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Where knowledge inspires action.

At Signal49 Research, we provide Canadian leaders with the kind of evidence-based actionable insights they have trusted for more than seven decades.

Susan Black
CEO, Signal49 Research

10K+

Exclusive forecasts and reports available

990+

Executive council members

160+

Researchers, analysts, and employees

70+

Years of experience

How We Can Help You

We are an economic powerhouse, a leader in custom and public research, and a convener of the country’s top thought leaders. We offer services that help organizations strengthen their strategy and respond to challenges: bespoke economic impact assessments, forums that bring together senior leaders, research subscriptions that inform decisions, and more.

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Delivers critical research across core organizational areas. With more than 300 reports, forecasts, and dashboards released each year, inFact supports confident decision-making in finance, HR, innovation, and more.

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Custom Economic Research

Provides in-depth analysis of the impacts, risks, and opportunities tied to major investments, policy shifts, and complex business decisions. Leverage our economists’ expertise and advanced modelling tools to inform your strategy.

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Research Centres

Brings together multiple funding members to create shared research agendas that address Canada’s most pressing challenges. These centres generate and disseminate high-impact insights that advance understanding and guide informed policy and business decisions.

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Exclusive forums where senior leaders come together in person and virtually to tackle challenges, exchange real-world insights, and hear from experts and thought leaders.

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We aim to get our research into the hands of decision-makers—be they in government, business, or civil society—so that they can act on the best evidence and research in Canada.

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Recent Research

Series:Interest Rate Announcement

Bank of Canada Holds Policy Rate Amid Middle East Uncertainty

The Bank of Canada held the target for the overnight rate at 2.25 per cent, with the Bank Rate at 2.50 per cent and the deposit rate at 2.20 per…
Topics: Business and Household Indicators, Canadian Economic Analysis
Global Economic Analysis
Subject Matter: Canada Budget, Consumer Trends
Economy Analysis, Energy Economics, GDP Canada, Inflation Impact, Interest Rate, Oil and Gas, Tariffs, Trade Export and Import
Quick Take
Canadian Economics
March 18, 2026 3-min read

After the Gold Rush: Canada’s International Student Reckoning

This op-ed was originally published by Times Higher Education on March 11, 2026. For more than a decade, international students were the most predictable source of growth in Canadian post-secondary…
Topics: Immigration Research and Policy, Skills and Workforce Development
Subject Matter: Challenges Faced by International Students, Immigrant Labour Integration
Immigrants Coming to Canada, Immigration Policies in Canada, Labour Market, Post Secondary Education in Canada
Op-ed
Education & Skills
March 17, 2026 4-min read
Series:Canada in a Changing World

The Digital Dividend: The Economic Potential of Canada’s Data Sovereignty

Data is not the destination We are living in a data-driven world, yet Canada has had limited strategic oversight on the growing importance of its digital resources. In the modern…
Topics: Canadian Economic Analysis, Technology and Innovation Analysis
Subject Matter: Artificial Intelligence, Business Research
Canada Budget, Corporate Innovation, Economy Analysis, Emerging Technologies, Innovation and Growth, Innovation Economy, Innovation Policy Strategy
Commentary
Innovation & Technology
March 17, 2026 5-min read
Series:Consumer Price Index

CPI Growth Dips in February, but Volatility Lies Ahead

In February, the Consumer Price Index (CPI) rose by 1.8 per cent year-over-year (y/y). This was lower than January’s 2.3 per cent increase. Gasoline prices rose by 3.6 per cent…
Topics: Business and Household Indicators, Canadian Economic Analysis
Subject Matter: Consumer Trends, Economic Forecast
Economy Analysis, Employment Rate in Canada, Energy Economics, Industry Analysis, Inflation Impact, Labour Market
Quick Take
Canadian Economics
March 16, 2026 3-min read
Series:AI on the Horizon

AI on the Horizon: March 16, 2026

Canada’s latest AI news on the economy, society, and policy. From the creation of guardrails to concerns about protecting youth, the ethical implications of AI and its regulation have dominated…
Topics: Skills and Workforce Development, Technology and Innovation Analysis
Subject Matter: Artificial Intelligence, Corporate Innovation
Education in Canada, Emerging Technologies, Innovation Economy, Innovation Policy Strategy
Quick Take
Innovation & Technology
March 16, 2026 3-min read
Series:Labour Force Survey

