Food prices in Canada could increase by four to six per cent next year, largely driven by pricier meat products, according to a forecast by researchers at Dalhousie University. Beef in particular is expected to get more expensive, potentially rising seven per cent, as cattle sizes shrink (those markets are susceptible to tariffs) and more ranchers leave the industry, said...
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,084 respondents in Canada. This report is based on the four waves of tracking ending November 28th, 2025. The margin of error for a random survey of 1,084 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
Canada's economy posted surprisingly strong growth in the third quarter, but economists looking underneath the hood offered a series of caveats that suggest weaker results than the headline figures imply. Statistics Canada said Friday that real gross domestic product rose 2.6 per cent on an annualized basis in the third quarter of 2025, marking a rebound from a contraction of...
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,053 respondents in Canada. This report is based on the four waves of tracking ending November 21st, 2025. The margin of error for a random survey of 1,053 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
Over the past few months, a single question has loomed over the economic landscape: Is Canada slipping into a recession? As the trade war bit deeper over the summer, the economy stalled. The unemployment rate climbed and economic growth repeatedly dipped into negative territory.
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,060 respondents in Canada. This report is based on the four waves of tracking ending November 14th, 2025. The margin of error for a random survey of 1,060 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
Cheaper prices at the gas pumps and grocery store helped bring down inflation in October, Statistics Canada said Monday. The annual rate of inflation cooled to 2.2 per cent in October – a tick higher than economists’ expectations but down from 2.4 per cent in September. Gas prices fell 4.8 per cent on a monthly basis in October as retailers...
The Swedish manufacturer of the Gripen fighter jet, SAAB, says 10,000 manufacturing and research jobs could land in Canada if Ottawa adds the aircraft to its military fleet. SAAB President and CEO Micael Johansson confirmed to CTV News during an interview at the company’s headquarters in Stockholm that he has talked to Ottawa about making Gripens on Canadian soil. He...
Canadian consumer confidence continues to trend downward into negative territory with negative sentiments not hitting levels seen since this past May. Positive sentiment on the value of real estate is noticeably down in the past four weeks.
Statistics Canada says the economy added 67,000 jobs in October, blowing past economists’ labour market expectations for a second month in a row. Those job gains were concentrated in part-time work while the private sector saw employment grow for the first time since June.
1 in 5 Canadians say they have skipped paying a bill to afford groceries in the past year. One in ten each rarely (nine percent) or sometimes (eight percent) skipped a bill to afford groceries while about five percent say they often skipped bills to afford groceries. Canadians aged 18 to 34 and 35 to 54 (18% each) are more...
As Mark Carney’s government prepares to release its first budget today, Canadians remain far more likely to believe the economy will get worse before it gets better. Yet despite this macro pessimism, many hold steady expectations for their own finances, revealing a cautious but resilient public mood. This survey was done in partnership with The Logic.
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,060 respondents in Canada. This report is based on the four waves of tracking ending October 31st, 2025. The margin of error for a random survey of 1,060 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
Interest rates can only do so much. So, pressure now turns to the federal budget. By just about every measure, Canada’s economy is stuck in a ditch. Growth has sputtered. The unemployment rate is rising. In normal times, the remedy is clear. The Bank of Canada cuts interest rates and the federal government boosts spending to help businesses and households...
The Bank of Canada cut its benchmark interest rate by a quarter point today and is signaling it may be satisfied with where the policy rate stands amid ongoing U.S. trade uncertainty.
Canadian consumer confidence continues remains fragile, hovering just below 50 on the 100-point consumer confidence index. Notably, Canadians are nearly four times more likely to believe the economy will be weaker over the next six months than those who believe it will be stronger.
Most economists expect the Bank of Canada will look past strong jobs data and signs of stubbornness on the inflation front to deliver a second consecutive interest rate cut this week. BMO chief economist Doug Porter is among those expecting a second straight cut on Wednesday, but he admits recent economic data hasn't perfectly lined up with that call. "The...
If you want to understand Canada in 2025, don’t look up, look down. Before focusing on ideals like purpose, self-expression or “living your best life,” most Canadians are doing something much more basic: trying to make ends meet and keep their families steady. For the past year at Abacus Data, we’ve described a national mood that moved from scarcity (”Is...
Inflation jumped higher in September, Statistics Canada said Tuesday, thanks largely to annual changes in gas prices and persistent pressure at the grocery store. Annual inflation accelerated to 2.4 per cent last month, the agency said. That’s a jump of half a percentage point from 1.9 per cent in August and a tick higher than economists’ expectations.
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,021 respondents in Canada. This report is based on the four waves of tracking ending October 17th, 2025. The margin of error for a random survey of 1,021 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
Canada's former parliamentary budget officer and the head of the International Monetary Fund are both arguing Ottawa has room to run steeper deficits in the upcoming federal budget, despite concerns raised by the current fiscal watchdog. Kevin Page, now president of the Institute of Fiscal Studies and Democracy at the University of Ottawa, published a piece in Policy Magazine this...
The head of the International Monetary Fund says Canada has the fiscal room to make productivity-boosting investments, and praised the federal government’s proposed changes to budget timing.
