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Signal49 Research is Canada’s foremost independent applied research organization, delivering rigorous, unbiased, evidence-based insights to help Canadians navigate complex challenges. Each year, we publish over 500 research outputs, offering trusted data, forecasts, and analysis to inform decision-making and drive progress.

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We are an independent, non-partisan, not-for-profit organization guided by the public interest and committed to real-world impact. We create rigorous, evidence-based research that leaders can trust to inform confident decision-making. A proudly Canadian organization, we focus on understanding the country’s most pressing challenges and advancing prosperity and wellbeing for all who live here.

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Latest Research by Topic

Discover the latest data, analysis, and commentary from our economists and researchers on the most urgent issues facing communities, organizations, and the country.

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Canadian Hiring Index for September 2026

Hiring Momentum Fades in August This month’s hiring index shows a dip in job postings and softer hiring demand, especially in the finance and insurance, healthcare, and social assistance postings…

Index of Consumer Spending for June 2026

GST Top-up and Gasoline Prices Carry June Consumer Spending Forward Most provinces and territories saw their Index of Consumer Spending (ICS) scores increase in June, with the largest gains coming…

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Canadians’ Inflation Expectations for August 2026

One-Year Expectations Edge Down While Three-Year Views Hold Canadians remain firm in their inflation expectations in August, with the average one-year inflation expectation easing to 3.2 per cent from 3.3…

Inflation Remained Elevated in August

In August, the Consumer Price Index (CPI) rose by 3.0 per cent year-over-year (y/y), matching July’s 3.0 per cent increase. Gasoline prices fell by 0.9 per cent month-over-month and were…

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Canadians’ Inflation Expectations for July 2026

Three-Year Inflation Expectations Edge Back Up in July More Canadians, especially those living in British Columbia, expected inflation to rise in July, with the average three-year inflation expectation up to…

August’s Job Numbers are Sobering but Unsurprising

Employment declined by 41,700 (–0.2 per cent) in August following three consecutive months of robust employment growth. The labour force participation rate fell to 65.0 per cent and the unemployment…

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Canadian Hiring Index for September 2026

Hiring Momentum Fades in August This month’s hiring index shows a dip in job postings and softer hiring demand, especially in the finance and insurance, healthcare, and social assistance postings…

Economic Impact of Genomics in Canada—September 2026

Canada’s Genomics Advantage: The Economic Impact of Genomics in Canada This research examines genomics’ contribution to Canada’s economy. Cutting‑edge technologies and innovations are benefiting multiple sectors, including public health, food…

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Canadians’ Inflation Expectations for August 2026

One-Year Expectations Edge Down While Three-Year Views Hold Canadians remain firm in their inflation expectations in August, with the average one-year inflation expectation easing to 3.2 per cent from 3.3…

Inflation Remained Elevated in August

In August, the Consumer Price Index (CPI) rose by 3.0 per cent year-over-year (y/y), matching July’s 3.0 per cent increase. Gasoline prices fell by 0.9 per cent month-over-month and were…

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Canadians’ Inflation Expectations for July 2026

Three-Year Inflation Expectations Edge Back Up in July More Canadians, especially those living in British Columbia, expected inflation to rise in July, with the average three-year inflation expectation up to…

August’s Job Numbers are Sobering but Unsurprising

Employment declined by 41,700 (–0.2 per cent) in August following three consecutive months of robust employment growth. The labour force participation rate fell to 65.0 per cent and the unemployment…

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Quebec’s Travel Markets Outlook—July 2026

La Belle Province Is Playing to Its Strengths Travel volumes to Quebec are expected to improve in 2026 after a slowdown in U.S. visitors held back the province’s tourism industry…

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Ontario’s Travel Markets Outlook—July 2026

Home Travel Leads as Global Demand Rebuilds Ontario’s travel market faces positive conditions over the outlook, in the near term receiving a continued domestic boost spurred by Canadians’ pivot away…

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Saskatchewan’s Travel Markets Outlook—June 2026

Shift Toward Canada Supports Tourism Growth in Saskatchewan This quarter we look at Saskatchewan’s travel and tourism sector and the effects of a decline in domestic overnight visits, reduced population…

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Prince Edward Island’s Travel Markets Outlook—June 2026

Pickup in Global Visits Signals New Highs Tourism to Prince Edward Island will continue to grow rapidly in 2026, fuelled by a bounce-back in international visitation. This growth will continue…

