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Bank of Canada Survey: Only 6% of Firms Budget for a Recession, but Hiring Remains Weak
The Bank of Canada’s October 2026 business survey found just 6% of firms budgeting for a recession, down from 17%, but hiring intentions remained soft.
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Canada Manufacturing Sales Rise 1.5% While Wholesale Falls: Why Alberta’s August 2026 Numbers Stand Out
Canadian manufacturing sales rose 1.5% to $79.9 billion in August 2026, while wholesale sales fell 1.6% to $91.6 billion. Alberta’s manufacturing sales edged up 0.2%, Edmonton reached $5.33 billion, and Calgary rose 3.3%. Here’s why the figures tell different economic stories.
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Canada Could Tighten Forced-Labour Import Rules: What Bill C-35 Means for Importers
Canada has released consultation results on Bill C-35, a proposed law that could require importers of high-risk goods to prove their supply chains are not linked to forced labour. The bill is not yet in force, but the latest reports show where future compliance requirements could be heading.
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Canada’s Critical Minerals Industry Supports 57,500 Jobs and $26.3 Billion in GDP
Canada’s critical-mineral production contributed $26.3 billion to GDP and supported nearly 57,500 jobs in 2024, according to new Statistics Canada data. Real output grew 8.2%, led by stronger production of platinum-group and priority minerals.
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Canada Lost 68,000 Jobs in September—but Alberta Added 23,000
Canada lost 68,000 jobs in September 2026 and the unemployment rate rose to 6.5%, marking a second straight monthly employment decline. Alberta moved in the opposite direction, adding 23,000 jobs while its unemployment rate fell to 6.4%.
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Canada Is Aging While Immigration Slows: Why the Bank of Canada Says Economic Growth Will Change
Canada’s population growth is slowing as immigration declines and the population ages. The Bank of Canada says the shift could ease some housing demand but also shrink labour-force growth, change consumer spending and slow the economy’s capacity to expand.
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Canada Introduces Bill S-7 to Cut Red Tape: What Could Change for Small Businesses, Farmers and Wireless Devices
Canada has introduced Bill S-7, the Cutting Red Tape for all Canadians Act, proposing changes to 31 federal laws. The bill targets small-business restructuring, farm financing, wireless-device approvals, digital permitting and other regulatory processes—but the changes are proposed, not yet in force.
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Canada’s Trade Surplus Jumped to $4.2 Billion in August—But U.S. Dependence Grew
Canada’s merchandise trade surplus widened to $4.2 billion in August 2026 as exports rose 2.5% and imports fell 2.0%. But the improvement came with an important catch: Canada’s surplus with the United States surged while its deficit with other countries widened.
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Canada GDP Was Flat in July 2026—Construction Rose While Retail and Manufacturing Fell
Canada’s real GDP was essentially unchanged in July 2026, but the flat headline hid major differences across industries. Construction rose 1.3% while retail trade, manufacturing and parts of the energy sector moved lower.
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Canada Recorded a $10.5 Billion Government Surplus in Q2 2026—Why Ottawa Still Ran a Deficit
Canada’s general government recorded a $10.5 billion surplus in the second quarter of 2026, yet the federal government itself posted a $4.1 billion deficit. The difference comes largely from how Statistics Canada includes CPP and QPP social security funds in its government finance accounts.
