News by subject: ECONOMIC NEWS/TRENDS/ANALYSIS

Despite a housing shortage in many cities across the country, the number of housing units in 26.4 per cent of Canada's urban neighbourhoods?more than one-in-four?actually declined from 2016 to 2021, according to a new study released today by the...

ECO Canada has announced its newest wage subsidy program for employers and job seekers looking to accelerate clean economic growth. The Environmental Jobs Growth Program helps employers offset the cost of hiring for new or vacant positions. Job...

An economic slowdown is on the horizon for many Canadian provinces as pressures weigh on consumers and businesses, according to new research from The Conference Board of Canada. "Despite our outlook pointing to growth in all regions, a recession is...

As the federal government promises to increase spending in areas of provincial jurisdiction, including pharmacare, dental care, and childcare programs, provincial policymakers should remember that future transfers are not guaranteed, potentially...

Famed British economist John Maynard Keynes would have disagreed with the Bank of Canada's policy of purchasing government bonds with newly-minted cash, according to a joint study published by the Montreal Economic Institute and the Morocco-based...

York University continues to strengthen its position as a leader in creating a more sustainable and inclusive world, ranking among the world's top 40 universities for advancing the United Nations Sustainable Development Goals (SDGs), as revealed...

Children Believe, shines a spotlight on powerful climate change solution and calls upon Canadians to support the ?Believe in Girls Like Me Education Fund'Education and family planning could equate to 68.9 GIGATONS of CO2 reduced/sequestered between...

The Residential and Civil Construction Alliance of Ontario (RCCAO) is proud to partner with the Canadian Automobile Association (CAA) by offering its technical expertise for the 2023 CAA Worst Roads advocacy campaign. This campaign raises awareness...

Canadian cities will see slow growth throughout 2023 as higher borrowing costs and inflation continue impacting local economies, according to new research from The Conference Board of Canada. "Major cities across Canada have largely recovered from...

Stubbornly persistent labour shortages in Canada have left companies over-reliant on a workforce already burdened from recently going through the COVID-19 pandemic, and it's causing many employees to burn out, according to a new survey from The...

Greater Toronto Area, May 24, 2023 ? The GTA new home market rebounded in April with sales starting to return to more traditional levels, the Building Industry and Land Development Association (BILD) announced today. There were 2,391 new home...

Benevity Inc., the leading provider of global corporate purpose software, today released its annual edition of The State of Corporate Purpose, uncovering the trends shaping the future of corporate social responsibility (CSR) in the workplace based on...

As the United States and Europe look to shore up supply chain vulnerabilities stemming from the challenges realized during the pandemic, Canada is well positioned to benefit from these moves, according to new research from The Conference Board of...

Buoyed by increasing revenues, Canadian SMBs want to invest in technology and people to drive growth. Key findings from 2023 Sage's Small Business Big Opportunity Global Survey: The majority (72%) of Canadian SMBs report confidence in their current...

Canadian stats below in bold Born between 1996 and 2010, Gen Z are expected to account for 27% of global workforce by 2025* Same as the global trend, Gen Z are expected to account for 27% of the Canadian workforce by 2025 72% of Gen Z say an...

The Share the Road Cycling Coalition (The Coalition) Ontario's cycling advocacy and policy organization today released province-wide polling data at the opening of the 15th annual Ontario Bike Summit. The data outlines that there is a high prevalence...

More than two-thirds of executive level CPAs believe there will be a recession in Canada this year, according to the recent Chartered Professional Accountants of Canada (CPA Canada) Business Monitor (Q1 2023) survey. In addition, only 18 per cent of...

The average worker spends 3 hours and 43 minutes a day communicating via emails, messaging, video or phone calls ? a whopping 252 million combined hours every single day. This is costing companies over $21 billion per week. While 88% of office...

Denmark, Switzerland and Finland took the top three spots in the 2023 World Citizenship Report, which launched today. The World Citizenship Report ranks 188 countries across five key motivators defining citizenship for the global citizen. ...

Stiff competition and low inventory ahead for Canadian luxury real estate market as demand heats up across Toronto, Vancouver, Montreal and Calgary 2023 First Quarter Highlights Canada's luxury market saw muted sales in the first quarter of...

Minera IRL Limited ("Minera", the "Company" or "we") (BVL:MIRL) is providing this default status report in accordance with National Policy 12-203 ? Management Cease Trade Orders ("NP 12-203") and the terms of a Management Cease Trade Order...

The federal government is underfunding municipalities and public infrastructure, while reaping the greatest proportion of tax dollars from high-tax policies on homebuilding. Cumulative underinvestment in public infrastructure across all three levels...

Despite the progress that has been made, inflation is still weighing down Canada's economy according to new research from The Conference Board of Canada. In keeping with its previous forecast, real GDP growth will be at a virtual standstill for the...

AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $42.0 billion as at March 31, 2023.       AUM($ billions)March 31,2023February 28,2023% ChangeMonth-Over-MonthMarch 31,2022% ChangeYear-Over-YearTotal...

Greater Toronto Area (GTA) housing market conditions tightened in March 2023. Sales accounted for an increased share of listings in comparison to March 2022, suggesting that competition between buyers is on the rise. The average sale price was above...

According to BC Check-Up: Invest, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on investment trends across the province, there were 75 housing units that began construction in Northwest B.C.'s two largest...

According to BC Check-Up: Invest, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on investment trends across the province, there were 4,868 housing units that began construction in the Thompson-Okanagan in...

According to BC Check-Up: Invest, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on investment trends across the province, there were 600 housing units that began construction in the Cariboo region's three...

Between 2005 and 2019, large cities in Southwestern Ontario?in particular Windsor and London?have gone from being amongst the most prosperous cities in Canada (as measured by median household income) to being amongst the least prosperous, finds a new...

According to BC Check-Up: Invest, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on investment trends across the province, there were 309 housing starts in the Kootenays' two largest municipalities in 2022, an...

Substance use cost the Canadian economy $49.1 billion in 2020. That's a jump of more than $11 billion between 2007 and 2020 or nearly 12% in per-person costs. The latest available data is part of the Canadian Use Costs and Harms [CSUCH] 2007-2020...

Despite a return to something more closely resembling pre-pandemic levels in 2022, the TransUnion 2023 State of Omnichannel Fraud Report found that digital fraud continues to rise globally. TransUnion's analysis also revealed that 3% of all consumer...

The Native Women's Association of Canada (NWAC) is disheartened that the federal government's Budget 2023 has once again failed to address critical issues facing Indigenous women, girls, and gender-diverse people: particularly addressing MMIWG and...

BLAZE®, the industry-leading cannabis software suite and point-of-sale platform for cannabis retailers and delivery services, today proudly announced its 2022 full-year results with a peek into 2023 achievements to date. Within the last 14 months,...

To fully offset a deterioration in housing affordability, new home completions in B.C. need to increase 25 per cent above their historical average level for the next five years to a record level of about 43,000 completions per year, a new report has...

According to BC Check-Up: Invest, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on investment trends across the province, the number of housing units that began construction on Vancouver Island/Coast...

Restaurants Canada was pleased to see several welcomed initiatives announced in yesterday's Ontario Budget, in particular, the province's bold commitment to review its taxation system. Restaurants Canada also welcomes actions to address labour...

Two-thirds of Ontario homeowners intend to undertake at least $5,000 worth of renovations or maintenance over the next three years, according to new survey results from RenoAssistance, a comprehensive platform that helps homeowners and commercial...

According to BC Check-Up: Invest, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on investment trends across the province, there were 43,106 housing units started in 2022, down slightly from the 43,360 started...

The Ombudsman for Banking Services and Investments (OBSI) released its 2022 Annual Report. In 2022, OBSI responded to over 10,000 public inquiries - a 40% year-over-year increase from the record levels reached in 2021. This was largely driven by...

Confidence in Canadian real estate bridges generational divide as 49% of urban Canadians expect real estate performance to surpass/match financial investments within 12 months, increasing to 60% within a decade National Highlights...

Governments in Canada?federal, provincial and local?spent $352.1 billion (inflation-adjusted) subsidizing businesses over a 13-year period, finds a new study released today by the Fraser Institute, an independent, non-partisan, Canadian public policy...

Twenty per cent of Canadians surveyed reported seeing online hate speech on a monthly basis, while 16 percent were exposed weekly. Five percent reported daily exposure. Ten percent of Canadians reported being targets of online hate speech, and...

AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $41.9 billion as at February 28, 2023.       AUM($ billions)February 28,2023January 31,2023% ChangeMonth-Over-MonthFebruary 28,2022%...

TransUnion today...

Amid rising costs and other challenges, Budget 2023 earmarks significant funding in many areas to "help British Columbians weather the storm and come out stronger." The Chartered Professional Accountants of B.C. (CPABC) particularly recognizes the...

Per-person (inflation-adjusted) program spending in Ontario reached its highest level on record at $11,558 in 2020 (excluding COVID-related spending, per-person spending was $10,226 that year), finds a new report published today by the Fraser...

Demand for offshore wind in the United States nearly doubled in 2022 and investments in the market tripled, marking not only a transformative year, but an inflection point when the industry began its transition to commercial-scale operations. The...

From 1965 to 2021, per-person spending in Newfoundland and Labrador increased substantially from $3,072 (in 2021 inflation-adjusted dollars) to $15,019, finds a new report published today by the Fraser Institute, an independent, non-partisan Canadian...