Canada has fallen from 8th to 16th place in global innovation rankings since 2011, despite having strong universities, research capabilities, and skilled talent. 🇨🇦📉
Source: WIPO Global Innovation Index (2026) / Business Council of Alberta
According to testimony before Parliament, approximately 11,000 seniors have Old Age Security files that remain unreviewed despite their payments being overdue 🇨🇦
More than half of large Canadian employers surveyed are anticipating layoffs in the year ahead. 🇨🇦📉
A new LHH survey of 400 HR and business leaders found that 58% expect layoffs within the next 12 months, compared to 36% in its 2024 study.
Canada’s inflation rate has climbed back above the Bank of Canada’s target range. 🇨🇦📈
Annual inflation reached 3.1% in September, up from 3% in August, driven largely by rising energy costs.
Finding a job is taking longer than ever for many young Canadians. 🇨🇦📉
According to Indeed's Q3 2026 labour market report, 16.5% of unemployed Canadians aged 15 to 24 have been out of work for at least 27 weeks, one of the highest levels in 30 years.
The cost of groceries in Canada has nearly doubled since 2002. 🛒🇨🇦
According to Statistics Canada, $100 worth of groceries in 2002 would cost approximately $198 today, representing a 98% increase.
Source: Statistics Canada
B.C. could be on the verge of a $100-billion energy boom as its incoming Conservative government prepares to expand natural gas production. 🇨🇦🛢️
Do you think expanding natural gas production will strengthen B.C.’s economy? 👇
Keeping the heat on is becoming a financial struggle for young Canadians. 🏠🇨🇦
A new HomeStars report reveals that 1 in 5 Canadians aged 18 to 34 have borrowed money or used credit to pay an energy bill, while 42% are worried about affording heat this winter.
A new study is raising questions about how Canada evaluates the skills of newcomers entering the country.
Should Canada place greater emphasis on language proficiency when selecting skilled immigrants? 🤔
Source: C.D. Howe Institute
#DebunkCanada #Canada
According to a new analysis from the Canada Mortgage and Housing Corporation (CMHC), Canadian housing prices have risen faster than those in most comparable developed countries since 2005.
According to Dalhousie University’s latest Canadian Food Sentiment Index, 32% of Canadians reported dipping into savings or borrowing to afford food, up four percentage points from last year.
Over the past 24 years, inflation has eroded approximately 41% of that money’s purchasing power.
That means $10,000 saved in 2002 would have the buying power of roughly $5,900 today, despite the dollar amount remaining unchanged.
Source: Statistics Canada, Consumer Price Index
Canada’s economy is showing more signs of slowing down. 📉🇨🇦
According to Statistics Canada, real GDP remained essentially unchanged in August, marking the second consecutive month of stalled economic growth.
Canada’s economy is showing more signs of slowing down. 📉🇨🇦
According to Statistics Canada, real GDP remained essentially unchanged in August, marking the second consecutive month of stalled economic growth.
Canada’s housing market could be facing even more pressure as interest rates begin climbing again.
The Bank of Canada has raised its benchmark interest rate to 2.5%, marking its first hike in three years, with further increases possible if inflation remains elevated.
For the first time since 2023, the Bank of Canada is raising interest rates. 🇨🇦📈
The central bank has increased its benchmark interest rate by 0.25 percentage points to 2.5%, as rising inflation puts renewed pressure on the Canadian economy.
How financially literate are Canadians compared to the rest of the world? 🇨🇦💰
A new global study by Remitly ranked Canada 22nd out of 27 countries, with Canadians answering an average of 75.5% of financial literacy questions correctly.
The dream of owning a home is slipping further out of reach for Canadians. 🏠🇨🇦
A new Habitat for Humanity survey of more than 30,000 people across 22 countries found Canada ranked last for optimism about homeownership.
After seven consecutive meetings holding rates at 2.25%, the Bank of Canada is under growing pressure to raise borrowing costs. Financial markets are pricing in an over 83% chance of a hike, while RBC economists expect a 0.25 percentage point increase.
Source: Reuters
