Canada’s young job seekers are facing mounting challenges in what experts are calling a “recessionary” employment environment, particularly in the tech sector and other entry-level job markets. A recent report from Indeed Canada reveals that tech job postings have dropped sharply since peaking in early 2022, with junior-level roles down 25% compared to pre-pandemic levels….
Amid ongoing tariff challenges and market volatility, many sectors on the TSX have shown resilience — particularly energy and real estate. Yet, Canadian Tire (TSX:CTC.A), a standout dividend stock, has slipped 11% from its 52-week high following a disappointing second-quarter earnings report. Despite a 5.2% year-over-year increase in revenue, diluted earnings per share (EPS) fell…
Canada’s economic outlook has dimmed following a third consecutive monthly decline in GDP, raising questions about whether the Bank of Canada will adjust its interest rate stance in September. Statistics Canada reported that GDP shrank by 0.1% in June — the third monthly contraction in a row, marking the first such streak since 2022. On…
Canada’s economy is showing troubling signs of strain, with new data from Statistics Canada indicating a sharper-than-expected slowdown — a trend economists are largely attributing to the ongoing trade war with the United States. Gross domestic product (GDP), the key measure of economic output, declined at an annualized rate of 1.6% in the most recent…
Here are five major developments to keep an eye on in the Canadian business landscape over the coming week: Couche-Tard Earnings Report Alimentation Couche-Tard Inc. will release its first-quarter financial results after markets close on Tuesday. The Quebec-based convenience store giant recently ended its yearlong attempt to acquire Japan’s Seven & i Holdings Co. Ltd.,…
Concerns about persistent inflation in Canada are exaggerated, and markets are underestimating the extent of future monetary easing by the Bank of Canada (BoC), says Royce Mendes, managing director and head of macro strategy at Desjardins Group. According to Mendes, the BoC should shift its attention from inflation to the broader economic picture, which shows…
While many TSX-listed companies are feeling the pressure from global trade tensions and economic headwinds, Celestica is proving to be a clear exception. The Toronto-based electronics manufacturing services provider is not only weathering the storm — it’s outperforming expectations and setting the stage for further growth. By consistently beating its own forecasts and exceeding analyst…
The U.S. economy continues to show resilience in the face of trade tensions and elevated interest rates, with second-quarter GDP growth revised upward to an annualized rate of 3.3%, according to updated data released Thursday by the Bureau of Economic Analysis (BEA). This marks an improvement from the initial estimate of 3% and a strong…
Nvidia’s latest earnings report confirmed one thing: AI demand is still booming. Yet, surprisingly, Nvidia stock didn’t join the celebration. On Thursday, the broader market surged, with the S&P 500 hitting a new all-time high. Several AI-related stocks saw impressive gains, including chipmaker Micron (MU), industrial AI play GE Vernova (GEV), and Nvidia rival Broadcom…
Turning a $10,000 investment into $100,000 may sound ambitious, but it’s certainly achievable with time, patience, and the right companies. Legendary growth stories like those of Apple and Amazon remind us that early, long-term investors in innovative businesses can be handsomely rewarded—often beyond expectations. Also Read: Buy Canadian AI stocks What Does It Take to…
Inflation remained above the Federal Reserve’s 2% target in July, but it hasn’t derailed investor expectations for an interest rate cut next month. The Personal Consumption Expenditures (PCE) index, the Fed’s preferred measure of inflation, rose 2.6% year-over-year in July, while the core PCE index—which strips out volatile food and energy prices—came in at 2.9%,…
Canada’s commercial real estate market currently presents more attractive investment opportunities than the U.S. and other global regions, according to a new report from Colliers. The firm highlights several key factors behind Canada’s growing appeal: faster population growth, a more favorable lending environment, and tighter supply conditions. Also Read: AI tech stocks Canada “In times…
When markets get choppy and unpredictable, sometimes the best move is to focus on high-quality, reliable companies that have stood the test of time. For Canadian investors looking to invest $500 right now, three standout picks offer compelling value, even in different sectors and with varying risk profiles. These include Enbridge (TSX:ENB), Manulife Financial (TSX:MFC),…
The Toronto Stock Exchange surged to a new all-time high on Wednesday, fueled by strong quarterly earnings from Canada’s top banks and a rebound in energy stocks driven by rising oil prices. The positive momentum extended to U.S. markets as well, with the S&P 500 closing at its own record. Also Read: Safe investments for…
Gold has spent the past four months in a relatively narrow trading range, fluctuating between roughly US$3,300 and US$3,400 per ounce. Following a sharp rally of around 70 per cent from late 2023 to its April 2025 peak, this period of sideways movement is not surprising. But the key question for investors is: Where does…
