Entrepreneur News
Canadians concerned about upcoming mortgage renewals: Royal LePage
According to a recent Royal LePage survey conducted by Nanos, 74 per cent of Canadians with a residential mortgage set to...
FOCUS ON SMALL BUSINESS: Small business confidence at its lowest since April 2020: CFIB
The 12-month small business confidence index, which has been on a downward trend in recent months, saw a further...
Canadians’ debt outlook reaches lowest point in 5 years: MNP
From near-zero to the highest interest rates in over two decades, Canadians’ debt outlook has reached the most pessimistic...
Housing completions not keeping pace with population: Fraser Institute
The gap between the number of homes built in Canada and the number of additional people is the widest...
Canadian CEOs wrestle with multiple challenges but remain confident: KPMG CEO Outlook
Canadian CEOs remain confident their companies and the Canadian economy are on the right growth track, but fear inflation,...
Focus on Small Business: Recession narrowly avoided in second half of 2023: CFIB report
The Canadian economy is expected to avoid a recession in Q3-Q4 2023, according to the latest Main Street Quarterly...
Trend in housing starts on the rise: CMHC
The trend in housing starts was higher in September at 254,006 units, up 3.9% from 244,511 units in August,...
Single family home sales drive Canada’s luxury market: Sotheby’s
According to Sotheby’s International Realty Canada’s Top-Tier Real Estate: Fall 2023 State of Luxury Report, luxury single family home sales...
Focus on Small Business: Entrepreneurs having issues hiring/retaining employees: BDC
A report by the Business Development Bank of Canada (BDC), released during Small Business Week, indicates that the number...
Annual inflation rate 3.8% in September: Statistics Canada
The Consumer Price Index (CPI) rose 3.8% in September on a year-over-year basis, down from a 4.0% gain in...
Focus on Small Business: Nearly half as many people launching businesses as 20 years ago: BDC
Despite a population of 40 million, Canada has 100,000 fewer entrepreneurs than it did 20 years ago, according to a BDC study conducted in collaboration with the...
Focus on Small Business: Nearly $3 million in federal funding to support women entrepreneurs
Rechie Valdez, Minister of Small Business, has kicked off Small Business Week 2023 by announcing that the École des entrepreneurs du...
VIDEO PODCAST: Focus on Small Business: How can entrepreneurs survive in these tough times?
Well-known Canadian entrepreneur Arlene Dickinson, who is also a Dragon on CBC’s Dragons’ Den TV show, discusses how entrepreneurs...
VIDEO PODCAST: Focus on Small Business: Hiring challenges for entrepreneurs these days
Cal Jungwirth, Director of Permanent Placement Services with Robert Half, discusses the challenges small business owners are having these...
VIDEO PODCAST: Attracting people and investment to Alberta
Alberta Premier Danielle Smith discusses the Alberta economy and the province’s efforts to attract people and investment. In this...
Canadian home sales ease again in September: CREA
National home sales declined 1.9% month-over-month in September but monthly activity came in 1.9% above September 2022, according to new...
National year-end home price forecast downgraded modestly following sluggish third quarter: Royal LePage
According to the Royal LePage House Price Survey released Thursday, the aggregate price of a home in Canada increased 3.6...
Focus on Small Business: Canadian small business owners optimistic about the future: Scotiabank
Despite the risk of a looming recession, and everchanging inflationary and interest rate pressures, most Canadian business owners are...
Focus on Small Business: Small businesses grapple with financial strain impacting customers: Equifax
Sinead Gleason, Director of Commercial Solutions with Equifax Canada, discusses some ongoing challenges the small business sector continues to...
Focus on Small Business: Only 100 days left until the CEBA forgivable deadline: CFIB
Small businesses that took out a Canada Emergency Business Account (CEBA) loan have only 100 days left to repay...
Employment rose by 64,000 in September: Statistics Canada
Employment rose by 64,000 (+0.3%) in September, following an increase of 40,000 (+0.2%) in August, reported Statistics Canada on...
Housing starts flat in major markets for first half of 2023: CMHC
Housing supply across Canada’s largest cities saw just a 1% growth in the first six months of 2023, compared to the...
Focus on Small Business: Entrepreneurs continue to face serious challenges
Dan Kelly, President and CEO of the Canadian Federation of Independent Business, discusses some of the serious challenges faced...
Slowdown on the horizon for condominium markets in most major Canadian centres: RE/MAX
Recent economic indicators suggesting that Canadian homebuyers could be facing increasingly strong headwinds in the form of further interest...
