A new Statistics Canada report shows that real tourism gross domestic product grew by 0.5% in the first quarter of 2026. This growth outpaced the broader Canadian economy, where overall real gross domestic product increased by just 0.1%. Total tourism spending in Canada reached 28.4 billion dollars during the quarter. International visitor spending rose by 0.9%, which helped offset a 0.2% drop in domestic spending by Canadian residents. The sector also added jobs, with touris

Canadian job vacancies rose in the first quarter of 2026. This is the first quarterly increase since 2022. Employers reported 506,700 open positions. This is an increase of 11,800. Both full-time and part-time positions saw growth. Sales and service roles led the job gains. However, health sector vacancies continued to decline. Regionally, Ontario, British Columbia, and Alberta added the most vacancies. Quebec was the only province to see a decrease. Additionally, the average

A new Fraser Institute study suggests that recent increases in business investment do not mean Canada’s long-standing investment challenges have been resolved. Researchers found that investment in productivity-enhancing assets such as machinery, equipment, software, and intellectual property accounted for 11.1% of the economy in 2025, up from nearly 14% in 2014. The report also notes that rapid labour force growth combined with slower capital investment has reduced investment

On June 2, 2026, British Columbia held a new draw under the entrepreneur streams of the British Columbia Provincial Nominee Program (BCPNP). The province issued 15 invitations under the Entrepreneur Immigration Base stream, which is designed for experienced entrepreneurs seeking to establish a new business or acquire an existing one in British Columbia. In addition, British Columbia invited fewer than five candidates under the Entrepreneur Immigration Regional stream. The min