News by subject: ECONOMIC NEWS/TRENDS/ANALYSIS

Two-thirds of Canadian companies (66%) say they are increasing wages this year, up significantly from 51% in 2021 and 44% in 2020, according to a survey from The Harris Poll commissioned by Express Employment Professionals. While most companies...

Today, the National Angel Capital Organization (NACO) released its Annual Report on Angel Investing in Canada. This year's report analyzes Canadian angel investment totaling $262.1 million, a record recovery from 2020's pandemic low of $102.9...

A report released today by the Canadian Climate Institute shows that the mounting costs of a volatile climate are already dragging down Canada's economy, with these costs rising swiftly in the coming years. The report?Damage Control: Reducing the...

Today, The Re-Seasoning Coalition (TRSC), a non-profit initiative dedicated to helping achieve greater representation for Black Canadians within the foodservice industry at every level, launches with support from Restaurants Canada.  TRSC's goal is...

FOR IMMEDIATE RELEASE   Greater Toronto Area, September 22, 2022 ? The GTA new home market was quiet in August, with overall sales and inventory levels well below the 10-year average, the Building Industry and Land Development Association...

Restaurants Canada, the voice of foodservice, released the 2022 edition of Foodservice Facts, presenting the latest foodservice statistics, trends, forecasts, detailed analysis and invaluable insights for industry leaders. The theme, "Reset. Revive....

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Canadian companies continue to have difficulty finding qualified employees, especially for full-time positions, according to a new survey from The Harris Poll commissioned by Express Employment Professionals. Most companies (84%) say they plan to...

Descartes Systems Group , the global leader in uniting logistics-intensive businesses in commerce, released findings from its survey Retailers: Sustainability is Not a Challenge, It's an Opportunity, which examined consumer sentiment of retailers'...

In the Fraser Institute's annual Economic Freedom of the World report, Canada remains outside the top 10 most economically-free countries in the world. In this year's report, Canada ranks 14th based on 2020 data (the most recent available). Canada...

With the news of a 0.75% interest rate hike from the Bank of Canada this morning, there is undoubtedly new worry around the impact on monthly mortgage payments. To help capture the effects of today's news and keep consumers educated, nesto, an online...

TransUnion...

iGaming Ontario (iGO) is pleased to release its first public report of market performance since the Ontario igaming market launched on April 4, 2022. This report covers the first full quarter of market operations, ending on June 30, 2022. Whether...

Environmental, social and governance investing?ESG investing for short?is the latest movement by activists to compel businesses and persuade investors to pursue larger social goals, including environmental initiatives, by increasing financial...

New research, launched today by global professional services company GHD titled Aquanomics: The economics of water risk and future resilience reveals that droughts, floods, and storms could result in a total loss of CA$139 billion to Canadian gross...

Across the 26 municipalities that constitute the GTHA, per person spending, adjusted for inflation increased by 9.6 per cent between 2009 and 2019, and Toronto remained the highest spending municipality in 2019, finds a new study released today by...

Xero, the global small business platform, today launched its Xero Small Business Insights for Canada and the United States, which provides critical insights into what is happening in this important sector of the economy, and highlights the impact...

Concerns about an economic slowdown and possible recession have not eased the labour shortages facing companies across Canada, which are still engaged in fierce competition for workers, according to a new study from The Harris Poll commissioned by...

The federal government has shifted the share of overall spending on child benefits away from lower-income families to middle- and upper-income families?to an even greater degree than previously thought, finds a new study published today by the Fraser...

There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 ? down by 47 per cent compared to July 2021. Following the regular seasonal trend, sales were also down compared to June. New...

Digihost Technology Inc. ("Digihost" or the "Company") , an innovative U.S. based Bitcoin ("BTC") mining company, is pleased to provide unaudited comparative BTC production results for the month ended July 31, 2022, combined with...

The Greater Toronto Area (GTA) condominium apartment market followed a similar trend to the housing market as a whole in Q2 2022. With 5,687 sales, the Q2 result represented a decline of 35.2 per cent compared to Q2 2021. Over the same period, new...

Euro Manganese Inc. ("Euro Manganese", the "Company" or "EMN") is pleased to release highlights of its completed Feasibility Study ("FS" or "Study") for the Company's flagship Chvaletice Manganese Project ("CMP" or "Project") located in the Czech...

While interest rates have been on the rise for the past few months, the Canadian housing landscape continued to see pricing growth during the first six months of this year. Prices were up particularly in suburbs and smaller communities outside...

Greater Toronto Area, July 25, 2022 ? GTA new home sales continued to ease in June, the Building Industry and Land Development Association announced today. Total June new home sales of 1,694 units were down 56 per cent from June 2021 and 52 per...

Mid-Year Highlights Canada's luxury market is normalizing following its historically anomalous performance as rising mortgage rates, escalating inflation and global geo-economic headwinds progressively temper real estate consumer sentiment.Near-term...

