Comprehensive Analysis of Canada's Unemployment Rate in 2025

Unemployment Rate in Canada in 2025: A Comprehensive Analysis

As of May 2025, Canada’s unemployment rate stands at 7.0%, a marginal increase from 6.9% in April 2025, according to Statistics Canada. This rate, the highest since September 2016 outside pandemic years, reflects a labor market grappling with economic slowdowns, global trade tensions, and demographic shifts. This report explores the current state, trends, regional and

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2025 RRSP Tips for Canadians

2025 RRSP Tips for Canadians

Introduction to RRSPs A Registered Retirement Savings Plan (RRSP) is a cornerstone of retirement planning for Canadians, offering significant tax advantages to help you save for your future. Unlike a regular savings account, where interest is taxed annually, an RRSP allows your investments to grow tax-free until you withdraw the funds, typically during retirement when

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Prep for Trump’s Tariffs & Supporting Canadian

As of March 17, 2025, Canada is grappling with the economic repercussions of U.S. President Donald Trump’s tariff policies, which impose a 25% tariff on most Canadian goods and a 10% tariff on energy resources. These measures, justified under the International Emergency Economic Powers Act (IEEPA) for national security reasons like illegal immigration and drug

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