Entrepreneur News
Canadian economy essentially unchanged for 3rd straight month: Statistics Canada
Real gross domestic product (GDP) was essentially unchanged for a third consecutive month in October. Services-producing industries edged up...
High rates and prices make it less affordable to own a home in Canada: RBC Economics
Home ownership costs were on the rise again in the third quarter, according to the RBC’s Housing Affordability report....
Number of Canadians receiving Employment Insurance steady: Statistics Canada
The number of Canadians receiving regular Employment Insurance (EI) benefits was little changed in October (+0.7%; +2,900) and stood...
Brace for impact: more federal tax hikes in 2024: Canadian Taxpayers Federation
In this video interview, Franco Terrazzano, Federal Director of the Canadian Taxpayers Federation, discusses some of the tax hikes...
Record-high population growth continues: Statistics Canada
Canada’s population was estimated at 40,528,396 on October 1, 2023, an increase of 430,635 people (+1.1%) from July 1....
Canadian annual inflation rate 3.1% in November: Statistics Canada
The Consumer Price Index (CPI) rose 3.1% on a year-over-year basis in November, matching the 3.1% increase in October. In November,...
Canadian economy expected to perk up over the second half of next year: RBC Economics
Here’s what RBC Economics is forecasting for the Canadian economy next year with a breakdown by province. Hitting tipping...
2025 mortgage renewal wave is large but manageable: RBC Economics
Roughly 40% of the outstanding stock of mortgages will have already renewed at higher interest rates by the end...
Job vacancies decrease for the fifth consecutive quarter: Statistics Canada
Job vacancies fell by 69,900 (-9.0%) to 706,100 in the third quarter, marking the fifth straight quarterly decline from the record...
It’s the end of an era for news—the industry can either adapt or die
In this video interview, Peter Menzies, Senior Fellow with the Macdonald-Laurier Institute, former newspaper executive and past vice chair...
Housing starts trend higher again in November: CMHC
The six-month trend in housing starts was higher in November at 257,777 units, up 0.7% from 255,876 units in...
Canadians to adapt to new reality as housing market returns to near-normal in 2024: Royal LePage report
In this video interview, Phil Soper, President and CEO of Royal LePage, discusses the real estate company’s latest housing...
Canadian home sellers joining buyers on the sidelines: CREA
Home sales recorded over Canadian MLS Systems edged down by 0.9% from October to November 2023. It was the...
CFIB calling on pause of four major tax hikes and extension of CEBA deadline
Friday’s meeting of federal, provincial and territorial finance ministers is an opportunity for Deputy Prime Minister Chrystia Freeland to...
Canada’s debt servicing ratio at record levels in Q3
Household credit market debt as a proportion of household disposable income fell to 181.6% in the third quarter from...
Canadian tourism beats pre-pandemic levels earlier than expected and sees huge potential ahead
Destination Canada’s report Tourism Outlook: Unlocking Opportunities for the Sector, indicates total tourism revenue is set to exceed 2019...
Nearly a third of Canadians plan to cut spending in 2024 over cost of living concerns – BMO survey
A special report from the BMO Real Financial Progress Index reveals nearly a third (30 per cent) of Canadians plan to...
The Canadian Mortgage Reset Puzzle: Uncovering the Spending Behaviour of Mortgage Holders: TD Economics
Internal TD mortgage and credit card data quantifies how much mortgage holders have adjusted their spending in the face...
Women entrepreneurs in Canada face challenges in accessing financing for their business: CFIB
Despite women business owners contributing about $150 billion to the Canadian economy, they continue to face barriers in their entrepreneurial...
Growing share of women among the ranks of self-employed: Statistics Canada
In 2022, women represented 37% of all Canadians who worked independently to operate a business or professional activities or...
39% of holiday shoppers looking to save this year: JLL report
In this video interview, Tim Sanderson, Executive Vice President, Retail, for JLL Canada, discusses the real estate firm’s latest...
Canada adds 25,000 jobs in November but unemployment rate keeps rising: Statistics Canada
Employment was little changed in November (+25,000; +0.1%) and the employment rate fell 0.1 percentage points to 61.8%, as...
VIDEO: Lenders signaling optimism in real estate: CBRE
In this video interview, Carmin Di Fiore, Executive Vice President of CBRE’s Debt and Structured Finance team, discusses the...
Small business confidence continues downward slide in November: CFIB report
Small business confidence kept diving in November, with the Canadian Federation of Independent Business (CFIB)’s Business Barometer® 12-month outlook index...
Canadian GDP declines in Q3: Statistics Canada report
Real gross domestic product (GDP) declined 0.3% in the third quarter, following a 0.3% increase in the second quarter....
