How financially literate are Canadians compared to the rest of the world? 馃嚚馃嚘馃挵
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. 馃彔馃嚚馃嚘
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
More than 1 in 3 Canadian employers surveyed have cut jobs in the past year. 馃搲馃嚚馃嚘
According to Littler鈥檚 2026 Canadian Employer Survey, 35% of employers reported layoffs or workforce reductions, while 46% paused or reduced hiring.
According to RBC鈥檚 2026 Home Ownership Poll, aspiring first-time buyers now expect to purchase their first home at age 41, compared to an average age of 29 for existing homeowners when they first bought.
Alberta Premier Danielle Smith says the proposed Pacific Link Pipeline is progressing through the federal approval process, with plans to follow the existing Trans Mountain corridor.
Source: Harvard Media News
Canada spends more on health care than almost every other high-income country with universal coverage, yet ranks near the bottom for essential medical resources. 馃嚚馃嚘
According to a new Fraser Institute report, Canada ranks 30th out of 32 countries for doctor availability.
Canada's housing market is facing another slowdown as home sales continue to fall short of expectations.
The Canadian Real Estate Association (CREA) has downgraded its 2026 forecast for the third consecutive quarter, now predicting home sales will decline 5.2% compared to 2025.
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Canada is introducing new rules that will change how certain skilled foreign workers qualify for permanent residency.
Beginning November 3, eligible high-wage job offers under Express Entry will earn points based on salary, with higher wages receiving greater consideration.
Millions of Canadians are still waiting for medical care, with little improvement in sight.
A new report from SecondStreet.org reveals that Canada has at least 3.6 million outstanding appointments for surgeries, specialist consultations and diagnostic scans.
Food bank usage in Canada has reached another record high, with millions of visits being recorded as households struggle to afford basic necessities. 馃嚚馃嚘
According to Food Banks Canada鈥檚 2026 HungerCount report, food banks recorded 2.35 million visits in March alone.
According to the Tax Foundation鈥檚 2026 International Tax Competitiveness Index, Canada ranks 15th overall among 38 OECD countries, but falls to 28th for individual income taxes and cross-border tax rules 馃嚚馃嚘
According to the Canadian Real Estate Association (CREA), home sales fell 7.7% in September compared to a year earlier, while the national Home Price Index dropped 3.4%.
Sales also declined 2.3% from August, ending four months of modest market improvement.
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Canada鈥檚 economic outlook is weakening as the federal deficit continues to grow
The Parliamentary Budget Office has lowered its 2026 GDP growth forecast to just 0.9%, down from 1.1% in June, while growth in 2027 is now projected at 1.5%.
Source: Parliamentary Budget Office
Alberta has voted overwhelmingly to remain part of Canada, with 76% supporting the remain side compared to 24% backing a future vote on separation, according to preliminary results. 馃嚚馃嚘
Source: Reuters
#Alberta #Canada #AlbertaPolitics #CanadianPolitics #AlbertaSeparation
A $100,000 salary in 1980 would require nearly $386,000 today to match its value, according to the comparison. 馃捀馃嚚馃嚘
From housing and groceries to transportation and everyday expenses, Canadians are facing a very different financial reality than previous generations.
Half of Canadians are bracing for a recession within the next year, according to the Bank of Canada's latest consumer expectations survey. 馃搲馃嚚馃嚘
Do you think Canada is heading towards a recession?
#Canada #CanadianEconomy #Recession #BankOfCanada #Inflation #CostOfLiving
A proposed pipeline to B.C.鈥檚 West Coast is now facing a legal challenge over Indigenous consultation.
Cold Lake First Nations has taken the federal government to court, challenging Ottawa鈥檚 decision to designate the Pacific Link pipeline as a project of national interest.
Canada鈥檚 housing market has lost 20.5% of its value since its early-2022 peak, putting it within striking distance of the U.S. housing crash of 2008.
According to BMO, U.S. home prices fell 26% during that crisis. Yet Canada has avoided a comparable economic collapse.
Ontario鈥檚 electricity imports from the U.S. nearly doubled in 2025, climbing from 1.6 TWh to 3.1 TWh.
How important do you think cross-border electricity trade will become as power demand continues to grow?
#Ontario #Energy #Electricity #Canada #PowerGrid




















