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Proof Point

Proof Point: Why has U.S. consumer spending been so much more resilient than Canada's?

November 29, 2023

The U.S. economy has significantly outperformed Canada this year, largely fueled by soaring consumer spending that has yet to slow.

Proof Point: Closing Canada’s infrastructure gap could boost Indigenous output by up to 17%

November 15, 2023

It is well-known that Canada is one of the most educated countries in the world, with the second highest share of adults aged 25 to 34 with tertiary education

Proof Point: Fiscal tailwinds coming to an end for Canada’s provinces

November 1, 2023

Though pandemic support programs have ended, governments have yet to pare back their spending.

Proof Point: For Canada, slower growth in China is a manageable risk

October 18, 2023

China’s cooling economy is on a growing list of concerns when it comes to the outlook for Canada.

Proof Point: The ranks of Canadian entrepreneurs are shrinking

October 5, 2023

Entrepreneurship is becoming less enticing for Canadians. With Canada’s aging population, as more small business owners exit, there will be fewer nascent businesses to take their place.

Proof Point: Is more turbulence on the way for Canadian labour relations?

September 20, 2023

Inflation is elevating the cost of living—and sending labour relations regarding wages into more contentious territory

Proof Point: International students have a fast track to Canadian employment

September 7, 2023

For newcomers, a Canadian education is a key stepping stone to labour market success. For Canada, the international student stream is a more efficient source of immigration—and a key to unlocking labour productivity.

Proof Point: Canadian millennials have the smallest cushion against job losses

August 23, 2023

If job losses rise in this group, strength in consumer activity will most certainly erode.

Proof Point: Non-permanent residents can fill labour gaps in “greying” Canadian industries

July 27, 2023

As long-run demographic trends squeeze the workforce, Canada will need to maintain the current higher flow of NPRs.

Proof Point: Soaring construction costs will hamper Canada’s homebuilding ambitions

June 27, 2023

Canada’s residential construction price index has soared 51% since the start of the pandemic, putting new pressure on home prices.

Proof Point: Food inflation will slow, but don’t expect prices to drop

June 14, 2023

Food prices have already soared by 18% over the past two years, adding to Canadians’ grocery bills.

Proof Point: Canadians’ post-pandemic travel fever holds steady

May 30, 2023

Spending on travel has risen almost 30% above pre-pandemic levels, according to RBC data.