Baby Boomers Retiring to Cause Imminent Economic Hardship for Canada

Canada’s baby boomers – the large demographic of people born in the two decades following the Second World War, have begun the transition into old age.  This will result in serious implications for the national economy, and future challenges for government policy and the well-being of its citizens. This year, for the first time, Canada
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Canada’s Economy Expected to be Back to Normal by Late 2016

The Bank of Canada’s governor Stephen Poloz said that he expects Canada’s economy to overcome the setback caused by the plunge in oil prices and return to full capacity by the end of 2016. According to Poloz, last year saw a large number of job losses in the Canadian oil sector due to the drop
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What Bay Street is Saying About Canada’s Revised Jobs Report ?

Revised data released by Statistics Canada shows that Canada’s economy created a net of 41,700 jobs in July, far more than expectations of market analysts. Below are reactions from Canada’s Bay Street: Paul Ferley, Assistant Chief Economist at Royal Bank of Canada: “A totally different story here … with the revision, suggesting a totally different
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