economy

How Canada may benefit from a broader immigrant settlement distribution

Canada is a country where immigrants have historically settled in three primary locations – Toronto, Vancouver, and Montreal.

By Vimal Sivakumar

Immigration may help Canada lower interest rates

On October 26, the Bank of Canada (BoC) increased the policy interest rate by 50 basis points, up to 3.75%.

By Vimal Sivakumar

Canada set to announce the latest Immigration Levels Plan 2023-2025

Each year Immigration, Refugees and Citizenship Canada (IRCC) releases an Immigration Levels Plan that acts as the guideline for how many immigrants will be allowed to come to Canada each year. It includes the breakdown of immigrants from economic class, family class and humanitarian class programs over the next three years. This year it will […]

By Edana Robitaille

Canadian job vacancies have reached another all-time high

Statistics Canada has released results of the Job Vacancy and Wage Survey report for the second quarter of 2022. Overall, vacancies were up 4.7% from the first quarter of 2022 and 42.3% higher than the second quarter of 2021.

By Edana Robitaille

Looking Ahead to Canada’s Demographics in 2041

The world can change a lot in 20 years, and that reality is no different when we look at Canada in particular. On September 8, Statistics Canada released its projection for Canada’s demographic makeup in the year 2041.

By Vimal Sivakumar

Canadian job vacancies continue climbing to new record heights in June

Statistics Canada recently released its monthly update on payroll employment, earnings and hours, and job vacancies for June 2022.

By Vimal Sivakumar

Study: Immigration to drive Canada’s population increase into 2068

Statistics Canada has released its projections for Canada’s population growth spanning the next 47 years. The report states that by 2068, in a medium growth scenario, Canada’s population could reach up to 57 million people, largely driven by increased immigration. During this period between 2016 and 2021, Canada experienced a boom in population growth and […]

By Edana Robitaille

Canada still has over one million job vacancies

Statistics Canada has released its monthly payroll employment, earnings, hours, and job vacancy report for May 2022. Based on the report, the number of employees in Canada receiving pay or benefits from their employer has decreased for the first time since May 2021.

By Edana Robitaille

Canada’s unemployment rate drops below 5%, the lowest in Canadian history

June’s Labour Force Survey from Statistics Canada shows Canada’s labour market is still tightening, making it difficult for Canadian employers to find workers.

By Shelby Thevenot