Prime Minister Trudeau's government has increased per-person debt by 35.3 per cent since 2015, the third highest amount since World War II, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy...

Mandalay Resources Corporation ("Mandalay" or the "Company") announced today its production and sales results for the second quarter of 2022. Second Quarter Production Highlights: Consolidated saleable gold equivalent production and sales...

New data released today demonstrates the economic impact of Paramount Picture's SONIC THE HEDGEHOG 2 with over $41.32 million spent across British Columbia. The world's favourite blue hedgehog came back to B.C. to film the sequel to the 2020...

Australians have enjoyed higher labour productivity growth?a key driver of higher living standards?than Canadians over the last 25 years due largely to greater improvements in the mining and energy sector, finds a new study released today by the...

Contrary to what many Canadians, and interestingly some policymakers and even economists think, debt-financed government spending has real economic costs, even when interest rates are very low, finds a new study by the Fraser Institute, an...

Q2 2022 TransUnion Canada Consumer Pulse study key findings: 59% reported their finances are the same or better than planned; however, only 40% felt optimistic about their financial outlook.89% expected household income to stay the same or...

Higher borrowing costs continued to impact home sales in June 2022. Sales totalled 6,474 ? down by 41 per cent compared to last year's strong result. The number of transactions was also down compared to May 2022, but this is often the case due to the...

Overall sales in the Fraser Valley fell for the third straight month as prices for all property types continued to soften, bringing greater balance to the region's real estate market. In June, the Board processed 1,281 sales on its Multiple...

Nova Scotia ranks last among all Canadian provinces in per person private sector investment?a key driver of higher living standards and increased prosperity?finds a new study published by the Fraser Institute, an independent, non-partisan Canadian...

GCM Grosvenor , a global alternative asset management solutions provider, today released the 2021 Labor and Economic Impact Report for its Labor Impact Fund ("LIF" or the "Fund") which focuses on infrastructure investments in the United States and...

According to BC Check-Up: Live, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on demographic and affordability trends across the province, Southwest B.C.'s population growth continued to slow in 2021....

Sonoco , one of the largest global sustainable packaging companies, today provided updated guidance for its second quarter net income per diluted share, ending July 3, 2022, and announced its earnings release date and investor conference call...

The Investment Funds Institute of Canada (IFIC) today announced investment fund net sales and net assets for May 2022. Mutual fund assets totalled $1.895 trillion at the end of May 2022. Assets decreased by $18.6 billion or 1.0% compared to April...

Alberta is at a crossroads. Years of economic stagnation, unequal prosperity, struggling reputation, and shifting global context have created an imperative for Alberta to reimagine and define its future. Now is that time. After conducting a landmark...

Radware® , a leading provider of cyber security and application delivery solutions, today released its 2022 State of API Security report. The survey, which was conducted with Enterprise Management Associates, revealed a false sense of security among...

Consumer readiness for fully automated, self-driving vehicles in Canada is low, and there are considerable deficiencies in consumer understanding of automated vehicles (AVs) according to the findings of a new study conducted by J.D. Power, Partners...

Although there has been a steady increase in the proportion of Canadian companies that have implemented a diversity, equity and inclusion (DEI) policy, most Canadian companies do not have one according to a recent survey from The Harris Poll...

TRX Gold Corporation (the "Company" or "TRX Gold") is pleased to announce preliminary Q3 2022 production of 2,733 ounces of gold, exceeding previous production guidance of 750-800 ounces of gold per month, as well as preliminary Q3 2022 sales of...

To celebrate National Indigenous History Month and encourage greater efforts to advance reconciliation, Sodexo Canada is releasing a comprehensive report chronicling its wide-ranging initiatives to contribute to Indigenous prosperity and quality of...

Canadians are increasingly concerned about getting goods due to supply chain disruptions, especially women and those over 55 years old, according to a Nanos poll of the Canadian public commissioned by the Canadian Trucking Alliance. The poll reveals...

As Canada's population ages, the number of working-aged Canadians relative to the number of seniors has declined from 5.4 in 2000 to 3.4 in 2022, which means government spending related to demographics is increasing at the same time that the growth...

In April, the GTA new home market showed signs of slowing down from the exceptionally strong pace of the past year, the Building Industry and Land Development Association announced today.  Total April new home sales of 3,645 units were down 29 per...

The rate of digital fraud originating from Canada decreased in Q1 2022, with suspected online fraud attempts declining -40.6% from the same quarter last year, in line with the global decrease of -22.6%. TransUnion's quarterly digital fraud analysis...

As the height of the COVID-19 pandemic passes and temporary support programs wind down, governments in Canada should be moving aggressively towards balanced budgets and even surpluses to pay down debt rather than continuing to borrow, finds a new...