The Globe and Mail: Canadian business insolvencies at their highest level since 2014
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The Globe and Mail: Cities’ downtown cores are hollowing out, but small towns and suburbs tell a different story
The downtowns of most major Canadian cities are still facing a substantial dip in foot traffic compared with prepandemic norms – but the opposite is true of smaller towns and suburbs within commutable distance of those cities, a new study shows.
The Star: Canada lost 17,000 jobs in May, bringing interest rate hike into question
We shouldn’t overreact to one month of data, but it’s now clear that momentum in Canada’s labour market has faded since January’s blockbuster hiring binge. Will today’s release mark a turning point, when the strong-and-long run for Canada’s labour market finally came to an end?”
The Globe and Mail: Employers increasing salaries as talent shortage and inflation persist
Employers across the country are increasing wages and projecting future salary bumps into their budgets amid inflationary pressure and a continuing talent shortage that shows little sign of easing in the near future.