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The market value of assets held by Canadian trusteed pension funds increased 4.2 per cent to $2.27 trillion in the fourth quarter of 2021, up from $2.18 trillion in the previous quarter, according to new data from Statistics Canada. Within trusteed plans, public sector assets grew five per cent to $1.78 trillion, accounting for 78 per cent […]

  • By: Staff
  • June 21, 2022 June 21, 2022
  • 09:00

Two-fifths (42 per cent) of Canadian parents postponed returning to work in 2022 due to difficulties finding childcare, according to a new survey by Statistics Canada. The survey, which polled the parents of more than 11,500 children, found roughly four in 10 parents using childcare in early 2022 reported difficulty finding care. Among respondents who looked for childcare […]

  • By: Staff
  • June 5, 2022 June 6, 2022
  • 09:00
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Women made up roughly 19 per cent of corporate board seats in 2019, an increase from 18 per cent the year before, even though the total number of board seats studied fell, according to new data from Statistics Canada. The data agency based its observations on information from 7,165 corporations, a decrease from the 8,697 […]

The percentage of Canadians who worked exclusively from home decreased from 24 per cent in January 2022 to 19 per cent in April, while just six per cent said they’re in a hybrid work arrangement, according to a survey by Statistics Canada. The survey, which polled 49,000 working Canadians, found nine in 10 (88 per cent) […]

  • By: Staff
  • May 16, 2022 May 16, 2022
  • 09:00

In 2020, more than 6.2 million Canadians put aside a total of $50.1 billion for their retirement by making contributions to their registered retirement savings plan, according to new data from Statistics Canada. Compared with a year earlier, contributions increased 13 per cent in 2020, while the number of contributors increased 4.9 per cent. In current dollars, the median RRSP contribution […]

  • By: Staff
  • April 4, 2022 April 4, 2022
  • 09:00

The market value of assets held by Canadian trusteed pension funds rose 1.8 per cent to $2.18 trillion in the third quarter of 2021, up from $2.14 trillion in the previous quarter, according to new data from Statistics Canada. Within trusteed plans, public sector assets grew two per cent to $1.7 trillion, accounting for 77.6 per cent of […]

  • By: Staff
  • March 18, 2022 March 17, 2022
  • 09:05

Canada’s consumer price index rose by more than half a per cent in July, reaching 3.7 per cent on a year-over-year basis, according to Statistics Canada. Canadians saw the cost of shelter rise faster than any other spending category outside of gasoline, with real estate prices rising 13.4 per cent year-over-year. Inflation hit new home […]

  • By: Staff
  • August 26, 2021 August 26, 2021
  • 11:00
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More than 125,000 Canadians became active members in a registered pension plan in 2019, according to a new report by Statistics Canada. It found the number of active members was up two per cent from 2018 to just over 6.5 million. Women accounted for more than three-quarters of the increase in new memberships — up 97,500 from 2018 to 3.3 million — while about 28,000 more men joined […]

  • By: Staff
  • July 7, 2021 July 7, 2021
  • 15:00
Statistics Canada says annual inflation rate rose 0.5% in September

Canada’s headline inflation measure went up in September by 0.5 per cent compared with a year ago, a better-than-expected increase, but one that experts say won’t sway the Bank of Canada’s stimulus measures. Economists had, on average, expected a year-over-year increase of 0.4 per cent, according to financial data firm Refinitiv, following readings of 0.1 […]

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Economists say there is no doubt that Canada is experiencing a recession, but the exact criteria determining one is underway can be fraught with confusion. Broadly speaking, a recession is a period of business contraction where economic activity declines. But what exactly constitutes a decline, and over what time period, is the subject of much […]