Canada’s Labour Market on the Back Foot

Employment declined by 84,000 in January (–0.4 per cent). The unemployment rate rose to 6.7 per cent, an increase of 0.2 percentage points, while the labour force participation rate edged…
Topics: Business and Household Indicators, Canadian Economic Analysis
Subject Matter: Business Research, Consumer Trends
Economy Analysis, Employment Rate in Canada, Immigrant Labour Integration, Immigrants Coming to Canada, Immigration Policies in Canada, Industry Analysis, Labour Market, Population Research, Tariffs, Trade Export and Import
Quick Take
Canadian Economics
March 13, 2026 3-min read
Series:Trade

Exports See Largest Decline since April 2025

Canada’s merchandise exports declined 4.7 per cent (month-over-month) in January. Meanwhile, imports were down 1.1 per cent. As a result, Canada’s merchandise trade deficit widened from $1.3 billion in December…
Topics: Canadian Economic Analysis, Global Economic Analysis
Subject Matter: Economy Analysis, Industry Analysis
Tariffs, Trade Export and Import, World Economy
Quick Take
Canadian Economics
March 12, 2026 3-min read

Indigenous Community Health Workers Across Canada—March 2026

Indigenous Community Health Workers in Canada: Revealing a Critical Backbone of Community Health In this research, we examine the occupational settings, educational backgrounds, and roles filled by Indigenous community health…
Topics: Health and Healthcare, Indigenous Communities
Skills and Workforce Development
Subject Matter: Canadian Territories, Education in Canada
First Nations in Canada, Health Education, Health Services Research, Healthcare in Canada, Indigenous Employment, Indigenous Infrastructure, Indigenous Self-Determination, Inuit in Canada, Northern Canada, Post Secondary Education in Canada, Provincial Research, Rural and Remote Communities in Canada, Treatment of Indigenous Peoples in Canada, Workplace Barriers
Online Experience
Indigenous & Northern Communities
March 11, 2026 8 min read

Economic Value of Shingles Vaccination—March 2026

Guarding Health, Driving Productivity: The Economic Value of Shingles Vaccination Healthy aging helps older adults continue contributing to the economy through employment, caregiving, volunteering, and community engagement. Vaccinating against shingles—which…
Topics: Canadian Economic Analysis, Health and Healthcare
Subject Matter: Burden of Disease, Economy Analysis
Health Care Economics, Health Policy, Health Services Research, Healthcare in Canada, Medical Technology, Patient Outcomes
Online Experience
Health
March 4, 2026 3 min read
Series:GDP by Industry

Fourth Quarter Contraction Underscores a Weak Year

Real gross domestic product (GDP) increased 0.2 per cent in December. For the fourth quarter as a whole, real GDP declined by 0.2 per cent (0.6 per cent annualized). Real…
Topics: Canadian Economic Analysis, Industry Economic Analysis
Subject Matter: Business Research, Consumer Trends
Employment Rate in Canada, GDP Canada, Industry Analysis, Oil and Gas, Tariffs, Trade Export and Import
Quick Take
Canadian Economics
February 27, 2026 4-min read

Canada’s Genomics Market Potential—February 2026

Canada’s Genomics Advantage: Domestic strengths and global market potential Genomics has a wide range of applications in the economy. For example, precision medicine enables personalized treatments; high-yield, drought-tolerant seeds increase…
Topics: Health and Healthcare, Technology and Innovation Analysis
Subject Matter: Economy Analysis, Emerging Technologies
Healthcare in Canada, Innovation and Growth, Medical Technology, World Economy
Summary for executives​
Innovation & Technology
February 27, 2026 3 min read
Series:Provincial Fiscal Outlook

Soft Oil Prices Take a Toll on the Books: Our Analysis of the Alberta Budget 2026

The province is forecasting a deficit of $9.4 billion for fiscal year 2026–27, with expected shortfalls of $7.6 billion in 2027–28 and $6.9 billion in 2028–29. These figures are significantly…
Topics: Provincial Economic Analysis
Subject Matter: Alberta, Canada Budget
Economic Forecast, Economy Analysis, Fiscal Updates, GDP Canada, Industry Analysis, Labour Market, Oil and Gas, Provincial Research, Tariffs
Commentary
Canadian Economics
February 27, 2026 5-min read

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