Statistics Canada

Canadian Economy

Canadian Job Vacancies Hit Seven-Year Low, Signaling Economic Headwinds and Rate Cut Pressure

Ottawa, Canada – October 30, 2025 – Canada's labor market experienced a significant cooling in August 2025, with job vacancies plummeting to 457,400, their lowest level since August 2017. This stark decline, reported by Statistics Canada, represents a substantial 15.2% year-over-year decrease and signals a notable shift in

Canada

Canada's Exports Plummet in Q2 2025 Amidst U.S. Tariffs and Global Slowdown, Sparking Economic Contraction

Canada's economy has been hit by a significant downturn in the second quarter of 2025, as the nation's exports experienced their sharpest decline since the 2009 financial crisis, excluding the pandemic period. According to Statistics Canada, the country's exports plunged by a staggering 7.