STEM-Trained Women in Critical Industries—July 2026

Act Now or Fall Behind: Mobilizing STEM-Trained Women to Strengthen Critical Industries In this research, we examine what motivates STEM-trained women and men to pursue careers in the key sectors…

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HR Spotlight Series: Promotions Shape Women’s Careers—June 2026

Spotlight on The Broken Rung: How Early Promotion Shapes Women’s Careers We look at the barriers women face along the pathway to leadership roles in employment and how the gap…

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HR Spotlight Series: Workplace Design to Retain Women—June 2026

Spotlight on Rethinking Retention: Workplace Design That Encourages Women to Stay Spotlight on Rethinking Retention: Workplace Design That Encourages Women to StayWomen’s retention is one of the most serious—and most…

Neuroinclusive Work‑Integrated Learning—May 2026

Pathways to Careers: Advancing Neuroinclusive Work‑Integrated Learning in Higher Education In this research, we will explore how work-integrated learning (WIL) can be designed to be more inclusive. WIL can provide…

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Benefits Benchmarking: Designing Competitive Programs—April 2026

Benefits Benchmarking 2026: Insights for Designing Competitive Benefits Programs Benefits Benchmarking 2026: Insights for Designing Competitive Benefits Programs summarizes the results of our Benefits Benchmarking 2025 survey. The findings are…

Inclusive Workplaces Start With Understanding—March 2026

Inclusive Workplaces Start With Understanding Stigma can limit a person’s ability to succeed at work. It shows up when people hold false beliefs or make unfair judgments about others. How…
Series:Trade

Exports Fall for the First Time in Six Months

Canada’s merchandise exports fell 2.3 per cent in July. Meanwhile, imports were up 2.2 per cent. As a result, Canada’s merchandise trade surplus narrowed from $4.2 billion in June to…

Rates Unchanged as Bank Weighs Tariff and Energy Risks

The Bank of Canada held the overnight rate at 2.25 per cent, the Bank Rate at 2.50 per cent, and the deposit rate at 2.20 per cent, the seventh consecutive…

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U.S.’s Five-Year Outlook—August 2026

Confronting Slower Growth The U.S. economy ended 2025 on a weak note, with growth whipsawing in response to drastic changes in trade policy and the longest government shutdown on record….
Series:Trade

Strong Trade Performance Despite External Headwinds

Canada’s merchandise exports rose 0.4 per cent in June. Meanwhile, imports were up 0.2 per cent. As a result, Canada’s merchandise trade surplus widened from $3.7 billion in May to…
Series:Trade

Exports Reach Record High on the Back of Strong Crude Oil Shipments

Canada’s merchandise exports rose 1.6 per cent in April. Meanwhile, imports were up 0.3 per cent. As a result, Canada’s merchandise trade surplus widened from $1.8 billion in March to…
Series:Trade

Gold and Crude Oil Behind the Export Jump in March

Canada’s merchandise exports rose 8.5 per cent (month-over-month) in March. Meanwhile, imports were down 1.6 per cent. As a result, Canada’s merchandise trade balance shifted from a deficit of $5.1…

Economic Impact of Genomics in Canada—September 2026

Canada’s Genomics Advantage: The Economic Impact of Genomics in Canada This research examines genomics’ contribution to Canada’s economy. Cutting‑edge technologies and innovations are benefiting multiple sectors, including public health, food…

Canada Health Workforce Turnover & Migration Costs—August 2026

Retention in Healthcare: Migration Costs and System Perspectives The movement of health professionals within Canada and internationally has measurable implications for health system capacity, workforce planning, and public investment. This…

The Care Economy

Française à suivre Future Skills Centre Podcast: Season 6, Episode 3 Listen on Apple Podcasts Listen on Spotify All Future Skills Episodes In this episode of the Future Skills Podcast,…

Economic Footprint of Canada’s Pharmacy Sector—June 2026

The Economic Footprint of Canada’s Pharmacy Sector: Fuelling Health and Local Economies In this research, we examine the economic footprint of Canada’s pharmacy sector, including its contribution to GDP, employment,…

Indigenous Community Health Workers in Canada—May 2026

Training to Retain: Strengthening the Role of Indigenous Community Health Workers in Canada Indigenous community health workers play a critical role in rural and remote Indigenous communities, where healthcare access…

