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   Why do we need a healthy labour market?

   • A healthy labour market helps the economy grow without too much inflation. The labour force has been our biggest advantage for years, reflecting three key strengths: But we need to build on these strengths so everyone can participate in the economy. We also need to fix our main weakness: productivity—the amount of output per worker.

   Making the labour market work for everyone - Bank of Canada

   www.bankofcanada.ca/2024/06/making-labour-market-work-everyone/

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   How does Canada's labour market affect new workers?

   • Whenever the labour market adjusts to slower growth, some people are affected more than others. Less hiring means it’s harder for new workers to enter the job market. That is particularly affecting younger people and newcomers to Canada:

   Making the labour market work for everyone - Bank of Canada

   www.bankofcanada.ca/2024/06/making-labour-market-work-everyone/

   See all results for this question

   Can the economy grow without pushing up inflation?

   • This suggests the economy can grow and add more jobs without pushing up inflation. Check out our detailed assessment of labour market conditions in Canada. A healthy labour market helps the economy grow without too much inflation. The labour force has been our biggest advantage for years, reflecting three key strengths:

   Making the labour market work for everyone - Bank of Canada

   www.bankofcanada.ca/2024/06/making-labour-market-work-everyone/

   See all results for this question

   Can Canada grow and add more jobs without pushing up inflation?

   • While the overall unemployment rate is close to pre-pandemic levels and still relatively low, the slowdown in hiring means some groups are having a harder time finding jobs. This suggests the economy can grow and add more jobs without pushing up inflation. Check out our detailed assessment of labour market conditions in Canada.

   Making the labour market work for everyone - Bank of Canada

   www.bankofcanada.ca/2024/06/making-labour-market-work-everyone/

   See all results for this question

2. www.bankofcanada.ca › 2024 › 06Making the labour market work for everyone - Bank of Canada

   www.bankofcanada.ca › 2024 › 06

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   Jun 24, 2024 · Making the labour market work for everyone. Speech summary. Tiff Macklem. Winnipeg Chamber of Commerce. Winnipeg, Manitoba. June 24, 2024. Governor Tiff Macklem talks about how the labour market has adjusted to higher interest rates and slower economic growth. He also discusses how a strong, inclusive labour market is key to growth in the long run.

3. www.canada.ca › en › natural-resources-canadaGovernment of Canada Launches the First Clean Economy ...

   www.canada.ca › en › natural-resources-canada

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   Jun 21, 2024 · The Clean Economy Investment Tax Credits (ITCs), representing $93 billion in federal incentives by 2034–35, will play an essential role in attracting investment, supporting Canadian innovation, creating jobs and driving Canada’s economy toward net zero by 2050.

   • Author: Natural Resources Canada

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5. globalnews.ca › news › 10593853Canada’s economy is showing ‘more of a pulse’ in latest GDP ...

   globalnews.ca › news › 10593853

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   Jun 28, 2024 · The Canadian economy bounced back from a soft end to the first quarter, Statistics Canada said Friday. Real gross domestic product (GDP) grew 0.3 per cent in April, the agency said, in line with ...

6. www.canada.ca › en › natural-resources-canadaMinister Wilkinson Welcomes the Canada Electricity Advisory ...

   www.canada.ca › en › natural-resources-canada

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   Jun 10, 2024 · The consensus recommendations in the report of the independent Council speak to the need to both address climate change and ensure we seize the massive economic opportunities enabled through the transition to a low-carbon economy. The report highlights that a clean, reliable grid will save Canadians money into the future.

   • Author: Natural Resources Canada

7. www.theglobeandmail.com › business › article-bocBoC’s Macklem says Canadian economy appears to be on track ...

   www.theglobeandmail.com › business › article-boc

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   Jun 24, 2024 · Justin Tang/The Canadian Press. Bank of Canada governor Tiff Macklem said the Canadian economy appears to be on track for a soft landing where inflation falls back to the bank’s target without a ...

8. www.bankofcanada.ca › publications › the-economyThe Economy, Plain and Simple - Bank of Canada

   www.bankofcanada.ca › publications › the-economy

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   Sep 28, 2018 · When the COVID-19 pandemic hit Canada, the Bank of Canada acted quickly. We needed to make sure the financial system worked well enough that credit could continue to flow. That meant addressing shortages of liquidity in financial markets—the backbone for lending and borrowing in the economy.

9. www.morningstar.com › podcasts › investing-insightsWhat a Strong Economy Now Means for the Rest of 2024

   www.morningstar.com › podcasts › investing-insights

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   Jun 21, 2024 · Tom Lauricella, Morningstar’s global markets editor and Smart Investor newsletter editor, discusses how a strong economy has defied expectations, why it’s still worthwhile to invest in...