Economic optimism rises for Canadian business leaders

CPA Canada survey says protectionism and uncertainty about U.S. economy remain concerns

Economic optimism rises for Canadian business leadersCanadian business leaders are more optimistic about the prospects of the Canadian economy heading into the summer, according to a new survey conducted for Chartered Professional Accountants of Canada (CPA Canada). The CPA Canada Business Monitor found that optimism about the economy over the next 12 months is up sharply among professional accountants in leadership…

Impressive job growth hides an ugly truth

Trend helps explain the disappointing pace of income and GDP growth in Canada, says report

Impressive job growth hides an ugly truthThe disconnect between the Canadian jobs market and the economy in general and income growth in particular, is defining the current cycle, says a report released on Thursday by CIBC. Lower Job Quality Curbing Income Growth, by bank economist Benjamin Tal, said the labour market continues to create jobs at an impressive pace, with the…

Canadian trade balance reaches surplus again

In volume terms, exports increased 4% and imports were up 1.2%, said StatsCan

Canadian trade balance reaches surplus againCanada's merchandise trade balance with the world was in a surplus position in May for the second time since December 2016, says Statistics Canada. The federal agency reported on Wednesday that the $762-million surplus in May followed a $1.1-billion deficit in April as exports rose 4.6 per cent in May, in part due to an…

Canadian business investment still sluggish: Fraser Institute

Drop in business investment from 2014 to 2017 is the most severe in at least 30 years

Canadian business investment still sluggish: Fraser InstituteA study released on Wednesday by the Fraser Institute says business investment has declined in two-thirds of the non-government sectors that comprise the Canadian economy in recent years. The Private Sector Capital Expenditures in Canada: An Industry-Level Analysis report said the drop in business investment from 2014 to 2017 is the most severe in at…

Caregivers play a central role in their loved one’s health

Family caregivers and professional providers must work together to achieve well-being for people with chronic and complex diseases

Caregivers play a central role in their loved one’s healthAchieving health and well-being is never a solo act. Throughout our lifetime, the people who are closest to us – our family and friends – are the greatest influence on our health. As we are on theirs. This is interdependence. Far too often when the professional care system is involved, recognition of interdependence falls by the wayside.…

Canadian economy gets a boost from Alberta energy sector

StatsCan said oil sands extraction increased 11% to take advantage of the easing of production restrictions

Canadian economy gets a boost from Alberta energy sectorCanada’s real gross domestic product was up 0.3 per cent in April, following a 0.5 per cent increase in March, according to Statistics Canada. And that was helped by a boost from the mining, quarrying and oil and gas extraction sector. The federal agency reported on Friday that goods-producing industries rose 0.4 per cent, while…

The power of bricks and mortar in a disruptive world

Eileen Halpin-Tarrant of Oberfeld Snowcap Realty talks about the bright future that innovative retailers are bringing to the marketplace

The power of bricks and mortar in a disruptive worldEileen Halpin-Tarrant is president of client services, broker of record (Ontario), and managing broker (British Columbia) with Oberfeld Snowcap Realty, Brokerage. What is Oberfeld Snowcap and what does it do? Halpin-Tarrant: Oberfeld Snowcap is a national real estate advisory firm focusing primarily on retail real estate and tenant representation across Canada. Our core asset and…

Canadian business leaders recognizing need to invest in staff

HSBC survey also says 79% of Canadian businesses expect to grow in the next two years

Canadian business leaders recognizing need to invest in staffA new Canadian survey says the majority of businesses expect to grow in the next two years while increasingly adopting new technologies, and at the same time they’ll be investing in their people. The Navigator: Made for the Future is a survey by HSBC of over 2,500 companies in 14 countries and territories, including Canada.…

WestJet sale to Onex approved by federal minister

Deal still subject to conditions, including other regulatory approvals and approval by the security holders on July 23

WestJet sale to Onex approved by federal ministerCalgary-based WestJet Airlines Ltd. says Onex Corp. has received approval from the federal minister of Transport to acquire WestJet provided the acquisition doesn’t raise public issues related to national transportation. It was announced in May that WestJet was being sold to Onex in a deal that is worth about $5 billion, including assumed debt. The…

Technology jobs in high demand: Robert Half survey

But many leaders say it's a challenge to find skilled professionals and most will make project-based hires

Technology jobs in high demand: Robert Half surveyTechnology jobs are in high demand in Canada but companies are finding it hard to fill those positions. A survey by employment agency Robert Half found that 59 per cent of hiring managers plan to expand their information technology teams; 82 per cent say it's challenging to find skilled professionals; and 94 per cent of…