The labor market in Canada is roaring back to life after the government has lifted lockdowns. The country’s economic resilience to the second wave of the global pandemic is shining through. According to Statistics Canada, close to 260,000 jobs were added in February 2021, far ahead of the predictions for a 75,000 increase. February was […]
When people from 190 countries were asked what country they would be willing to relocate to for a job, Canada was the top choice. The response to the global pandemic by the Canadian government helped edge the country past the US on the report. Australia, ranked very closely behind the US, also did a better […]
Canada has been ranked as the most desirable destination for overseas workers, passing the United States. The poll surveyed 209,000 people in 190 countries, asking if and where respondents would relocate to for work. The report said the US was hurt by an inconsistent pandemic response, social unrest, and the adoption of more nationalistic policies. […]
The Canadian unemployment rate dropped to 5.4 percent in May, compared with 5.7 percent in the previous month. There were an additional 27,700 full-time jobs added to the economy. The average the economists in Canada expected was far below the actual figures. According to Thomson Reuters Eikon, the prediction for May was an addition of […]
The Canadian provincial capital of Victoria, British Columbia, has been named the city with the most desirable “luxury real estate.”
Canada added over 30,000 new jobs in March 2018, according to Statistics Canada, which reported that over half were in the construction field.
At the end of 2017, consumer confidence in Canada was at record levels due to strong housing markets, booming job markets, and an end-of-the-year hike in commodity prices.
According to Statistics Canada’s latest report, the unemployment rate in Quebec dropped by 1.2% in July 2017 to 5.8%, which is the lowest since 1976. In addition (also in July), Montreal’s jobless rate reached its lowest in over a decade. According to Stefane Marion, chief economist at the National Bank, “That compares to 44,000 in […]
You may be surprised to learn that the middle class in Canada is growing smaller. However, this is good news because more Canadians are joining the wealthy class.
The Economist Intelligence Unit (EIU) ranked Vancouver, Toronto and Calgary among the top five “most livable cities” in the world in August 2016 out of the 140 cities it evaluated around the globe.