Canada’s GDP Growth Is Slowing, Failing To Keep Up With Population Boom

Canada’s economy is still cranking out growth, but the details aren’t encouraging. Statistics Canada (Stat Can) data shows higher-than-expected gross domestic product (GDP) growth in November. It was positive news, but economists remain cautious and warn that consumers are weakening. GDP growth couldn’t even match the robust population growth, reinforcing slowdown concerns. Canada’s Economy Is […]


US Employment May Not Be As Strong As Data Suggests: BMO

Cracks in America’s booming job market are starting to appear, warned Canada’s oldest bank. BMO Capital Markets outlined a divergence between US payroll and household-survey employment. The bank warns this is the largest divergence on record, outside of the pandemic—indicating the market might be weaker than it appears.  US Payroll and Household Employment  The US […]