The Immigration–Labour Alignment Tracker—September 2026

Aligning Immigration with Canada’s Labour Market: The Immigration–Labour Alignment Tracker Immigration selection plays a key role in aligning the skills and talent of immigrants with Canada’s workforce need. Using industry-level…

Immigrants in Canada’s Skilled Trades—July 2026

Immigrants in Canada’s Skilled Trades: Untapped Talent Amid Growing Demand We conducted a literature review to understand the current representation of immigrants in the skilled trades and the challenges Canada…

Absorptive Capacity and Sustainable Immigration Policy—July 2026

How Canada Can Chart a Sustainable Path: Absorptive Capacity and the Future of Canadian Immigration Policy In this primer, we analyze the results of a review of relevant Canadian literature…

Unlocking Immigrant Talent in the Skilled Trades—June 2026

Unlocking Skilled Immigrant Talent: Why So Few Skilled Trades Immigrants Certify in Their Intended Occupation In this research, we look at the persistent labour shortages in Canada’s skill trades. Canada’s…

Immigrant Skill Utilization in the Hospitality Sector—April 2026

From Newcomers to Game Changers: Immigrant Skill Utilization in the Hospitality Sector Immigrants are more likely than Canadian-born workers to be overeducated for their jobs in hospitality. However, many employers…

Immigrant Skill Utilization in the Construction Sector—April 2026

From Newcomers to Game Changers: Immigrant Skill Utilization in the Construction Sector  Canada’s construction sector is facing acute labour shortages, yet immigrant talent remains underutilized. Involuntary part-time work and overeducation…

Supporting Indigenous Community Health Workers: Lessons from Ontario and Alaska

Française à suivre Future Skills Centre Podcast: Season 6, Episode 5 (Bonus) Listen on Apple Podcasts Listen on Spotify All Future Skills Episodes In this bonus episode of the Future…

A Framework for Indigenous Export Readiness—June 2026

The 3Ds of Indigenous Export Readiness: Demonstration, Durability, and De-risking in Practice This study explores how Indigenous small and medium-sized enterprises (SMEs) in Canada develop the skills and capabilities required…

Indigenous Community Health Workers in Canada—May 2026

Training to Retain: Strengthening the Role of Indigenous Community Health Workers in Canada Indigenous community health workers play a critical role in rural and remote Indigenous communities, where healthcare access…

Indigenous-Led Education Infrastructure—May 2026

Mamawmatawa Holistic Education Centre: An Indigenous-Led Model for Education Infrastructure Development This spotlight examines Mamawmatawa Holistic Education Centre (MHEC) in Constance Lake First Nation, which comprises elementary and secondary schools…

Indigenous Economic Realities: $104-billion Opportunity—April 2026

Indigenous Economic Realities: A $104-Billion Opportunity for Indigenous Economic Involvement From coast to coast to coast, Indigenous peoples are showing how project development can be done differently. They are building…

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Industry Lens: Insurance—September 2026

Upward Price Pressures Shaping Prospects Many industries are struggling to find their way in the current environment of elevated uncertainty and heightened risks. But for an industry that puts a…

Assessing Canada’s Beer Excise Escalator—September 2026

Canada’s Beer Excise Escalator: An Economic and Policy Assessment In this research, we address the impacts on Canada’s beer industry and the economy more broadly of automatic annual increases to…

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Housing Market Update for August 2026

Housing Market Adjustments Grind On This month, we describe ongoing stabilization of Canada’s resale market, along with another monthly housing starts decline. What is behind rising existing home sales? Are…

Real GDP Rebounds in Second Quarter

Real gross domestic product (GDP) increased by 0.3 per cent in June, and for the second quarter, real GDP rose by 3.3 per cent (annualized), following a revised first quarter…

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Industry Lens: Food Services—August 2026

Rising Costs Are Reshaping the Outlook Canada absorbed the U.S. tariff shock better than many expected. However, that resilience is now being tested again. Unpredictable CUSMA negotiations and a volatile…

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Industry Lens: Banking—August 2026

Through the Fog, Banking Holds Steady In the near term, output in Canada’s banking industry will grow moderately. This year, output will increase by 2.5 per cent. In 2027, the…

