The Conference Board of Canada published “Recovery of consumer confidence hindered by the third wave of COVID-19” in which author Anna Feng notes that Canada’s Index of Consumer Confidence fell 6.8 points in April to 98.4 (2014 = 100), the first drop in the past six months. “As COVID-19 cases have soared recently, several regions across Canada … Read more
The Conference Board of Canada released its latest economic outlook for major metropolitan areas across Canada.An overview is available online. Call 1-866-242-0075.
The Conference Board of Canada has released new research outlining the conditions necessary for successful investments in microgrid renewable energy sources in rural, remote, and northern Canada. The research showed that, with the right conditions in place, microgrid investments have the potential to remove carbon dioxide emissions from the atmosphere, reduce reliance on diesel fuel, … Read more
Conference Board of Canada economist Sasan Fouladirad issued a statement: “Despite a stronger than expected economic performance in the first quarter of 2021, the Bank of Canada held its policy interest rate steady and announced that its weekly net purchases of Government of Canada bonds will be reduced to a target of $3 billion. CPI inflation … Read more
The Conference Board of Canada and the Future Skills Centre have launched OpportuNext, a free online tool to help job placement professionals, job seekers and employers quickly and easily explore viable career transition pathways. “In an ever-changing labour market that has been particularly disrupted by the COVID-19 pandemic, it is difficult for some Canadians to know where to … Read more
The Conference Board of Canada has released its latest two-year outlook for the Canadian economy. “The rollout of vaccines, which got off to a sluggish start, has ramped up recently, and most Canadians should be fully vaccinated by this autumn,” says Pedro Antunes, Chief Economist at The Conference Board of Canada. “This will lead to … Read more
The Conference Board of Canada’s Index of Consumer Confidence rose 14.1 points to 105.2 in March, its largest monthly increase since last June. The index now sits at 87 per cent of its pre-pandemic level. “As we head into spring, consumer confidence in Canada is on the rebound,” said Anna Feng, economist with The Conference Board of … Read more
The Conference Board of Canada’s economist Kiefer Van Mulligen issued a statement: “Today’s Statistics Canada release showed that retail sales fell 1.1 per cent in January, following a 3.7 per cent decline in December. This drop was almost entirely due to lower retail activity in Ontario and Quebec. In both provinces, January brought curfews, stay-at-home orders, … Read more
The Conference Board of Canada economist Anna Feng issued a statement on the latest Consumer Price Index: “February’s inflation was up 1.1 per cent from its year-ago level, thanks to the rapid growth in gasoline and housing prices. As the economy gradually opens and consumer demand rebounds, consumer prices are likely to exceed their year-ago level in the coming months, … Read more
Research from The Conference Board of Canada, in partnership with the Future Skills Centre, has found that employers and employees need a high degree of flexibility in today’s rapidly changing labour market. “The COVID-19 pandemic has disrupted the labour market in Canada and forced an unprecedented number of people to seek new employment opportunities,” says Michael Burt, Vice … Read more
