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Canadian tourism spending surge fuels nationwide economic boost
Canada's tourism industry served as a major engine of national economic growth throughout 2025, according to a recent report from Statistics Canada. Fueled by strong domestic travel demand and a steady influx of international visitors, total tourism expenditures expanded, delivering a direct financial boost to local communities across the country. Sector activity outpaced broader national economic growth, driving increased revenues for hospitality, entertainment, and transit
3 hours ago


Domestic business investment in Canada remains below pre-2015 levels
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
Jun 11


Canada adjusts to lower GDP growth expectations in a shifting demographic era
In a new report titled Resetting Expectations: Canada’s Economy in a Lower-Immigration Era, economists Don Drummond and Parisa Mahboubi warn that Canada's reduced immigration targets represent a fundamental structural shift. They project that real GDP growth could fall to just 0.4% in 2026, significantly trailing official forecasts from the Bank of Canada and the Federal Government's recent economic updates. The authors emphasize that upcoming monthly employment declines, est
May 7


Canada’s Temporary Foreign Worker arrivals hit a two-year low
New federal statistics reveal that work permit issuances under the Temporary Foreign Worker Program (TFWP) plummeted to just 2,615 in November 2025, marking the lowest monthly intake since early 2024. This sharp decline follows commitments from federal ministers to "rebalance" the program in response to concerns over housing shortages and wage suppression. While the program saw over 100,000 approvals annually during the post-pandemic peak of 2022–23, the government has since
Jan 22
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