Second quarter housing affordability gain too small to relieve tensions: RBC
The burden of home ownership costs got slightly lighter in the second quarter in Canada as RBC’s aggregate affordability...
Canadian economy slowing: Statistics Canada
Real gross domestic product (GDP) was essentially unchanged in July, following a 0.2% decline in June. Services-producing industries edged...
Record share of small businesses struggle with borrowing costs, shortage of working capital: CFIB
Over half (51%) of small business owners now say borrowing costs are causing difficulties for their business, according to...
Job vacancies continue to trend downward: Statistics Canada
The number of employees receiving pay and benefits from their employer—measured as “payroll employment” in the Survey of Employment,...
CEBA deadline extension not helpful for small business: CFIB
An overwhelming majority (80%) of small businesses did not find the federal government’s changes to the Canada Emergency Business...
Canadian population grows by more than 1 million in one year: Statistics Canada
Statistics Canada says the country’s population was estimated at 40,097,761 on July 1, 2023, an increase of 1,158,705 people...
More Canadians seeking entrepreneurship as a path to career autonomy & financial security: RBC Poll
A growing number of Canadians are turning to entrepreneurship as a way of fulfilling their financial, career and life...
Retail sales on the rise: Statistics Canada
Retail sales increased 0.3% to $66.1 billion in July. Sales increased in seven of the nine subsectors and were...
Rising number of Canadians taking Employment Insurance: Statistics Canada
The number of Canadians receiving regular Employment Insurance (EI) benefits increased by 25,000 (+6.0%) to 438,000 in July. This was the third consecutive...
CFIB calling for government to reduce overall tax burden
The Canadian Federation of Independent Business (CFIB) says 66% of small businesses want the federal government to focus on...
Open houses remain an effective strategy for attracting homebuyers post-pandemic: Royal LePage
Much has changed in the real estate industry over the past few years, particularly with the advent of the...
Job vacancies on a downward trend: Statistics Canada
Job vacancies decreased by 55,500 (-6.6%) to 780,200 in the second quarter, continuing a steady downward trend seen over the past...
Annual inflation rate rises to 4% in August: Statistics Canada
Canada’s annual inflation rate rose to 4.0% in August, following a 3.3% increase in July, according to a report...
Consumer confidence drops to its lowest point since the start of the pandemic: Conference Board of Canada
According to the Conference Board of Canada, consumer confidence in Canada has fallen to its lowest point since April...
Housing starts flat in August: CMHC
The trend in housing starts was flat in August at 244,507 units, up 0.8% from 242,552 units in July,...
Canadian home sales slow in August but still above last year: CREA
Home sales recorded over Canadian MLS systems posted a 4.1% decline between July and August but the number of...
Deadline extended for repayment of Canada Emergency Business Account loan
Prime Minister Justin Trudeau announced Thursday extended deadlines for Canada Emergency Business Account (CEBA) loan repayments, providing an additional...
VIDEO: High payroll taxes hurting small businesses and employees: CFIB
In this video interview, Christina Santini, Director of National Affairs for the Canadian Federation of Independent Business, discusses the...
Canadian credit card balances reach an all-time high: Equifax Canada
Canadian consumer debt reached $2.4 trillion, non-mortgage debt showed a seasonal rise in the second quarter of 2023, with...
Household net worth rises along with saving rates: Statistics Canada
Household sector net worth—the value of all assets minus all liabilities—rose $256.4 billion or 1.6% to reach $15,970.1 billion...
3.5 million additional housing units by 2030 needed to restore affordability: CMHC
Canada needs about 3.5 million additional housing units by 2030 to restore affordability. according to a report by the...
Canada’s labour market less sensitive to downturns than America’s but often recovers slower: TD Economics
The North American economy is not in recession but the risks are elevated given restrictive monetary policy geared at...
Consumers are spending less, but small businesses can adapt: BDC
Geopolitical tensions, environmental concerns, rising prices and reduced spending power are motivating Canadians to cut back and entrepreneurs can...
Historic economic shift: Unprecedented transfer of wealth and transformation in Canadian family businesses
A significant transformation is on the horizon for Canadian family businesses, signalling an era of change and new thinking....
Ottawa’s new building energy efficiency regulations will add $55,000 to cost of new homes in Canada by 2030
The cost of a newly constructed home in Canada will increase by $55,000, on average, by 2030 as a...
Employers underestimate employee desire to quit: EY survey
A quarter of Canadian employees are likely to quit their job in the next 12 months, with Gen Z...