Statistics Canada issued data on wages in Canada, 1981 to 2024. Many developments have shaped the Canadian labour market over the last four decades. Many of these changes potentially affected the Canadian wage structure during that period, including the decline in manufacturing; the advent of computer-based technologies, automation and artificial intelligence (AI); and the substantial growth … Read more
Statistics Canada posted the Labour Force Survey, May 2025. Employment was little changed in May (+8,800; +0.0 per cent) and the employment rate held steady at 60.8 per cent. The unemployment rate rose 0.1 percentage points to 7.0 per cent .The full release is available online. Statistics Canada issued data on passenger bus and urban transit, 2023. … Read more
Statistics Canada posted data on Canadian international merchandise trade, April 2025. In April, Canada’s merchandise exports dropped 10.8 per cent, while imports fell 3.5 per cent. As a result, Canada’s merchandise trade deficit with the world widened from $2.3 billion in March to $7.1 billion in April. This was the largest deficit on record. The full … Read more
Statistics Canada posted data on labour productivity, hourly compensation and unit labour cost, first quarter 2025. Labour productivity of Canadian businesses grew 0.2 per cent in the first quarter of 2025, a marked slowdown compared to the 1.2 per cent growth observed in the fourth quarter of 2024. This also represents a second consecutive quarterly … Read more
Statistics Canada posted data on the Natural Resources Satellite Account: Human Resource Module, 2023. In 2023, the natural resources sector generated over 656,000 paid jobs, representing 3.4 per cent of all employee jobs in the country. Most of the employee jobs in the natural resources sector were in Alberta (28.1 per cent), followed by Ontario … Read more
Statistics Canada posted the Provincial and Territorial Cultural Indicators, 2023. The culture and sport sectors in Canada registered their third consecutive year of increased economic activity in 2023. The full release is available online. Statistics Canada issued energy statistics, March 2025. Primary energy production increased 6.2 per cent year over year to 2.1 million terajoules in March, with five of … Read more
Statistics Canada posted data on the gross domestic product, income and expenditure, first quarter 2025. Real gross domestic product increased 0.5 per cent in the first quarter, the same pace as in the fourth quarter of 2024. Exports of goods drove the growth in the first quarter of 2025, followed by accumulations of business non-farm … Read more
Statistics Canada posted data on Canada’s balance of international payments, first quarter 2025. Canada’s current account deficit (on a seasonally adjusted basis) narrowed by $1.4 billion in the first quarter to reach $2.1 billion. In the financial account (unadjusted for seasonal variation), inflows of funds from abroad to finance the current account deficit in the first quarter … Read more
Statistics Canada issued data on farm income, 2024 (preliminary). Realized net income for Canadian farmers fell by $3.3 billion (-25.9 per cent) to $9.4 billion in 2024. This was the largest percentage decrease in realized net income since 2018. Excluding cannabis, realized net income was down 23.0 per cent to $9.7 billion. The full release is available … Read more
Statistics Canada posted results from its Canadian Survey on Business Conditions, second quarter 2025. Cost- and labour-related challenges continue to be the top obstacles anticipated by businesses in the second quarter, with the proportion of businesses expecting to face cost-related obstacles remaining consistent with the first quarter. Meanwhile, the outlook of businesses has worsened, with … Read more
