The construction industry contributes to Canada’s economic growth. It employs an estimated 1.6 million construction and trade workers, and demand for trained construction workers is consistently rising; they represent roughly 10% of the Canadian workforce. The fastest-growing construction market in…
Introduction Canada’s economic outlook is expected to be moderate, with 1% growth amid macroeconomic challenges in 2026. The recent US-led Iran-Israel war has further deteriorated Canada’s economic position in the first quarter of 2026. Canada has been faced with high…
Introduction Canada’s unemployment rate has been relatively high. The unemployment rate has been hovering around 6%. While the unemployment rate has declined significantly from its abrupt pandemic peak of 13% in 2020, it stubbornly remains undesirably high in 2026, despite…
Canada is one of the advanced economic countries. However, unlike other advanced nations, Canada faces economic challenges that affect its growth.
Solution-based strategic economic policies are critically important for managing and implementing remedial measures to address identified challenges and steering the economy towards growth-oriented modelling.