Canadian Immigration Summit 2024
Don’t miss out. Last chance to secure the early bird rate for the summit that brings together thought leaders and newcomers to strengthen Canada’s immigration system.
Ottawa • November 20–21, 2024
Empowering Futures: Supporting Black Talent in the Canadian Labour Market
The Black population in Canada is expected to exceed 3 million by 2041. Despite growing awareness of the root causes of inequities faced by Black communities, we don’t yet have interventions at scale in the skills ecosystem. In this episode, our guests describe the importance of culturally relevant, targeted programing for supporting Black communities in Canada to thrive in education and employment.
Southern Exposure: Provincial Outlook
With inflation largely contained and entering the upper range of the Bank of Canada’s 1- to 3-per-cent target range, the Canadian economy is entering a new phase of the business cycle. The Bank of Canada was a first mover on interest rates in June, reducing the policy rate a quarter point to 4.75 per cent, which was followed by another 25-basis-point cut in late July.
Featured Insights
August CPI Growth Decelerated to Slowest Pace since February 2021
Canadian Economics September 17, 2024
The growth of Canada’s CPI reached 2.0 per cent year-over-year in August, hitting the Bank of Canada’s target. The milestone highlights the progress made in bringing the pace of price growth down after it peaked at 8.1 per cent (y/y) in June 2022. Lower gasoline prices were the primary driver of the deceleration in August.
Quick take • 2-min read
Kiefer Van Mulligen
Petroleum and Coal Shipments Stoked Manufacturing Sales in July
Canadian Economics September 16, 2024
Manufacturing sales rebounded partially in July after a notable decline in June. Sales of chemical, petroleum and coal products contributed the most to overall growth. The expansion of petroleum and coal sales helped Saskatchewan’s manufacturing sales growth to top the chart in July. Sales of non-durable goods (+2.7 per cent) were far stronger than sales of durable goods (+0.1 per cent).
Quick take • 2-min read
Kiefer Van Mulligen
Unemployment Rate Slides Up Again in August
Canadian Economics September 6, 2024
In August, for the fourth consecutive month, employment in Canada was little changed. Another rise in the unemployment rate was recorded, bringing the rate to 6.6 per cent. Job growth remains in a rut amid subdued hiring, particularly across the private sector.
Quick take • 2-min read
Liam Daly
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