Skip to main content
Proof Point

Proof Point: Canadian industries and provinces most exposed to U.S. tariff threat

December 10, 2024

Restrictions to the flow of goods and services across the U.S. border could seriously harm Canadian businesses and communities.

Proof Point: Are falling rents in Canada temporary relief or a new trend

November 27, 2024

The asking rent for units across Canada fell for the first time in three years in October with big declines seen in the largest and most expensive cities.

Proof point: Canada’s job market slump—low-wage industries with young workers take the biggest hit

November 14, 2024

Lower-wage industries in Canada with more younger workers have been disproportionately impacted by the recent softening in labour demand.

Proof point: Why Canada is seeing an uneven recovery among households

October 31, 2024

Households in aggregate are sitting on record levels of savings. But under the surface, there are clear signs the average Canadian consumer is suffering.

Proof point: Job market is bigger risk to Canada’s economy than mortgage renewals

October 16, 2024

Higher mortgage payments certainly hurt the total amount of income available in the economy to spend, but higher unemployment does as well.

Proof point: Financial returns after a post-secondary education have diminished

September 9, 2024

The income earned by graduates has lagged tuition growth, particularly in fields such as engineering, architecture, and related sciences.

Proof point: U.S. import tariffs haven’t reduced reliance on foreign goods

August 21, 2024

The introduction of tariffs on imports, particularly from China, hasn’t lessened U.S. dependence on trade or improved the overall U.S. trade deficit

Proven points: Rents, wages, inflation and other top reads from Proof Point

July 31, 2024

Here’s a look back at 10 of the most popular Proof Points in the past 12 months.

Proof Point: Canada’s economy might not be in recession but it feels like one

July 17, 2024

Real per person output has declined in six of the past seven consecutive quarters and unemployment has risen at the same time.

Proof point: Rental housing construction picks up in Canada but will it be enough?

July 3, 2024

Rental housing starts surpassed 80,000 per year in 2022 and 2023, nearly doubling the average pre-pandemic (2015–2019) annual increase.

Proof Point: The Canadian tourism sector is struggling to stage a rebound

June 18, 2024

Demand for Canadian tourism has yet to fully recover from the pandemic and is being impacted by global geopolitical uncertainties.

Proof Point: Canadian inflation is unlikely to pick up again like in the U.S.

May 29, 2024

The recent outperformance of the U.S. economy is led by the services sector—a driver that hasn’t materialized in the Canadian economy to the same extent.