Insights

Labour markets have been far more resilient than expected in early 2023. Still, while traditional ‘headline’ measures of labour markets are firm, signs of vulnerability are emerging under the surface.

A lower Canadian dollar, especially against the greenback, has sparked fears that import prices will rise—lighting up inflation just as it’s finally settling down. But these currency fluctuations matter less to prices than they once did.

By 2033, 40% of Canadian farm operators will retire, placing agriculture on the cusp of one of the biggest labour and leadership transitions in the country’s history.