Entrepreneur News
Canadian merchandise trade surplus narrows in February
Following strong increases in January, Canadian merchandise exports and imports decreased in February, reported Statistics Canada on Wednesday. Exports...
Canada’s economy can’t afford a slump in business investment: RBC report
A new report released Wednesday by RBC Economics indicates a mild recession is expected in Canada this year but...
TD Economics Provincial Housing Market Outlook: Gauging the Timing and Strength of Recovery
After a dramatic slide over the past year, Canadian home sales appear to have reached a trough and TD...
Office vacancy continues to rise in Canada
Office vacancy continued to rise in Canada’s major markets in the first quarter as the sector undergoes a once-in-a-generation...
‘Robust’ building intentions in Canada: Report
The total value of building permits in Canada advanced 8.6 per cent to $10.7 billion in February, indicating robust...
Salvation Army Thrift Store sees 15% increase in demand but slowdown in donations
More people are making a shift to thrift to purchase high-quality goods at affordable prices as inflation continues to...
Luxury home sales expected to climb in Q2
Luxury home sales are expected to climb in the second quarter as pent-up demand buoys real estate activity in...
Most Canadians see a recession coming in the next 12 months
The Bank of Canada’s latest Canadian Survey of Consumer Expectations indicates most Canadians see a recession as the most...
Canadian businesses anticipate growth but at a slower pace
Businesses anticipate their sales will grow but at a slower pace, according to the latest Business Outlook Survey by...
Canadian GDP rises in January
Real gross domestic product (GDP) in Canada rose 0.5 per cent in January, following a slight contraction (-0.1 per cent)...
Tourism spending in Canada growing
Tourism spending in Canada grew 2.1 per cent in the fourth quarter, the seventh consecutive quarterly increase. Tourism gross...
Canada experiences growth in number of employees
The number of employees receiving pay or benefits from their employer rose by 71,100 (+0.4 per cent) in January,...
Some signs of optimism for small business sector: CFIB
With the country entering the much-anticipated spring season, there are some burgeoning signs of optimism in the small business...
Most Canadian suppliers to large organizations say ESG requirements now unavoidable: BDC study
In this video interview, Pierre Cléroux, Vice President, Research and Chief Economist, BDC, discusses a new report on the...
Nearly half of workers in Canada are feeling overwhelmed by debt
A new survey indicates 26 per cent of workers in Canada are unsure if they will be financially comfortable...
Canadian Taxpayers Federation reaction to federal budget 2023
In this video interview, Franco Terrazzano, Federal Director, Canadian Taxpayers Federation, comments on the federal budget which was released on Tuesday....
CFIB reaction to federal budget 2023
In this video interview, Corinne Pohlmann, Senior Vice President, National Affairs and Partnerships, Canadian Federation of Independent Business, comments...
Active businesses in Canada decreasing in most industries: Statistics Canada
The year 2022 was marked by unprecedented successive declines in the number of active businesses. In fact, this was...
Mild recession forecast for Canada this year: Deloitte
A new report release Tuesday by Deloitte Canada is forecasting a mild recession for the country this year. Key...
Canada’s recreational real estate rush comes to a close: Royal LePage report
The aggregate price of a single-family home in Canada’s recreational regions is forecast to decrease 4.5 per cent in...
Canadian economy cooling off: BMO report
The Canadian economy appears to be cooling off based on the latest reading from BMO’s Canadian Business Activity Index (BAI). A report released Monday...
Canadian retail sales surpass $66 billion in January
Retail sales increased 1.4 per cent to $66.4 billion in January with sales up in seven of nine subsectors,...
Number of Employment Insurance beneficiaries in Canada plummets
In January, 375,000 Canadians received regular Employment Insurance (EI) benefits, down by 20,000 (-5.0 per cent) from December 2022 and the lowest number...
Canada could be short more than 120,000 rental units by 2026
RBC Economics estimates there is already a 25,000—30,000-unit deficit in Canada’s purpose-built rental stock and the shortfall is likely...
Record-high population growth in Canada in 2022
Canada’s population was estimated at 39,566,248 on January 1, 2023, after a record population growth of 1,050,110 people from...