House prices in Canada’s popular ski regions set to rise a modest 2.9% over the coming year: Royal LePage
Royal LePage predicts continued stability in Canada’s winter recreational real estate market as interest rates are expected to hold or moderate....
Undeterred by affordability challenges, consumer confidence in home ownership as an investment remains steady: RE/MAX
RE/MAX Canada expects average residential prices to rise by 0.5 per cent in 2024, according to a new report released...
388 new mines must be built by 2030 to satisfy electric vehicle mandates: Fraser Institute
To meet international government mandates for electric vehicles (EV), a total of 388 new mines must be built to...
A reset for real estate and a deepening affordability crisis dominate trends in real estate: PwC
PwC Canada and ULI’s Emerging Trends in Real Estate (ETRE) report says a marked deepening of recent trends such...
Encouraging news for retailers: Statistics Canada report
On Black Friday, Statistics Canada had some encouraging news for retailers in the country. The federal agency reported that...
Climate change concerns are disrupting Canadians’ consumption habits: EY
In this video interview, Elliot Morris, Grocery and Consumer Packaged Goods Leader with EY Canada, discusses a new survey...
Canadian organizations face barriers to digital adoption and transformation: Deloitte Canada report
In this video interview, Jaimie Boyd, National Digital Government Leader for Deloitte Canada, discusses a new report highlighting the...
Annual inflation rate rises to 3.1% in October but pace down from September: Statistics Canada
In October, the Consumer Price Index (CPI) rose 3.1% on a year-over-year basis, down from a 3.8% gain in September. The...
Small Business Saturday a good reminder to shop local this holiday season: CFIB
The big annual shopping events are coming up this weekend—Black Friday, Small Business Saturday and Cyber Monday—but a majority...
Food insecurity increasing among Canadians: Statistics Canada
According to data from the Canadian Income Survey, the proportion of families who were food insecure in the 12...
Housing starts continue to trend higher in October: CMHC
The trend in housing starts was higher in October at 256,280 units, up 1% from 253,957 units in September,...
Small businesses increasingly depend on credit cards: Intuit QuickBooks report
In this video interview, Simon Worsfold, Head of Data Communications, for Intuit QuickBooks, discusses a new report that indicates...
Canadian home sales see downward trend continue in October: CREA
Home sales recorded over Canadian MLS Systems posted a 5.6% decline between September and October 2023. The sizable decline...
Calls intensify for an extension of CEBA repayment as deadline approaches
Small businesses that took out a Canada Emergency Business Account (CEBA) loan have just over 60 days to repay...
Canadian small- and medium-sized businesses lack confidence in their ability to reduce greenhouse gas emissions: KPMG Poll
Although the vast majority (78 per cent) of small- and medium-sized businesses (SMBs) have established policies or initiatives to...
FOCUS ON SMALL BUSINESS VIDEO: Small business opposition to federal carbon tax grows significantly: CFIB
In this video interview, Dan Kelly, President of the Canadian Federation of Independent Business, discusses the growing opposition to...
Canadian economy grew by 3.8% in 2022: Statistics Canada
Canada’s real gross domestic product (GDP) grew 3.8% in 2022, following a 5.3% increase in 2021. Growth in real GDP was driven by household...
Canada’s dangerous slide in business investment: C.D. Howe Institute
Weak business investment in Canada poses a profound threat to Canadian living standards and competitiveness, says a new report...
Housing supply outlook dim as builders continue to feel the effects of interest rate hikes
The 2023 Q3 Housing Marketing Index (HMI), released by the Canadian Home Builders’ Association (CHBA), says the outlook is dim...
Canadian unemployment rate experiences 4th increase in 6 months: Statistics Canada
Statistics Canada reported Friday that the nation’s unemployment rate rose 0.2 percentage points to 5.7% in October, marking the...
Canada’s economy continues its slowdown: Conference Board of Canada
Canada’s economy has entered a slow glide phase. With no serious external shocks to the upside or the down,...
Canadian economy unchanged for 2nd consecutive month: Statistics Canada
Real gross domestic product (GDP) was essentially unchanged for a second consecutive month in August as factors such as...
Financial stress levels remain high for Canadians: Financial Resilience Institute
A new report, by the Financial Resilience Institute, indicates that only 24% of Canadians are financially resilient. 76% have...
FOCUS ON SMALL BUSINESS: Nearly nine in 10 small- and medium-sized businesses feel they are in a better position now than a year ago: KPMG
Most Canadian small- and medium-sized businesses have adjusted their business strategies over the past year in anticipation of a...
Big challenges for small businesses: CFIB
In this video interview, Corinne Pohlmann, Executive Vice-President of Advocacy of the Canadian Federation of Independent Business, discusses the...