Economic recovery from Covid-19 has slowed down, with ongoing geopolitical tensions and inflation triggering aggressive moves by banks
Category: Economy
Posted inProfessional
Canada unemployment rate holds steady at 5.8% in December
Last month, some 1.2 million Canadians were unemployed, up 19 per cent compared to the year before
Posted inProfessional
Why Canadian firms are plagued by low productivity
Remote work, ‘productivity theatre,’ small company size and low technology adoption are some of the factors undermining firm productivity
Posted inPolitics & Policy
How can Canada reverse its slowing productivity?
Without R&D investment — and the innovation it produces — Canada remains stuck with outdated and inefficient processes, experts say
Posted inEconomy
Canadian maple syrup production plummeted in 2023
‘We’re at the mercy of the weather and climate change is bringing more and more uncertainty:’ spokesman for Quebec Maple Syrup Producers
Posted inFamily
Housing crisis, immigration makes co-living popular
One-third of young Canadians now live with their parents. But not because of a failure to launch. Societal trends are making co-living popular
Posted inConsumer
Record passengers as airline industry recovers from pandemic
‘People love to travel and that has helped airlines come roaring back to pre-pandemic levels:’ transport association’s director general
Posted inConsumer
Canada maintains key interest rate at 5%
The Bank of Canada has left the door open to fresh rate hikes, saying it was ‘still concerned about risks’ to the outlook for prices
Posted inEnergy & Environment
‘Climate conscious’ banks lend more to polluters: ECB
Eurozone banks that portray themselves as more conscious about environmental issues lend more than others to polluting industries
Posted inProfessional
Canada unemployment rate rises to 5.8% in November
Unemployment has affected all age groups, but was more pronounced among younger workers aged 15 to 24