Entrepreneur News
Commuting to work by car and public transit grows in 2023: Statistics Canada
In May 2023, 15.9 million Canadians or four in five workers were commuting to a location outside their home...
Consumer confidence drops to its lowest point since the start of the pandemic: Conference Board of Canada
This month, the Consumer Confidence Index dropped to 61.2, down from 73.6, its largest single month-to-month drop this year,...
More Canadians are enjoying the dual benefits of working hybrid
More Canadians are seeing the benefits of a hybrid work model and say they’re enjoying the collaboration and social...
Half of Gen Z Canadians see themselves as better suited to be their own bosses than earlier generations: GoDaddy Survey
A new survey from GoDaddy shows three-quarters of post-secondary aged Canadians have or plan to start their own business....
Average Canadian family pays more on taxes than on housing, food and clothing combined: Fraser Institute
The average Canadian family spent 45.3 per cent of its income on taxes in 2022—more than housing, food and...
Investment in residential construction declining: Statistics Canada
Investment in residential construction declined for the fourth straight month, falling 4.5% to $12.1 billion in June. Investment in...
Canadian fintech investment drops to pandemic-era levels in the first half of the year
Investment in Canadian fintech companies dropped three-fold in the first half of 2023 as valuations continued to slide to...
Housing starts trend line increases for 2nd consecutive month in July: CMHC
The housing starts trend line in Canada increased for the second consecutive month due to a healthy number of...
National home sales see biggest annual gain in more than two years: CREA
National home sales edged down 0.7% month-over-month in July but were up 8.7% above July 2022, according to a report released...
Manufacturing sales decrease in Canada: Statistics Canada
Manufacturing sales decreased 1.7% to $71.5 billion in June, on widespread declines over 14 of 21 subsectors, led by the petroleum and coal product (-8.3%),...
Annual inflation rate rises in Canada: Statistics Canada
The Consumer Price Index (CPI) rose 3.3% year over year in July, following a 2.8% increase in June. Acceleration in headline...
CPP Investments net assets total $575 billion at Q1 Fiscal 2024
Canada Pension Plan Investment Board (CPP Investments) ended its first quarter of fiscal 2024 on June 30, 2023, with net...
Non-profit and private sectors join forces to address Canada’s rental housing crisis
A group of Canadian housing sector organizations – non-profit and for-profit housing providers, developers, and investors – have created...
Canadian consumer: Cracks beginning to show: CIBC
The resilience of the Canadian consumer has been one of the biggest surprises of 2023 so far, and a...
Canada’s merchandise trade deficit widens: Statistics Canada
In June, Canada’s merchandise exports decreased 2.2%, while imports were down 0.5%. As a result, Canada’s merchandise trade deficit...
Canada loses 6,000 jobs in July as unemployment rate ticks up: Statistics Canada
Employment was little changed in July (-6,000; -0.0%). The unemployment rate increased 0.1 percentage points to 5.5%, marking the third...
A Slow Road to Recovery for Canadian Tourism Spending: TD Economics
Canada’s tourism sector has bounced back briskly since the initial COVID-19 lockdowns. However, the pace of recovery is now...
More than half of people planning to retire would continue working part-time: Statistics Canada
As the population continues to age, employers may want to develop incentives to retain experienced workers, and some seniors...
VIDEO: CFIB petition calls for extension of CEBA repayment deadline
In this video interview, Corinne Pohlmann, Executive Vice-President at the Canadian Federation of Independent Business, discusses the implications to...
Canadian GDP grows in May but appears to have slowed in June: Statistics Canada
Real gross domestic product (GDP) increased 0.3% in May, following a 0.1% uptick in April. Services-producing industries were up...
Non-permanent residents can fill labour gaps in “greying” Canadian industries: RBC Economics
A new report by RBC Economics says Canada will need to maintain a high flow of non-permanent residents as...
Continuing steady downward trend in job vacancies: Statistics Canada
The number of employees receiving pay and benefits from their employer increased by 23,300 (+0.1 per cent) in May,...
Balancing Canada’s Pop in Population: TD Economics
Canada’s population boomed by 1.2 million people over the last 12 months but the positive support to the labour...
Canadian consumer confidence rising: Conference Board of Canada
The Index of Consumer Confidence rose 5.5 points in July after dropping sharply the previous month, says a report...
Canadian businesses urging extension to CEBA repayment deadline
Industry associations representing thousands of Canadian businesses, including the Canadian Federation of Independent Business (CFIB), are urging Deputy Prime...
