Tight labour market means rise in gig work unlikely during recession: economists
The tight labour market, combined with a changing workforce and stubborn inflation, might make this recession different from those that preceded it.
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Ottawa-Gatineau’s unemployment rate holds steady at 4.5% in December: Statistics Canada
The Canadian economy added 104,000 jobs in December as the unemployment rate fell slightly to 5.0 per cent, Statistics Canada said Friday.
Flexible workplaces with work life balance ‘win win’ for workers, employers: study
A new study on work-life balance says flexible schedules and shorter work weeks can lead to more productive, healthy and loyal workers.
Half of Canadian workers to seek new job in 2023 in hunt for better pay, perks: Poll
That number has risen steadily over the last year and a half, from about 21 per cent of employees on the hunt for a new
Small business outlook for year improves slightly, still shows recession fears: CFIB
Small business owners have a slightly better outlook on the year ahead than a month ago but their short-term outlook has worsened
Canada’s annual inflation rate fell slightly to 6.8% in November
Grocery prices climbed at a faster annual rate in November. The federal agency said prices rose 11.4 per cent annually, up from 11 per cent
Retail spending in Canada shows signs of slowdown amid higher inflation, interest
Retail spending in Canada showed early signs of a slowdown just as the holiday shopping season ramped up this fall, according to new figures.
Manufacturing, importing straws and other single use plastics now banned
As of today, companies can no longer produce or bring into Canada plastic checkout bags, cutlery, stir sticks, straws and takeout containers.
Non alcoholic beer, wine and spirits on the rise as demand grows
With the holiday season in full swing and “Dry January” around the corner, Canadians might find more non-alcoholic options on menus and store shelves.
Tech job postings down 32% since May, nearing pre pandemic levels: Indeed
Job search company Indeed says postings on its site for Canadian tech roles have dropped 32 per cent since May and are showing no signs
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