The statistic shows the unemployment rate in Canada from 2019 to 2023, with projections up until 2029. In 2023, the unemployment rate in Canada was at around 5.41 percent. Canada’s economy Three-quarter of Canada’s workforce is employed in the services sector, with the other two sectors, agriculture and industry, accounting for the rest of Canada’s employment. The country’s main export and import partner is the United States. Although both export and import figures have increased over the last few years, the trade balance of goods in Canada – i.e. the value of Canada’s exports minus the value of its imports – has slumped dramatically since the economic crisis hit in 2008. In 2009, for the first time in a decade, Canada reported a trade deficit, and the figures are still struggling to recover. Additionally, Canada’s public debt has been increasing since the crisis. Although a few key figures are still not back to the usual level, Canada and its economy seem to have more or less bounced back from the crisis; as can be seen above, the unemployment rate is gradually decreasing, for example, and gross domestic product / GDP in Canada has been increasing steadily. Canada is thus among the countries with the largest proportion of global gross domestic product / GDP based on Purchasing Power Parity. Canada is among the leading trading nations worldwide, and an important part of its economy is the export of oil. The country hosts significant oil resources, in fact, its capacity is the third-largest after those of Saudi Arabia and Venezuela.

An overwhelming number of Canadians believe that a national school food program (SFP) would benefit children, but concerns around limited funding are frequently raised. SFPs across Canada are struggling to meet increasing demands due to rising food costs, meaning that food quality and quantity within existing SFPs are suffering. This paper discusses the urgency to implement a cost-shared and federally funded SFP amidst the current economic context and lack of clear direction from the federal government. The paper also explores ways in which federal funding for school meals can help to reduce the rate of chronic diseases and actualize many proven physical and mental health benefits for Canadians, all of which have positive and long-term downstream effects on the country’s economy.Un nombre considérable de Canadiens et Canadiennes pensent qu’un programme national d’alimentation scolaire (PAS) serait bénéfique pour les enfants, mais des préoccupations sont fréquemment soulevées à propos des limites du financement. Partout au Canada, les PAS s’efforcent de répondre à une demande croissante en raison de l’augmentation du coût des aliments, ce qui signifie que la qualité et la quantité des denrées alimentaires offertes par ces programmes en pâtissent. Cet article traite de l’urgence, dans le contexte économique actuel et en l’absence d’une orientation claire de la part du gouvernement fédéral, de mettre en œuvre un PAS à coûts partagés et financé par le gouvernement fédéral. Il explore également les moyens par lesquels le financement fédéral des repas scolaires peut contribuer à réduire le taux de maladies chroniques et à faire advenir de nombreux bienfaits reconnus pour la santé physique et mentale des Canadiens et Canadiennes, le tout ayant des effets positifs à long terme sur l’économie du pays.

Consumer electronics stores have exhibited mixed performance in recent years. Electronics retailers offer a broad spectrum of goods, including TVs, computers, tablets, refrigerators, washing machines and blenders. Stores have struggled because of strong competition from mass merchandisers, including discount retailers and department stores and the continued rise of e-commerce outlets. The large shift in consumer spending from services to goods during the pandemic unexpectedly boosted revenue in 2020 as demand for consumer electronics rose. However, this wasn't enough to offset the overall slump in revenue caused by strong external competition and unfavourable macroeconomic conditions. Revenue for consumer electronics stores is expected to dip at a CAGR of 1.2% to $15.6 billion through the end of 2024, despite a forecast increase of 0.1% that year alone. Consumer electronics stores have endured a steady decline over the past decade, as many stores have struggled to attract customers since the growing prominence of online retailers and mass merchandisers. These competitors offer very competitive prices and sometimes have a wider variety of goods. Large stores, like Best Buy, have begun restructuring their businesses by closing unprofitable stores, shifting their focus to maintaining smaller stores and entering a strategic partnership with The Source, another major consumer electronics store. Many electronics stores have also begun emphasizing customer service by offering more interactive shopping experiences. Increased external competition and changing consumer preferences have contributed to a decline in profit in recent years. Moving forward, revenue for consumer electronics stores is forecast to recover modestly as stores benefit from their investments in online platforms. Stores like Best Buy will be poised to compete with the likes of Amazon and Walmart to win online business. Still, revenue is expected to remain far below its 2007 peak. Economic growth will intensify competition among retailers to secure a sizeable consumer electronics market share. The price-based competition will intensify, which will further diminish profitability. Revenue is expected to climb at a CAGR of 1.6% to $16.9 billion through the end of 2029.

