Focus on Small Business: How can entrepreneurs survive in these tough times?
Well-known Canadian entrepreneur Arlene Dickinson, who is also a Dragon on CBC’s Dragons’ Den TV show, discusses how entrepreneurs...
VIDEO PODCAST: Focus on Small Business: Hiring challenges for entrepreneurs these days
Cal Jungwirth, Director of Permanent Placement Services with Robert Half, discusses the challenges small business owners are having these...
VIDEO PODCAST: Attracting people and investment to Alberta
Alberta Premier Danielle Smith discusses the Alberta economy and the province’s efforts to attract people and investment. In this...
Canadian home sales ease again in September: CREA
National home sales declined 1.9% month-over-month in September but monthly activity came in 1.9% above September 2022, according to new...
National year-end home price forecast downgraded modestly following sluggish third quarter: Royal LePage
According to the Royal LePage House Price Survey released Thursday, the aggregate price of a home in Canada increased 3.6...
Focus on Small Business: Canadian small business owners optimistic about the future: Scotiabank
Despite the risk of a looming recession, and everchanging inflationary and interest rate pressures, most Canadian business owners are...
Focus on Small Business: Small businesses grapple with financial strain impacting customers: Equifax
Sinead Gleason, Director of Commercial Solutions with Equifax Canada, discusses some ongoing challenges the small business sector continues to...
Focus on Small Business: Only 100 days left until the CEBA forgivable deadline: CFIB
Small businesses that took out a Canada Emergency Business Account (CEBA) loan have only 100 days left to repay...
Employment rose by 64,000 in September: Statistics Canada
Employment rose by 64,000 (+0.3%) in September, following an increase of 40,000 (+0.2%) in August, reported Statistics Canada on...
Housing starts flat in major markets for first half of 2023: CMHC
Housing supply across Canada’s largest cities saw just a 1% growth in the first six months of 2023, compared to the...
Focus on Small Business: Entrepreneurs continue to face serious challenges
Dan Kelly, President and CEO of the Canadian Federation of Independent Business, discusses some of the serious challenges faced...
Slowdown on the horizon for condominium markets in most major Canadian centres: RE/MAX
Recent economic indicators suggesting that Canadian homebuyers could be facing increasingly strong headwinds in the form of further interest...
Second quarter housing affordability gain too small to relieve tensions: RBC
The burden of home ownership costs got slightly lighter in the second quarter in Canada as RBC’s aggregate affordability...
Canadian economy slowing: Statistics Canada
Real gross domestic product (GDP) was essentially unchanged in July, following a 0.2% decline in June. Services-producing industries edged...
Record share of small businesses struggle with borrowing costs, shortage of working capital: CFIB
Over half (51%) of small business owners now say borrowing costs are causing difficulties for their business, according to...
Job vacancies continue to trend downward: Statistics Canada
The number of employees receiving pay and benefits from their employer—measured as “payroll employment” in the Survey of Employment,...
CEBA deadline extension not helpful for small business: CFIB
An overwhelming majority (80%) of small businesses did not find the federal government’s changes to the Canada Emergency Business...
Canadian population grows by more than 1 million in one year: Statistics Canada
Statistics Canada says the country’s population was estimated at 40,097,761 on July 1, 2023, an increase of 1,158,705 people...
More Canadians seeking entrepreneurship as a path to career autonomy & financial security: RBC Poll
A growing number of Canadians are turning to entrepreneurship as a way of fulfilling their financial, career and life...
Retail sales on the rise: Statistics Canada
Retail sales increased 0.3% to $66.1 billion in July. Sales increased in seven of the nine subsectors and were...
Rising number of Canadians taking Employment Insurance: Statistics Canada
The number of Canadians receiving regular Employment Insurance (EI) benefits increased by 25,000 (+6.0%) to 438,000 in July. This was the third consecutive...
Small Business Saturday a good reminder to shop local this holiday season: CFIB
The big annual shopping events are coming up this weekend—Black Friday, Small Business Saturday and Cyber Monday—but a majority...