Canada’s growth engine has long been small businesses, but the country is all in on large firms. BMO Capital Markets warns that while large firms make up only a small share of total employment, they’ve accounted for virtually all job gains in 2025. The bank cautions that this imbalance is amplifying downturn risks and could […]
Canadian entrepreneurs are building the future—they just aren’t building it in Canada. A new study warns the country’s startup scene failed to recover post-pandemic, with Canadian-educated founders increasingly creating jobs elsewhere. The authors blame rising domestic friction and call for cultural and financial incentives to reverse the trend. But the report overlooks the biggest hurdle […]
Canadians aren’t bouncing back from the pandemic’s hit to life satisfaction. Statistics Canada (StatCan) data show the average life satisfaction score slipped in Q2 2025, the first decline in more than a year. The recovery is stalling before it reaches pre-pandemic levels, and a provincial breakdown shows sharp divides in how people feel about their […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Economy Hits An Iceberg—Government Spending Soars It’s too early to use the R-word to describe the Canadian economy, but it seems inevitable. Real GDP contracted 0.4% (SAAR) in Q2, driven by falling exports, weak business investment, and a decline in non-residential […]
Canada’s job market just lost one of its biggest crutches: public sector hiring. After years of driving job growth—expanding at twice the pace of the private sector—the public workforce abruptly contracted in May. New data from Statistics Canada’s Labour Force Survey (LFS) shows a sharp pullback, raising questions about recent job gains. While the hiring […]
Canada’s gross domestic product (GDP) may appear stable, but its foundation is anything but. Statistics Canada (Stat Can) data shows that real GDP rose 0.5% in Q1 2025, matching Q4 2024 after a downward revision. While the headline signals expansion, it conceals a more troubling reality: domestic economic activity is flatlining, and the terms of […]
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada’s GDP Per Capita Crisis: 4 Provinces Grow, Others Fall—Some Back To 2020 Canada’s population is growing much faster than its economy, and the problem is reaching a crisis level. GDP per capita fell 1.4% in 2024, implying the country is seeing […]
Canada’s economy is losing ground—and its population is paying the price. New Statistics Canada (Stat Can) data reveals GDP per capita fell 1.4% in 2024, but the hit wasn’t evenly distributed. A provincial breakdown reveals stark disparities: few regions are thriving, while most are regressing—some back to 2020 levels. If quality of life continues to […]
Canada is facing much smaller tariffs than initially proposed, but unfortunately the problems are getting bigger. A new report from Oxford Economics sees the country plunging into a recession deeper than previously anticipated. Despite softening tariff threats, economic uncertainty will reduce consumption and investment, ultimately producing higher unemployment and even briefly producing disinflation. Canadian GDP […]
Canadian business uncertainty is riding high but reality may not be as bad as expected. The Bank of Canada (BoC) released the results of its quarterly Business Outlooks Survey (BOS) for Q1 2025, revealing a sharp decline in the country’s future GDP growth. A report from BMO warns this erosion in expectations is very real, […]
