The Conference Board of Canada released its latest forecast of provincial economic activity and finds a broad-based recovery taking place aided by the rollout of COVID-19 vaccines and a rebound in energy, tourism, and exports. The Conference Board expects every province to record a sharp rebound in real gross domestic product growth this year as the rollout of … Read more
The Conference Board of Canada economist Liam Daly offers the following insights on the latest GDP data: “Real GDP posted a 2.3 per cent gain in the fourth quarter of last year, leaving overall economic activity down 5.4 per cent in 2020—by far Canada’s steepest recession in modern times. While the economy recovered over the second … Read more
The Conference Board of Canada’s February Index of Consumer Confidence inched up 0.4 points to 91.1 but remains 25 per cent below its pre-pandemic level. “Consumer confidence remains precarious throughout the country,” said Anna Feng, economist with The Conference Board of Canada’s Economic Forecasting group. “The distribution of vaccines has given people reason for hope, but we’re not … Read more
The Conference Board of Canada released four pieces of research: Index of Business Confidence; Labour Relations Outlook 2021; Manitoba’s Agri-Food Sector; Travel Market Outlook. Call 613-526-3090 ext. 224.
New research from the Conference Board of Canada has found the economic crisis caused by the COVID-19 pandemic will have a lasting impact on Canada’s economic performance and government revenues. “Policy-makers must start planning now for the longer-term fallout from the pandemic,” said Pedro Antunes, Chief Economist at the Conference Board. “That means first stabilizing and then … Read more
Conference Board of Canada’s economist Liam Daly issued a statement: “January’s labour force survey is a mixed bag. It contains some sobering numbers but also signs for cautious optimism. The decline in employment was almost entirely due to the closures in Ontario and Quebec, as other provinces labour markets fared well. Going forward, we expect the labour market’s … Read more
In its latest Provincial Economic Outlook, The Conference Board of Canada forecasts that localized closures and a retrenchment in household spending and business activity will hold back the pace of economic recovery into mid-2021. For most Canadian provinces, economic activity is not expected to return to pre-COVID-19 levels until the second half of 2021. However, the … Read more
The Conference Board of Canada, in partnership with the Future Skills Centre, has released a new resource for users to measure social and emotional skills in adolescents and adults. “Being able to measure and analyze social and emotional skills is important for any organization,” says Maria Giammarco, a Senior Research Associate at The Conference Board of Canada. “These … Read more
The Covid-19 pandemic has led Canadian businesses to source more inputs from domestic suppliers, a shift that could permanently change how supply chains are managed in this country, new research from The Conference Board of Canada has found. Responding to the Global Commerce Centre’s latest trade survey, many Canadian organizations said they shifted their supply chains more … Read more
Research from The Conference Board of Canada has found that curriculum reform can contribute to better academic outcomes for Indigenous students in science, technology, engineering, and mathematics. Indigenous populations remain underrepresented in well-paying, skills-based STEM jobs. This is problematic as studies show that there is tremendous demand for jobs in STEM areas, and that demand … Read more
