Labour Market
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As inflation cools, higher wages could stand in the way of reaching 2% goalStatistics Canada's consumer price index report set to be released Tuesday is expected to show inflation slowed once again in April.CanadaMay 12
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Quebec’s minimum wage set to go up to $15.25 beginning MondayThe increase from the current $14.25 wage is the largest percentage increase in the province's minimum salary since 1995.CanadaApr 30
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‘I don’t take days off’: Small business owners face brutal hours in talent crunchCanadian small business owners faced with a persistent labour shortage are working an average of 59 hours per week, a recent report finds.CanadaApr 27
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Layoffs, boomers, interest rates: Why Canada’s jobs market shows ‘no signs of slowing’The 150,000 new jobs recorded in January was 10 times more than expected, one economist noted.EconomyFeb 14
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U.S. inflation eased again in January, but some price pressures remain stubbornly highThe pace of U.S. consumer price increases eased again in January, but some pressures remain stubborn and are could keep inflation higher for longer.U.S. NewsFeb 14
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Freeland meets provincial and territorial finance ministers in TorontoThe meeting comes at a tense time for many Canadian consumers, with inflation still running hot and interest rates much higher than they were a year ago.CanadaFeb 3
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Immigration alone won’t help companies that are ‘starved’ for workers, experts sayWith the unemployment rate at historic lows, many companies are "starved" for workers, and new immigrants will help fill some of the need, one expert said.EconomyFeb 1
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Montreal ‘smart factory’ aims to show potential of warehouse automationDeloitte Canada's new demonstration facility in Montreal is meant to help warehouse operators adapt to labour shortages and supply chain disruptions.TechJan 26
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As Bank of Canada pauses rate hikes, economists keeping close eye on labour marketOn Wednesday, the central bank raised its key interest rate for the eighth consecutive time and said it was taking a conditional pause.EconomyJan 26
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COVID, remote work resulted in fewer Canadians commuting last year: StatCanStatistics Canada says the pandemic altered commuting patterns for workers with fewer people driving, taking transit or walking and bicycling in 2021 than in 2016.CanadaNov 30, 2022
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