Nearly 1 In 5 Canadian Part-Time Workers Can’t Find Enough Work

Canada’s labor market revealed yet another sign of cooling. Statistics Canada (Stat Can) data reveals involuntary part-time workers were on the rise in August. Involuntary workers have increasingly represented a share of part-time workers, hitting a nearly two-year high. The data reveals the overheated economy is quickly normalizing, an interesting potential headwind for overheated asset […]

This Week’s Top Stories: Canadian Real Estate Prices May Drop 30% & Housing Investment Drops 80s Bubble Style

Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Housing Investment Is Correcting At The Fastest Rate Since The 80s Bubble Pop Canadian housing investment has never dropped this fast without popping a bubble. Residential investment dropped to $133.1 billion in Q3 2023, a 13.8% decline from last year. The […]