canadian economy

OTTAWA — Prices across the country rose at their fastest annual rate in a decade last month, with the promise of similar numbers through to the fall as the national economic reopening from pandemic measures allows consumers to spend more…

Ontario’s overall GDP fell by 5.0 per cent in 2020 compared to 2019, the largest decline in the province since records began in 1981, according to Statistics Canada.The province's GDP decline was shared by both broad industry categories…

A coalition of construction sector associations have allied to urge the federal and provincial governments to deliver on infrastructure investments.The newly formed Building for Recovery coalition includes Associated Equipment…

During the third quarter of 2020, the multi-suite residential and industrial sectors of Canada’s commercial real estate remained resilient despite the economic slowdown resulting from the pandemic.Meanwhile, the office and retail…

NEW CANADIAN MEDIAThe decrease in immigration caused by the pandemic has shaken the landscape of Canadian real estate to the core, states a newly released report by the Royal Bank of Canada.''Whether the changes are permanent or…

TORONTO - The economic recovery from the COVID-19 pandemic will take longer than originally expected, with British Columbia among the provinces best positioned to rebound, the Conference Board of Canada suggests. The Ottawa-based think…

As governments look to stimulus investments in infrastructure as a vehicle for economic recovery, there is an opportunity to support Ontario’s workforce to ensure the building industry can help meet Canada’s climate goals and create jobs,…

The 2020 Canadian Market Intelligence Report by Turner & Townsend reveals a relatively positive economic outlook this year in the country.However, a negative or delayed resolution in the USA-China trade negotiations may hinder…

TORONTO — Canada could see a record-breaking $50-billion worth of investment in commercial real estate this year as economic tailwinds and immigration policies support the booming sector, according to a report by CBRE, but it says the…