COVID-19 News
Critical, Innovative Ways to Safeguard Your Office as Employees Return to the Workplace
As COVID-19 vaccines roll out and restrictions roll back, many businesses are preparing for...
Read MoreImpact of COVID-19 on Small Businesses in Canada, Second Quarter of 2021
Following the onset of the pandemic, Canada experienced a drastic drop in its real gross domestic product (GDP), with the economy contracting 18.2% between March and April 2020. With the gradual easing of pandemic-related...
Read MoreCanadian Economic Dashboard and COVID‑19
Employment fell by 207,000 in April as lockdown measures tightened in several regions of the country. Losses in April reflected declines in both full-time and part-time work. Lower employment in Ontario accounted for nearly...
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Working Canadians are Paying a “COVID Tax”, with Some Reporting Working More than Ever Before
A new survey from ADP Canada and Angus Reid reveals that many Canadian workers, especially those...
Read MoreCanadian Economic Dashboard and COVID‑19
Employment fell by 207,000 in April as lockdown measures tightened in several regions of the country. Losses in April reflected declines in both full-time and part-time work. Lower employment in Ontario accounted for nearly...
Read MoreWeekly update: Canadian Economic Dashboard and COVID-19
Headline consumer inflation returned to pre-pandemic levels in March as the downwards pressure from the base year coupled with current price growth led to a sharp acceleration in the headline rate. Consumer prices rose 2.2% on a...
Read MoreWeekly update: Canadian Economic Dashboard and COVID-19
Employment rose by 259,000 in February as public health measures eased in many regions of the country. February’s gain, concentrated in industries that were heavily impacted by the recent lockdown measures, offset headline...
Read MoreEmployment Recovery Stalled by Second COVID Wave
Escalating virus spread and containment measures likely caused labour markets to shed jobs for a second straight month in January. Royal Bank of Canada (RBC) economists expect Canadian headline employment to have fallen 40k....
Read MoreCOVID Consumer Spending Tracker
RBC’s consumer spending tracking report uses RBC Data & Analytics’ proprietary database of anonymized card transactions by Canadian clients. The data are an accounting of merchant transactions that are divided into various...
Read MoreWeekly update: Canadian Economic Dashboard and COVID-19
Economic activity rose for the seventh consecutive month in November, supported by increases in mining, oil sands extraction, and factory output. Real gross domestic product increased 0.7%, following the 0.4% gain in October....
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Cybersecurity Strategies Shift as Canadian Businesses Invest in Digitization During COVID-19 Pandemic
97% Canadian businesses say their cybersecurity strategies will shift as a result of the increased...
Read MoreWeekly Update: Canadian Economic Dashboard and COVID-19
On January 13th, Statistics Canada released new data on cross-border travel. December’s leading indicator of cross-border traveller volume showed that the number of American residents and returning Canadians crossing the...
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