Entrepreneur News
Canada’s housing market outlook: A tale of two halves in 2024
Interest rates will continue to dictate the outcome of Canada’s housing market in 2024 with the first and second...
Government of Canada takes Triple Crown for most absurd regulations: CFIB’s 2024 Paper Weight Awards
The Canada Border Services Agency (CBSA) has won the Canadian Federation of Independent Business (CFIB)’s 2024 Paper Weight Award...
Canadian CEOs economic outlook more pessimistic than global peers: PwC CEO survey
Canadian CEOs are significantly more pessimistic than their global counterparts, according to PwC’s 27th Annual Global CEO Survey released...
Canada’s housing shortage is worsened by unnecessary paperwork: CFIB
Municipal governments can help address the shortage of housing in Canada by simplifying their permitting processes, said the Canadian...
Small business price plans continue downward trend: CFIB
Small businesses expect to increase prices by an average of 2.8% over the next 12 months, according to the...
Work from home trend reducing urban public transit commuters: Statistics Canada
The increase in work from home triggered by the COVID-19 pandemic has reduced the number of urban public transit...
Business Link launches pilot mentor program for small business owners in Alberta
In this video interview, Paul Cataford, Executive Director, Business Link, discusses the new pilot Mentor Program which aims to...
Canadian economy expected to remain sluggish in Q1 2024: CFIB forecasts
The Canadian economy is expected to display sluggish growth in Q1 2024, after having been more or less stuck...
Business leaders expect economic headwinds to continue: TEC Canada
After a tough 2023, a majority of 417 CEOs of Canada’s small and medium-sized companies don’t expect much respite this...
The trend in ‘loud budgeting’
In this video interview, Emily Gardner, Vice President, Consumer Products, Spring Financial, discusses the trend in ‘loud budgeting.” Less...
What it takes to be an entrepreneur today: Vince Guzzo
In this video interview, well-known Canadian entrepreneur Vince Guzzo, who is also a dragon on the popular CBC television...
Housing starts down 7% in 2023 from 2022: CMHC
Housing starts in Canada in 2023 were down 7% in centres of 10,000 population and over, with 223,513 units...
Annual inflation rate continues to rise: Statistics Canada
The Consumer Price Index (CPI) rose 3.4% on a year-over-year basis in December, following a 3.1% increase in November. While gasoline...
National home prices close out 2023 above prior year, despite continued slowdown in market activity: Royal LePage
In this video interview, Phil Soper, President and CEO of Royal LePage, discusses the current housing market in Canada...
National home sales see unexpected surge to close out 2023: CREA
Home sales activity recorded over Canadian MLS Systems rose 8.7% between November and December 2023, putting it on par with...
Restaurants Canada demands extension to CEBA loan repayment deadline
In this video interview, Mark von Schellwitz, VP Western, Restaurants Canada, discusses how many restaurants in Canada are on...
Upcoming gain in home sales forecast: TD Economics
Preliminary December data from local real estate boards suggests some better than anticipated momentum in housing at the end...
The struggle for success: a look at the barriers faced by newcomers
In this video interview, Alicia Planincic, Economist & Manager of Policy, Business Council of Alberta, discusses a new report...
REITs poised for takeoff in 2024: Hazelview
According to Hazelview Investments’ 2024 Global Public Real Estate Outlook Report, after two years of challenging conditions, share prices...
Weak oil and gas market forecast in 2024, but opportunities will persist: Deloitte Canada
Continuing cuts in crude oil supply by OPEC+ countries coupled with record-high production in the United States and expectations of...
Regulatory environment hurting Canada in petroleum investment: Fraser Institute
Wyoming, for a second year in a row, is considered far more attractive for investment than several Canadian provinces...
Canadian oil pipeline companies see hike in revenue: Statistics Canada
The Canadian energy sector saw an increase in demand for energy products in 2022. The war in Ukraine contributed to...
Tourism spending on the rise in Canada: Statistics Canada
Tourism spending in Canada grew 0.5% in the third quarter, following a 1.1% increase in the second quarter. Growth...
The Provincial Divide in Canada’s Job Market: TD Economics
A provincial divide has opened in Canada’s job market. While job vacancies remain elevated in the Prairies and Atlantic...
Employment rate trending down: Statistics Canada
Employment was virtually unchanged (+0.0%) in December, and the unemployment rate held steady at 5.8%, according to a report...
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...
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...
Pilot program launched for declining entrepreneurs’ mental health: BDC
A new pilot program has been launched by the Business Development Bank of Canada (BDC), the country’s bank for...