News by subject: ECONOMIC NEWS/TRENDS/ANALYSIS

Startup companies at the University of Waterloo's flagship entrepreneurship programs have generated more than $2 billion in revenue and around 7,500 jobs over about a decade, according to a major new report by Deloitte Canada. The first third-party...

A few decades ago, approximately 1 in 10 Canadians worked part-time, but today that has increased to almost 1 in 5. A new survey released by Express Employment Professionals provides some insight into the shift, including the desire for more...

After posting modest economic growth this year, the Canadian economy is poised to show some improvement with a 1.8 per cent gain forecast for 2020. Despite our call for stronger growth next year, risks to the forecast remain tilted to the downside....

Carbon pricing is now in place across Canada. Its aim is to encourage behaviours and technology adoptions that lead to reductions in greenhouse gas (GHG) emissions. But carbon pricing can also result in unintended consequences ? such as carbon...

In advance of Black Friday more than half of Canadians (55 per cent) say they will be spending less on holiday gifts this year, according to a recent survey* by Equifax Canada. This comes following Equifax Canada's Q2 Consumer Credit Trends Report,...

New data released today examined the economic impact of CBS's Star Trek: Discovery on the province of Ontario. In just the first two seasons, the production spent more than $257 million and created over 4,199 jobs for local crew and other labour....

A new report has confirmed earlier warnings that the UCP's first budget will kill as many as 114,000 jobs, split between the public and private sectors, and "put Alberta on a short path to economic recession." The report, entitled The "Kenney...

The GTA new home market was relatively strong in September, both in terms of new home sales and new project openings, the Building Industry and Land Development Association (BILD) announced today. There were 3,061 new home sales in September,...

Implementation by the Kenney government of the MacKinnon report's recommendations could drive Alberta's economy into recession and result in the loss of up to 113,500 jobs in both the public and private sectors, according to a new report released...

CFA Society Toronto and CFA Society Ottawa announces that The Descartes Systems Group Inc., a Canadian multinational technology company specializing in logistics software, supply chain management software, and cloud-based services for logistics...

(GLOBE NEWSWIRE) - Warning signs can be seen in every corner of the world. There is stalled or negative growth in Germany, the United Kingdom, Italy, Brazil, and Mexico. At the same time, business confidence has turned negative in Japan for the first...

Financial Planning Standards Board Ltd. (FPSB) and the global community of professional financial planning bodies representing over 181,000 CERTIFIED FINANCIAL PLANNER® professionals worldwide unite on Wednesday, 2 October, to celebrate the third...

Alberta's Consumer Price Index (CPI) has gone up 1.3% since last year, yet for the first time this decade Alberta's minimum wage workers won't see an increase. "Having a minimum wage is about helping people afford basic needs based on cost of living...

Vancouver, BC: The Real Estate Investment Network (REIN) is releasing the inaugural REIN's University Effect: A Report for Rental Housing Providers, describing for the first time how university campuses influence real estate rents, prices, values,...

CCIM Institute Chief Economist K.C. Conway, in partnership with the Alabama Center for Real Estate at the University of Alabama, released a special report entitled "Retail e-Volution: Predictions for 2025" that details five predictions for the future...

Sustainable Brands® recently unveiled program details for New Metrics'19: Next-Generation Goals & Reporting, scheduled for November 18-20 in Philadelphia, PA. Gathering more than 300 executives, sustainability strategists and finance leaders from...

It was a typically quiet August in the GTA new home market this year, the Building Industry and Land Development Association (BILD) announced today. There were 1,400 new home sales in August, according to Altus Group*, BILD's official source for new...

Skanska USA, alongside the Carbon Leadership Forum and partners in industry, today announced the creation of the Embodied Carbon in Construction Calculator ("EC3") tool, a ground-breaking solution for calculating and evaluating the carbon emissions...

The impact of all government fees, taxes and charges in the wallets of new home buyers in the Greater Toronto Area (GTA) are amongst the highest in North America according to a new report conducted by the Altus Group for the Building Industry and...

Hong Kong and Singapore are once again the most economically-free jurisdictions in the world?although China's heavy hand threatens Hong Kong's top ranking, finds the Fraser Institute's annual Economic Freedom of the World report released today....

Economic data released today shows Warner Bros.' IT CHAPTER TWO spent more than $56.4 million in the province of Ontario. The follow up to the massive worldwide box office hit IT , supported over 500 Ontario-based businesses from more than 80...

Otis Gold Corp. ("Otis" or the "Company") is pleased to announce that further to its news release dated July 30, 2019, the Company has filed on SEDAR a National Instrument ("NI") 43-101 Preliminary Economic Assessment (or "PEA") for the Kilgore...

Home equity lines of credit (HELOCs) have emerged as one of the biggest contributors to the growth of...

Despite real GDP growth of just 1.4 per cent projected in Canada for 2019, some cities are showing strength in certain sectors, contributing to one of the strongest jobs gains on record [AA1] Canada-wide. These figures are the latest in the...

PRESS RELEASE    The Conference Board of Canada Whose ride is it, anyway? The impact of shared mobility on public transit Ottawa, July 23 2019 ? Public transit ridership levels vary across Canada, raising questions and debate about the impact of...