Carbon tax adding to small business burden: CFIB report
Despite collecting billions in carbon tax revenues, the federal government has returned less than one per cent of the...
Canadian annual inflation rate decelerates in February
The Consumer Price Index (CPI) rose 5.2 per cent year over year in February, following a 5.9 per cent...
New research shows women-owned businesses on the rise in Canada
Women-owned businesses are a growing proportion of businesses in Canada, according to the latest Women Entrepreneurship Knowledge Hub (WEKH)...
Buyers spring back: Sidelined Canadians plan return to market
In this video interview, Phil Soper, President/CEO, Royal LePage, discusses a new report indicating potential homebuyers are back in...
Most provincial economies poised to grind to an essential stand-still this year
After their recent surprising display of resilience, most provincial economies are poised to grind to an essential stand-still this...
Tips for the novice real estate investor
In this video interview, Jason Kinnear, Manager of Family Office Services, CWB Wealth, discusses what people need to know...
Wholesale sales in Canada surpass $84 billion in January
Wholesale sales rose 2.4 per cent to $84.2 billion in January as sales increased in six of the seven...
Canadian economy unlikely to dodge a downturn despite early-2023 resilience
Economic growth has been more resilient than feared in the wake of aggressive interest rate increases last year and...
Canadian home sales rise in February despite drop in new supply
Home sales recorded over Canadian MLS Systems posted a 2.3 per cent increase from January to February 2023. Gains were...
Housing starts in Canada on the rise
The standalone monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada increased 13 per...
2023 Canadian Real Estate Market: Generational Trends Report
In this video interview, Don Kottick, President/CEO, Sotheby’s International Realty Canada, discusses a recent report about the intentions...
Canadian manufacturing sales reach $73.9 billion in January
Manufacturing sales rose 4.1 per cent to $73.9 billion in January, with increases in 16 of 21 industries, reported...
Small businesses look for much-needed relief from cost increases and post-COVID debt
The Canadian Federation of Independent Business (CFIB) says the federal government needs to use the upcoming budget to implement...
National net worth continues to fall despite rebound in international investment position
Canada’s national net worth, the sum of national wealth and Canada’s net foreign asset position, dropped 2.4 per cent...
Canada sees 22,000 jobs created in February as unemployment rate near record low
Employment held steady in February (+22,000; +0.1 per cent), and the unemployment rate was unchanged at 5.0 per cent,...
MPs take pay raise same day they take more from taxpayers
In this column, Franco Terrazzano, Federal Director, Canadian Taxpayers Federation, writes about upcoming taxes for Canadians at the same...
Part of a Cycle: A Recession Primer
There’s a lot of talk these days about an upcoming recession in Canada. But what does a recession actually...
Per-person federal program spending at unprecedented levels
Per-person federal program (inflation adjusted) spending is expected to reach $11,498 in 2022-23 — five per cent higher than...
Economic Headwinds Impacting Debt Levels and Credit Payment Behaviour
According to Equifax Canada’s most recent Market Pulse consumer credit trends and insights report, total consumer debt in Q4...
New Report Reveals Surprising Changes in How Canadians Bought Homes in 2022
A new report from Zolo reveals significant changes in home buying for Canadians in recent years. The 2023 Canada Housing...
Corporate Canada: Getting Ready for a Stress Test: TD Economics report
The finances of Canadian corporations have improved dramatically over the last three years, as strong economic growth and high...
Strategic M&A will be the fastest way to business transformation
According to PwC Canada’s M&A year in review and 2023 outlook, 54 per cent of Canadian corporate leaders are not planning...
Canadians anxious about homebuying, unpredictable market and affordability: mortgage survey
A record-high number of non- home owners believe they will never be able to buy a family home, at...
Fueling Inclusion: A diversity, equity and inclusion report on Alberta’s energy and resources industry
A diversity, equity and inclusion report by EY on Alberta’s energy and resources industry finds that only 20 per...
Mental Health & Wellness: A Toolkit For A Good Life
In this video interview, Dr. Vincenzo Aliberti, author and public speaker, talks about his new book Mental Health &...