Canadian Real Estate Prices To Fall Even Further: Oxford Economics
Oxford Economics expects Canadian home prices to fall further as rising mortgage rates, weak hiring, and stretched valuations weigh on demand.
This Week’s Top Stories: Canadians Migrate To Alberta, Job Slump Wipes Out 2026 Gains
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Lost 110,000 Jobs Over Two Months, Wiping Out 2026 Gains The narrative of Canada’s resilient job market has flipped in just two months. Employment fell by roughly 70,000 jobs in September, totaling a drop of 110,000 since August. The two-month slump […]
Canada Lost 110,000 Jobs Over Two Months, Wiping Out 2026 Gains
Canada’s job market continues to stumble, erasing any gains made year-to-date. Statistics Canada’s (StatCan) September Labour Force Survey (LFS) shows a sharp drop in employment. Public sector workers and young adults carried virtually all of the pain. Canada Lost 110,000 Jobs In Just Two Months Source: StatCan; Oxford Economics. The agency reported that seasonally adjusted […]
Most of Canada’s Employment Gains Are Temporary, 4x The Normal Share
Canadian employment stumbled after a multi-month winning streak that seemed to defy gravity. Statistics Canada’s (StatCan) Labour Force Survey (LFS) shows employment dropped sharply in August. On its own, it’s not particularly concerning as it only rolls back a fraction of the huge gains made recently. What is concerning is that temporary roles accounted for […]
Canada’s Job Market Is Booming If You Ignore Population Revisions
Canada’s economy is booming, as long as you ignore the actual data and upcoming revisions. Statistics Canada’s (StatCan) latest Labour Force Survey (LFS) shows seasonally adjusted employment climbed by 75,000 jobs in July. The unseasoned reality was a little less savoury, showing a 6-digit decline in the same month, along with rising unemployment. The picture […]
Canadians Are Leaving At A Record Pace—and Half Are From Ontario
Ontario residents aren’t just fleeing to other provinces in record numbers—the province is driving them abroad. Statistics Canada (StatCan) data shows nearly half of the record outflow of Canadians was from Ontario in Q1 2026. That’s on top of the record departure of non-permanent residents from the province. Canadians Are Leaving Ontario To Move Abroad […]
Canadian Job Growth Hasn’t Been This Slow Outside of Recession
Canadian employment beat market expectations last month, easing recession fears. Statistics Canada (StatCan) employment shows the country added jobs in June. The unemployment rate also fell to a multi-month low, but a look past the headline reveals a dimmer picture. Outside a recession, Canada has never seen annual employment growth this weak in June. Canadian […]
This Week’s Top Stories: Canadian Housing Affordability Similar To 90s Bubble, Second Jobs Rise
Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Affordability Best In 4 Years, Still At 90s Bubble Levels: RBC Canadian housing affordability is the best it’s been in the past 4 years, but that’s not as great as it sounds. RBC estimates a median household needs to spend 53% […]
Canadian Jobs Up, But Most Gains Went To People Getting A Second Gig
Canada’s latest payroll data may be less encouraging than it sounds, confirming inflation stress. Statistics Canada’s (StatCan) Survey of Employment, Payrolls and Hours (SEPH) shows jobs rose sharply in April—and revised March from a steep loss into a gain. BMO warns the details are less flattering—the gains appear driven by workers taking on extra jobs, […]
Canada Is Attracting Less Elite Talent—And Losing Even More: StatCan
Is it Canada’s cost of living or did its bet on diploma mills tarnish its academic reputation? Statistics Canada (StatCan) researchers crunched the numbers on the country’s foreign postdoctoral fellows—elite researchers working on temporary visas after earning their PhDs. The agency found that these workers earn significantly more than other categories of immigrants and provide […]