The concert and event promotion industry has faced significant challenges in recent years, largely triggered by the fallout from the pandemic. A notable labour shortage emerged as many skilled employees left their jobs, compelling promoters to rely on less experienced staff. This shift led to increased workloads, potential event delays and unprofessional security practices. Rising demand for concerts and inflation have enabled many promoters to hike ticket prices. With Live Nation and Ticketmaster under scrutiny for alleged monopolistic practices, ticket prices have skyrocketed, making concerts less accessible for lower-income and casual fans. Spending on live entertainment remains resilient, reflecting a consumer trend prioritizing unique and memorable experiences. Over the years to 2024, revenue expanded at a CAGR of 1.2% and is expected to reach $5.0 billion in 2024, when revenue will advance an estimated 9.6%. The pandemic brought about unprecedented disruptions, with many promoters struggling to regain stable profitability despite a promising surge in revenue growth in 2022. That spike fell short of restoring profit growth to pre-pandemic levels and the financial landscape remains fraught with challenges. The influence of third-party consulting agencies has increased as promoters depend on them for consumer analytics, allowing these agencies to command high rates that erode profit. Artists have increasingly turned to concerts to compensate for lost revenue in the age of streaming, placing promoters in higher demand despite stagnant profit and rising operational costs. Over the next few years, revenue growth will pick up the pace, supported by improving economic conditions and an aging population with more disposable income and leisure time. Promoters can capitalize on older demographics' preferences and demands, potentially establishing more reliable revenue streams. The rise of music tourism and gig-tripping could significantly improve concert attendance, especially in cities like Toronto which are already global music hubs. Despite challenges in engaging target demographics amid an increasingly crowded online space, influencer marketing offers a promising strategy to connect with potential attendees. Ultimately, revenue is forecast to strengthen at a CAGR of 2.2% over the next few years, reaching $5.5 billion in 2029.

This repository contains the R-Code necessary to replicate the results of the multilevel regression in the article entitled: Improving Schooling through Effective Governance? The United States, Canada, South Korea, and Singapore in the Struggle for PISA Scores. In: Comparative Education. <\br> In addition, the repository includes Appendix D with the model diagnostics.

Commercial building construction contractors have endured declines. Interest rate hikes plunged business sentiment, decreasing expansion projects and hindering new commercial construction. Also, the transition to remote and hybrid work environments has hampered demand for office building construction, with office rental vacancies reaching a 30-year high in the fourth quarter of 2024. Industry revenue has been declining at a CAGR of 0.2% over the past five years to total an estimated $40.0 billion in 2025, including an estimated gain of 1.5% in 2025 as interest rate cuts begin to encourage new construction. Contractors have managed to expand profit from lows in 2020 but surging wage costs have strained considerable profit growth. Some of the growth for commercial building construction contractors has been price-based because of rising material costs for commercial buildings. This trend has been particularly true with office building construction, which increased as a share of revenue despite square footage under construction being at its lowest point in twenty years in the fourth quarter of 2024. Still, growth in additions and improvements spending, particularly from hotels, restaurants and bars, have buoyed the performance of contractors. Also, new construction in markets like warehouses, indoor recreational buildings and retail and wholesale outlets has provided contractors with avenues for growth. Commercial building construction contractors will enjoy solid growth. Continued rate cuts through 2025 will incentivize new construction. One market that will greatly benefit contractors is new hotel construction. While other markets will improve, office building construction may lag as vacancy rates remain high and 90.0% of active office building construction is set to be complete in 2025. Contractors will struggle to expand profit as labour shortages persist and push up wage costs. Tariffs may hike construction material prices, particularly HVAC equipment, potentially disincentivizing downstream construction expenditures. Also, contractors will have to adapt to some evolving trends, like the increased use of modular construction and changing building codes to improve commercial building sustainability. Modular construction techniques will help contractors combat labour shortages and higher wage costs because they are less labour-intensive. Overall, industry revenue is forecast to expand at a CAGR of 1.9% to total an estimated $44.0 billion through the end of 2030.

In 2024, the North American box office revenue generated throughout the year decreased by 3.8 percent in comparison to the previous year. While the box office has been continuously recovering since 2020, it has yet to reach pre-pandemic levels. At just under 8.6 billion U.S. dollars, the 2023 figure is under what was recorded in 2019.