Canada’s inflation rate hit 5.7% year over year in February, up from 5.1% in January, as price increases continued to broaden across categories. … READ MORE >
Canada
Canada’s job market is strong but uncertainty lies ahead
The Canadian economy added 337,000 jobs in February as the reopening of the economy more than offset the job losses in January because of the omicron variant. … READ MORE >
The impact of an energy shock on Canada’s economy
Although high oil and gas prices had been good news for the Canadian economy over the past few decades, this time is different. … READ MORE >
Bank of Canada raises rates in response to inflation
The Bank of Canada announced on Wednesday that it would raise its overnight rate to 0.5%, 25 basis points from the lower bound policy rate of 0.25%, to tackle inflation. … READ MORE >
Canada’s growth picked up at end of last year as economy reopened
The Canadian economy ended last year on a strong note, expanding by 4.6% in 2021 on an annual basis thanks to a reopening economy. … READ MORE >
Canada’s supply chain worsens amid omicron’s spread
RSM Canada’s Supply Chain Index worsened to 1.84 standard deviations below zero in January, down from a revised 1.36 standard deviations below neutral in December as the omicron variant spread across Canada and the world. … READ MORE >
Canada’s retail sales slump because of omicron
Retail sales in Canada plunged by 1.8% in December across all provinces as the spread of the omicron variant hurt holiday shopping. … READ MORE >
This week in energy: Jet fuel demand, oil and gas earnings, ESG metrics
In this week’s energy industry analysis, we take a look at the jet fuel demand landscape, fourth-quarter earnings reports for oil and gas companies, and the first oil and gas producer in North America to issue a sustainability-linked bond. … READ MORE >
Environmental and facilities services see a sunrise powered by legislation, automation: Spring 2022 outlook
Environmental and facilities services companies are poised to take advantage of infrastructure legislation and productivity-enhancing technology. … READ MORE >
Law firms implementing new battle plan in war for talent: Spring 2022 outlook
Law firms that focus on improving productivity and justifying rate increases by bringing greater value to clients will reap the benefits of those strategic shifts long after labor challenges subside. … READ MORE >