Competition Bureau launches new wage-fixing and no-poaching enforcement guidelines
New wage-fixing and no-poaching enforcement guidelines have been released by the Competition Bureau. Employers could be exposed to serious penalties following recent changes...
Internet use continues to grow: Statistics Canada
Internet use among Canadians aged 15 years and older reached 95 per cent in 2022, up from 92 per...
Canadians receiving Employment Insurance benefits on the rise: Statistics Canada
The number of Canadians receiving regular Employment Insurance (EI) benefits rose by 9,800 (+2.5 per cent) to 399,000 in...
Canadian Tech Sector Shifts from Office-Market Juggernaut to Sleeping Giant: CBRE
CBRE’s just-released Scoring Tech Talent ranking of North America’s top tech employment markets shows that Toronto was supplanted at #3 by...
Home ownership continues to be a top priority for Canadians coast to coast: RE/MAX
What began as a trickle of movement into housing markets late in the first quarter turned into a swell,...
Canadian economy in for a slow rebound in Q3, no signs of a recession: CFIB
After falling nearly flat in Q2 2023, economic growth is expected to see a slow rebound to 1.4 per...
VIDEO: New era of diversity for Canada’s luxury real estate market as performance diverges across major cities
In this video interview, Don Kottick, President and CEO, of Sotheby’s International Realty Canada, discusses the real estate company’s...
Annual inflation rate eases in June: Statistics Canada
The Consumer Price Index (CPI) rose 2.8 per cent year over year in June, following a 3.4 per cent...
Downward trend in housing starts reverses with uptick in activity in June: CMHC
The declining trend in housing starts observed over the last several months reversed slightly due to a significant increase in...
Canadian bureaucracy and government spending running wild: Canadian Taxpayers Federation
In this video interview, Franco Terrazzano, Federal Director, Canadian Taxpayers Federation, discusses the bloated bureaucracy since Prime Minister Justin...
Mind the Gap: Canada is Falling Behind the Standard-of-Living Curve: TD Economics
Despite turning in solid headline growth in recent years, Canada has lagged behind the U.S. and other advanced economies...
Economic optimism climbing despite recession expected this year: CPA Canada
Optimism is climbing among top business leaders surveyed by CPA Canada, even as a majority of respondents continue to...
Tourism spending in Canada on the rise: Statistics Canada
Tourism spending in Canada grew 2.6 per cent in the first quarter, due to an increase of 3.5 per...
Per-worker business investment down 20% since 2014: Fraser Institute
Business investment per worker—a key driver of income gains and living standards—has declined in Canada since 2014, finds a...
Homeownership costs dip—a welcome shift but no game changer: RBC Economics
A new report by RBC Economics suggests homeownership in Canada became slightly more affordable in the first quarter of...
Canadian economy stalls in April, but may rebound in May: Statistics Canada
Real gross domestic product (GDP) in Canada was essentially unchanged in April, following a slight uptick in March (+0.1...
Drop in small business optimism shows economic slowdown may be underway: CFIB
After a seven-month upward streak, the small business optimism index for the next 12 months dropped 2.1 points, sitting...
Job vacancies on a downward trend: Statistics Canada
Job vacancies remained on a downward trend in April, edging down to 790,900, from 804,800 in March. This brings the net decrease...
Soaring construction costs will hamper Canada’s homebuilding ambitions: RBC
Canada’s residential construction price index has soared 51 per cent since the start of the pandemic, putting new pressure...
Pace of inflation eases in May: Statistics Canada
The Consumer Price Index (CPI) rose 3.4 per cent year over year in May, following a 4.4 per cent...
Ottawa’s wasteful COVID spending will cost taxpayers more than $110 billion by 2032/33: Fraser Institute
The total cost of the federal government’s wasteful COVID spending—money that was poorly targeted or sent to ineligible recipients—will...
VIDEO: Most Canadians skeptical about brands’ sustainability claims: Deloitte Canada
In this video interview, Joe Solly, Partner, Risk Advisory, Ontario Leader for Sustainability and Climate Change, Deloitte Canada, discusses...
Toronto’s Collision 2023 conference: The Olympics of Tech
It has been called the ‘Olympics of Tech.” The Collision conference, which takes place June 26-29 at the Enercare...
Employment Insurance beneficiaries remain near record low: Statistics Canada
In April, 384,000 Canadians received regular Employment Insurance (EI) benefits, little changed from 386,000 in March. Since November 2022, the number of regular EI beneficiaries...
Canada’s multi-suite residential sector records steady growth in Q2 2023: Morguard
The multi-suite residential sector recorded steady growth in the second quarter as rents continued to climb, says a report...