Orezone Gold Corporation ("Orezone" or the "Company") is pleased to report the results of its updated feasibility study (the "2019 FS") which incorporates a staged Phase II Sulphide Expansion for its 90%-owned Bomboré...

FOR IMMEDIATE RELEASE Vancouver, BC: The Real Estate Intelligence Network (REIN) is publishing for the first time The Millennial Report, which explores this massive demographic cohort and its impact on rental and housing markets in Canada. This...

During Co-operatives and Mutuals Canada (CMC)'s Congress 2019, Scott Banda of Federated Cooperatives Limited and Guy Cormier of Desjardins Group released the Study on the Economic Impact of the Co-operative Sector in Canada in 2015. Led by...

Indigenous-owned small and medium enterprises are proving highly adept at breaking into foreign markets, according to a new report jointly released today by Canadian Council for Aboriginal Business (CCAB) and the Office of the Chief Economist of...

The Ontario Secondary School Teachers' Federation (OSSTF/FEESO) is pointing to a newly commissioned report based on research by the Conference Board of Canada as evidence that provincial cuts to public education could impact high school graduation...

The Conference Board of Canada's Chief Economist, Pedro Antunes, and the President of the Ontario Secondary School Teachers' Federation (OSSTF/FEESO), Harvey Bischof, will launch and discuss a new economic report on education entitled The Economic...

Canadians are devoting hefty chunks of their pay checks to housing according to a recent survey conducted by RateSupermarket.ca. Among renters, 44 percent of Canadians report that more than a third of their income goes to putting a roof over their...

Lift & Co. Corp. ("Lift & Co." or the "Company") today presented a first-look at Canadian cannabis consumer trends, kicking off the Lift & Co. Cannabis Business Conference ("LCBC") and Expo in downtown Toronto. In a talk titled Forecasting Canada:...

The government of Ontario has tabled a Bill to limit salary increases to a rate well below inflation. This is another example of the Conservative's continuing attack on the workers of Ontario. Never in Ontario's history has this type of legislation...

Ontarians are joining forces across the province to send a message to the government: stop cuts and privatization of public services that hurt Ontario families. Actions will be held on June 7 & 8 in more than 25 Ontario communities to tell the...

The government of Ontario has tabled a Bill to limit salary increases to a rate well below inflation. This is another example of the Conservative's continuing attack on the workers of Ontario. Never in Ontario's history has this type of legislation...

Business leaders from coast-to-coast are teaming up to raise awareness of the importance of Canada's natural resource economy. The Canadians for Natural Resources campaign is an initiative coordinated by the Canadian Global Cities Council (CGCC)....

Why would the government, in this day and age, go backwards to a youth minimum wage, something that was actually phased out in the 1990s because employers were abusing it? The Alberta Federation of Labour has looked into some of the research and...

Media are invited to join FEI Canada at their upcoming 2019 Annual Conference in Blue Mountain, Ontario. Running on the theme of #Disruption #NailedIt and with an incredible lineup of speakers confirmed, the FEI Canada Annual Conference is an...

Husky Energy will hold its Investor Day in Toronto today to review and update its five-year plan. With a focus on generating increased free cash flow, Husky's plan shows reduced capital spending to achieve an annual average of $3.15 billion for...

A new national survey by Credit Canada shows that while many Canadians avoid talking about their money and finances, uncomfortable health issues tops the list of topics Canadians least like to talk about. The Awkward Silences Survey, an Angus Reid...

The GTA new home market saw continued momentum in April as prices remained relatively flat and condominium inventory increased, the Building Industry and Land Development Association (BILD) announced today. Total new home sales, with 3,853 new...

New Frontier Data, the authority in data analytics and business intelligence on the global cannabis industry, announces its latest report the Africa Regional Hemp and Cannabis Report: 2019 Industry Outlook, estimating Africa's total addressable...

Continent-wide analysis of African economies demonstrates positive correlation between economic growth and rising governance indicatorsEthiopia and Cote d'Ivoire demonstrate consistent annual average real per-capita growth of >5% since...

Canadian Council for Aboriginal Business (CCAB) today released a data-driven report calling on the federal government to increase the dollar value of its procurement spending with Aboriginal businesses to 5% of total procurement spending by 2024....

Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019.  The number of residential transactions jumped by 16.8 per cent to 9,042...

  Three months ending:  3/29/20193/30/2018Net product sales$38,056,000$36,150,000Income from operating activities(*) 2,511,000 1,984,000Net income for the period 1,726,000 1,097,000Total comprehensive income for the...

Gran Colombia Gold Corp. announced today that it produced a total of 21,325 ounces of gold in March bringing the total for the first quarter of 2019 to 60,601 ounces, a new quarterly record and up 15% over the first quarter of 2018. This brings the...

The Ontario government can balance its budget in just two years with a modest one per cent spending reduction from 2018 levels, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank....

On Tuesday, April 9, the Fraser Institute will release a new study on the upcoming provincial budget in Ontario. A Turning Point or More of the Same? Ontario's Fiscal Choices in Budget 2019 explains how, with this week's provincial budget, the Ford...