by Lily Dupuis | Jul 22, 2024 | Analysis, Economic Insights, Insights
In 2023 Canada’s economy exceeded expectations, with real GDP growing by 1.1%. This growth was highlighted in the 2024 federal budget for not only being faster than originally projected but also outpacing many other G7 countries. According to the latest outlook...
by Lily Dupuis | Jul 18, 2024 | Analysis, Economic Insights, Insights, Reports & Publications, Task Force & Policy Reports
Alberta has seen the strongest employment growth of all large provinces and is forecast to lead in economic growth as well. Alberta economy is again the strongest in Canada – growing and creating jobs – but it is also feeling the pressures of a rapidly expanding...
by Lily Dupuis | Jul 17, 2024 | Analysis, Economic Insights, Insights
Bottom Line: Waning Support for Immigration: Canadians’ support for immigration is declining due to housing affordability issues and a shift away from selecting immigrants based on economic contribution. Policy Shifts: The Comprehensive Ranking System (CRS) for...
by Lily Dupuis | Jul 16, 2024 | Economic Insights, Insights
ICYMI: July 5th was Jobs Day and here are our findings. The Canadian labour market continues to weaken. Job growth was essentially flat in June, while the population continued to grow, sending the national unemployment rate up to 6.4% – a full % pt above a year...
by Lily Dupuis | Jul 15, 2024 | Economic Insights, Insights
Four years ago, as economic activity was halted by the pandemic, the importance of accessible and affordable child care became painfully obvious. This paved the way for a national childcare program announced in 2021, or what is commonly referred to as the $10-a-day...
by admin | Jul 10, 2024 | Analysis, Insights
Bottom Line: To maintain global competitiveness, Canada should improve its selection of economic immigrants The main problem is that the CRS points system is supposed to be a predictor of immigrant success, but the factors it considers now account for only 16% of the...