Canadian Unemployment Is 55% Higher Than G7 Average: OECD

Canada’s “economy” is recovering faster than expected, but employment is lagging. The Organization for Economic Co-operation and Development (OECD), a group promoting trade between 37 advanced economies, published the latest unemployment rates for member countries. The data shows Canada is significantly behind its G7 peers, with only a few OECD countries worse off. Canada is […]

This Week’s Top Stories: Canada’s GDP Is Expected To Make Biggest Contraction Since Great Depression, and Real Estate Buyers Barely Pause

Time for your cheat sheet on this week’s most important stories. Canadian Real Estate Canadian Parliament’s Forecast Includes Unemployment Peaking In Q3 Canadian parliament’s economic forecasts include unemployment rising even further. The PBO economic forecast currently sees 14.8%  unemployment in Q2, and the ratio peaking at 15% in Q3. At the end of last year […]