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Reopening of the economy sparks restart of the labour market recovery

As economic restrictions across much of Canada began to ease, the labour market responded with solid employment gains concentrated in sectors where the restrictions have been most punishing. Improvements in several high-contact service industries drove growth in part-time employment and provided welcome job growth among young and female workers.

Quick take | 3-min read
July 9, 2021
Focus Area—Canadian Economics

Indigenous Participation in Clean Energy Projects

According to Indigenous Clean Energy, there were over 2,000 Indigenous clean energy projects across Canada in 2019. Almost 200 were medium- to large-sized projects (they produce at least one megawatt). And Indigenous partners are taking on more equity in these projects: On average, Indigenous communities own a 45% share of the projects they’re involved in.

Online experience | 8-min read
July 5, 2021
Focus Area—Indigenous and Northern Communities

Real GDP falls for first time since pandemic began

April saw the first monthly contraction in real GDP since last year’s decline at the outset of the pandemic. Output fell, month-over-month. Statistics Canada expects output to drop in May. We anticipate that many of the hardest-hit sectors will show a bounce back in June, with our latest national forecast calling for growth in real GDP in the second quarter.

Quick take  | 3-min read
June 30, 2021
Focus Area—Canadian Economics

Global recovery likely to drive demand for commodities produced in Canadian territories: Territorial Outlook

There are reasons to be optimistic as the territories emerge into a post-COVID-19 world. As the global economy bounces back over the coming years, so too will demand for commodities produced in Nunavut, the Northwest Territories, and Yukon.

Online experience  | 8-min read
June 28, 2021
Focus Area—Canadian Economics