Canada just entered a technical recession, but it’s also apparently in the middle of a hiring boom? Statistics Canada’s (StatCan) Labour Force Survey (LFS) shows a sharp climb in employment in May. In fact, it marks the third-most jobs added to employment outside of the pandemic recovery. That doesn’t quite jibe with the recession and […]
Canadians aren’t exaggerating when they complain about this job market—hiring hasn’t been this weak in almost a decade. Statistics Canada (StatCan) data shows fewer job vacancies in March than last year. Those looking for employment face the weakest vacancy rate in nearly a decade, a red flag for the whole economy. Take This Job & […]
Canada’s job market saw its footing slip last month. Statistics Canada (StatCan) data shows the unemployment rate hit a 7-month high in April. That’s unlikely to surprise those who anticipate layoffs as a result of the trade war. However, with a layoff rate consistent with the average in the 2010s, the data doesn’t fit the […]
Canadians saw their average wage surge at the fastest pace in months, according to Statistics Canada (StatCan). The surge reported in March stands in stark contrast with the reality of other datapoints, and for good reason—wages aren’t booming. The surge was due to a dramatic composition change, according to BMO Capital Markets, who warned investors […]
Canadian employment wasn’t impressive last month, but it was the best Labour Force Survey (LFS) of 2026. Statistics Canada (StatCan) data shows minor job growth, with unemployment unchanged in March. The AI and trade war job cuts that everyone fears? It turns out employment is stabilizing, layoffs are lower than expected, and heck—wages are even […]
Canada’s population is shrinking at the fastest pace on record according to Statistics Canada (StatCan). The latest Q1 2026 population estimates reveal the first annual decline ever, driven by a sharp shift in immigration policy. The agency warns the declines will see revisions in the upcoming months as Canada softens its stance on immigration throttling. […]
February may be the shortest month, but it punched above its weight when it came to job losses. Statistics Canada (StatCan) data shows employment fell in February, concentrated entirely in full-time roles. The little growth over the past year has been public sector expansion, masking a stalling private sector. The result: unemployment is at recession […]
Canada is seeing its total active business count hold firm, but a dramatic recomp is happening. Statistics Canada (StatCan) data shows active businesses climbed in November, even if it was a minor advance. Looking past the headline data, there are a few more problems that may not be obvious at first—such as the reliance on […]
Canada is losing jobs, but don’t worry—it needs less of them. That was the general takeaway from Statistics Canada (StatCan) this morning. Despite the agency reporting fewer jobs in January, the headline unemployment rate fell as fewer job seekers were in the market. Before bragging about how great the economy is, it’s worth understanding the […]
Canadian employers may be doing better than expected, but they aren’t showing much enthusiasm. Statistics Canada (StatCan) data show national job vacancies slipped in November, but it was far from a national trend. Five provinces showed monthly growth, with Saskatchewan and Alberta actually showing a substantial jump in hiring. The drag was primarily in BC […]
