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...
by admin | Jul 8, 2024 | Economic Insights, Insights
In March, the Bank of Canada declared that Canada’s productivity problem is an emergency. And that improving it “needs to be a priority for everyone.” Productivity is the amount of goods and services produced for a given amount of “input”, often measured...
by admin | Jul 3, 2024 | Economic Insights, Insights
Overall, the province’s economic outlook remains firmly positive. While we expected hiring to cool off, businesses continue to report plans to increase staffing to meet growing consumer demand. Some notable findings include: 63% of businesses report improvements in...
by admin | Jul 2, 2024 | Economic Insights, Insights
Inflation may be cooling (barring last month’s surprise uptick) but less inflation just means prices are going up at a slower rate. The price of milk is now 20% more expensive than it was just five years ago and is unlikely to get any cheaper. But...
by admin | Jun 24, 2024 | Economic Insights, Insights
It’s no secret that owning a home has grown out of reach for many. In a recent report that looks at housing affordability across the globe, 4 of the 6 Canadian cities examined were labeled as either “severely unaffordable” or “impossibly unaffordable.” The...
by admin | Jun 17, 2024 | Economic Insights, Insights
The labour market is an important sign of the health of Canada’s economy. Recently, it has been described as cooling off, as the unemployment rate increased slightly in May. But, because most experts see this as a good sign, giving the Bank of Canada permission to...
