April Showers Didn’t Dampen the Labour Market

Canadian Economics    May 10, 2024

In a weaker business environment, hiring across the economy has slowed. April was an exception to generally softer labour demand, but the fundamentals so far in 2024 remain on the weaker side. Rising labour supply and falling demand is reducing tightness in the labour market. Lower competition for workers is gradually weighing on wage growth, which we expect to decelerate further over the coming months.

Quick take  •  3-min read
Jake Lenarduzzi, Liam Daly

Trade Balance Swings to Deficit

Canadian Economics    May 2, 2024

Canada’s merchandise trade balance swings back into deficit in March as weaker export performance erases the gains made in February. Total imports also fell, reflecting weakened demand conditions domestically.

Quick take  •  3-min read
Ted Mallett

AI on the Horizon: April 30, 2024 Update

Innovation & Technology    April 30, 2024

This short update delves into the evolving landscape of artificial intelligence, highlighting LLM advances and regulatory changes. We also explore significant AI advanced and the debate about AI’s impact on labour.

Quick take  •  3-min read
Dan Carpenter

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