Canada's workforce will shrink more than the population this year, for the first time outside the pandemic, says RBC. Read more

GDP has shrunk for two quarters in a row, but GDP per person is rising after years of decline. Read more

Canada's workforce will shrink more than the population this year, for the first time outside the pandemic, says RBC. Read more

Canada's rising labour costs outpaced growth at the start of 2026 and business productivity fell for the second straight quarter. Read more

At the current low pace of growth, there won’t be enough workers for the country’s planned major projects.

RBC economist Nathan Janzen talks about the headwinds facing the labour market as record numbers of Canadians retire. Watch here.