Every year, conversations about Canada’s economic future tend to circle around the same themes: innovation, technology, and global competitiveness. But in times defined by uncertainty – from economic instability and rising costs of living to political turbulence and technological disruption – many Canadians are turning to something more familiar as a source of strength: nature. Our latest research reveals a...
Almost two in three Canadians believe the future generation will have a lower standard of living than Canadians have today (64%), which is a slight increase from the previous wave (59%) in May 2025. Canadians aged 18 to 34 (67%) are more likely than Canadians aged 55 and over (58%) to think that the next generation of Canadians will have...
Overall consumer confidence in Canada remains in a neutral posture as uncertainty on the Canada-US trade relationship continues. When asked if the Canadian economy will be stronger or weaker in the next six months only 16 percent are positive in sentiment, which is a five-month low.
Pete Hoekstra, the U.S. ambassador to Canada, had it right when he spoke in Halifax last month: framing Canada’s troubles as a U.S. trade war isn’t a helpful strategy. The current crisis is much bigger, and it’s anchored to our neglected geography as an Arctic nation. Canada’s Arctic coastline is bookended by Alaska and Greenland. Russia sits across the pond...
The labour market added an unexpected 60,000 jobs in September, led by gains in the tariff-struck manufacturing sector. Statistics Canada said the unemployment rate held steady at 7.1 per cent last month. Economists had called for a gain of just 5,000 jobs in September, coming off losses of more than 100,000 positions over the previous two months. StatCan said gains...
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,027 respondents in Canada. This report is based on the four waves of tracking ending October 3rd, 2025. The margin of error for a random survey of 1,027 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,030 respondents in Canada. This report is based on the four waves of tracking ending September 26th, 2025. The margin of error for a random survey of 1,030 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
One of the most important questions today is whether and how much the tariffs will damage the U.S. economy. That question became all the more pressing as U.S. President Donald Trump poured accelerant on the trade war late last week, when he announced a whole new suite of tariffs on trucks, pharmaceuticals and cabinets. The truth is we don't have...
The Canadian economy grew in July but any momentum may have been short lived, Statistics Canada said Friday. Real gross domestic product grew 0.2 per cent in July, marking the first signs of growth in four months. Real GDP declined 1.6 per cent on an annualized basis in the second quarter. The growth in July was a bit faster than...
While most Canadians believe the country’s financial standing is not ideal at this point, there has been a marked increase in positive perceptions over the past five months, a new Research Co. poll has found. In the online survey of a representative national sample, 62% of Canadians say the economic conditions in Canada are “poor” or “very poor” today, down...
Bank of Canada Governor Tiff Macklem offered a subtle endorsement of the government’s plans to spend on infrastructure, saying policymakers in the past have not done enough to boost productivity and real incomes. Article content Output per worker stagnated during the decade Justin Trudeau was prime minister as he prioritized policies to redistribute wealth. Since taking power in March, Mark...
As Canadians grapple with the possibility of an impending economic downturn, the public debate has understandably focused on U.S. tariffs and their devastating impact on the manufacturing sector. Steel, aluminum, copper, automobiles – protecting these and other industries and their mostly male workers from financial distress and unemployment is fundamentally important. And yet, there are other aspects of an economic...
National Bank of Canada’s top executive called on Prime Minister Mark Carney to consider bold tax cuts and deregulation for strategic sectors to boost the country’s productivity and competitiveness. Article content “We need to have lower taxes than the US for businesses,” Chief Executive Officer Laurent Ferreira said at the Canada Fintech Forum in Montreal on Monday evening. The government...
In mid-September, we surveyed over 2,200 Canadians to understand how people are thinking about the federal government’s upcoming fiscal plan. What do they expect to see? Who do they think will benefit? And how do they assess the broader state of federal finances? We asked these questions not because public opinion sets the budget but because managing expectations is as...
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,056 respondents in Canada. This report is based on the four waves of tracking ending September 19th, 2025. The margin of error for a random survey of 1,056 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
We will have a much better sense by the end of this week if Canada is going to dodge a recession. GDP numbers for July will come out on Friday. Statistics Canada will also release a preliminary look at the data for August. We know the economy shrank 1.6 per cent in the second quarter of this year (April, May...
For most Canadians, a home is not merely a physical structure; it is the cornerstone of their lives. It is where they raise their families and build their futures. Homes represent significant financial investments and often form the bedrock of retirement plans. Owning a home is stability, security, and a sense of belonging.
The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday as the central bank worries less about inflation risks and more about a slowing economy. The Bank of Canada’s policy rate now stands at 2.5 per cent, breaking a streak of three consecutive holds since March. Governor Tiff Macklem said the risks have shifted since...
The Bank of Canada is expected to cut interest rates this morning, as a sluggish economy overshadows inflation concerns. While the job market has continued to weaken throughout 2025, young workers have borne a significant share of the unemployment trend. New data from the non-profit Angus Reid Institute finds concern over jobs among young Canadians climbing sharply as the unemployment...
Some stubbornness at the gas pumps pushed the headline inflation rate a couple ticks higher to 1.9 per cent in August, Statistics Canada said Tuesday. Gasoline prices rose 1.4 per cent month-over-month in August as higher refining margins offset lower crude costs, StatCan said. The price of gas was still down 12.7 per cent annually in August – the end...
