Economy to grow in 2021, if there isn’t another national shutdown
Outlook is at the optimistic range of the Bank of Canada’s most recent estimates.
Business leaders’ confidence sours on Canadian economy: survey
Conference Board of Canada confidence index falls to lowest level in six quarters.
Tide turns for Canada’s oil industry, but pipeline issues a constraint
Ability to expand export markets beyond North America key to competitiveness.
NAFTA energy clause draws Canadian criticism
Business groups on both sides of the political spectrum say the “proportionality clause” is outdated and gives the US too much control over Canadian energy production.
Opportunity knocks for Canadian-made climate-friendly goods
Canada leads in cleantech academic research, but has struggled with turning that research into market-ready technologies.
Rewards and recognition programs don’t match Millennial workforce realities
Organizations are placing too much emphasis on long-service recognition.
SMEs aren’t ready to take advantage of CETA: CME
Association estimates just 40,000 of Canada’s one million SMEs are exporters.
Canada’s best prospects for trade with China go beyond natural resources
The value of Canadian exports to China has grown at a double-digit pace from 2006 to 2015.
Fort McMurray wildfire recovery to spur $5.3B in spending
Ramp-up in reconstruction is expected to create about 9,000 jobs next year.
Another year of modest salary gains ahead amid slow economic growth
Lowest increases (1.1%) going to oil and gas workers in Alberta.
LNG still an opportunity for extraction industry despite lower prices
Long term expansion is expected, but developing opportunities will require investment.
Food manufacturing industry to see record profits in 2016
Rising demand from developing countries is boosting the industry’s exports.
Oil industry losses to stretch into third year: Conference Board
Forecast suggests oil extraction sector will be hit by a $10 billion loss this year.
‘Hardest part is behind’ territorial economies: conference board
Economic growth is expected to average 1.8% in the three territories between 2016 and 2020.
Conference Board index signals stronger economy ahead for Canada
Oil price recovery, stock market gains, and growing consumer confidence fuelling economic momentum.