Inclusion and Workforce Innovation: Advancing Equity and Opportunity

Française à suivre Future Skills Centre Podcast: Season 6, Episode 6 Listen on Apple Podcasts Listen on Spotify All Future Skills Episodes In this episode of the Future Skills Podcast,…

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Compensation Planning Outlook—September 2026

Compensation Planning Outlook 2027: Data to Support Competitive Pay Decisions This research summarizes the results of Signal49’s annual Compensation Planning Survey, providing valuable benchmarks for understanding how employers across Canada…

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Compensation Planning Dashboard—September 2026

Compensation Planning Outlook 2027 Dashboard We look at the latest benchmarking data from Signal49’s Compensation Planning Outlook 2027 survey, including salary increase budgets for the current and upcoming years, projected…

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Compensation Planning Executive Slide Deck—September 2026

Compensation Planning Outlook 2027: Data to Support Competitive Pay Decisions—Slide deck In this slide deck, we provide the key findings from our Compensation Planning Outlook 2027 survey, including pay forecasts,…
Series:HR Metrics

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HR Metrics Q2—August 2026

HR Metrics Quarterly: Q2 2026 In this research, we provide access to human resources benchmarking data compiled from a total of 145 organizations, representing 660,967 employees, for the second quarter…

STEM-Trained Women in Critical Industries—July 2026

Act Now or Fall Behind: Mobilizing STEM-Trained Women to Strengthen Critical Industries In this research, we examine what motivates STEM-trained women and men to pursue careers in the key sectors…

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Newfoundland and Labrador’s Five-Year Outlook—September 2026

Population Dynamics Reshape Growth Outlook Newfoundland and Labrador’s real GDP is set to rise by a robust 3.7 per cent in 2026, beating last year’s 3.6 per cent gain and…
13 min read

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Prince Edward Island’s Five-Year Outlook—September 2026

Fewer People Will Test Everything Prince Edward Island Built Prince Edward Island’s economy is being shaped by opposing forces. Resilient consumer spending, public investment, and a recovery in agricultural output…

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New Brunswick’s Five-Year Outlook—September 2026

Charting a Steadier Course Through Structural Headwinds New Brunswick’s outlook has remained the same since our previous forecast, with growth set to lose momentum in 2026 as uncertainty and weaker…

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Ontario’s Five-Year Outlook—September 2026

Ontario Navigates Trade Turbulence Ontario’s economy is projected to grow by just 0.2 per cent in 2026 after a gain of 1.3 per cent in 2025 as global economic uncertainty…
18 min read

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Inclusion and Workforce Innovation: Advancing Equity and Opportunity

Française à suivre Future Skills Centre Podcast: Season 6, Episode 6 Listen on Apple Podcasts Listen on Spotify All Future Skills Episodes In this episode of the Future Skills Podcast,…

Canada’s Skills and Training Ecosystem—August 2026

Unlocking Canada’s Skills Potential: Training Pathways, Participation, and Outcomes Beyond Post-secondary To examine how learners engage with Canada’s skills and training ecosystem, we surveyed 505 learners whose most recent training…

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Higher Education Trend Report: Student Finance—August 2026

Higher Education Trend Report: Student Finance In this data dashboard, we examine the state of student finance in Canada’s post-secondary education sector over a decade, including debt exposure and sources…

WILing to Work: Rebuilding the First Rung of the Career Ladder

This op-ed was originally published by TheFutureEconomy.ca on August 10, 2026. A stronger work-integrated learning system can help Canadian graduates overcome a shrinking entry-level job market and build the skills…

Skills for Canada’s Nuclear Energy Value Chain—August 2026

Built From Within: Skills for Canada’s Nuclear Energy Value Chain This web page introduces an upcoming study from Signal49 Research on how innovation in nuclear technologies will reshape skills demand…

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Commercial Intelligence Skill Trends—July 2026

The New Business Literacy: Commercial Intelligence Skills Trend In this research, we examine two years of job postings data from Signal49’s Vicinity Jobs database to gain insight into demand for…

Two Years Later: What Jasper’s Recovery Can Teach Canada About Building Resilient Communities

Two years ago, the Jasper wildfire altered one of Canada’s iconic mountain communities as homes were lost, businesses closed and residents displaced. The fire damaged infrastructure, but it also disrupted…

Skills for Canada’s Nuclear Energy Value Chain—August 2026

Built From Within: Skills for Canada’s Nuclear Energy Value Chain This web page introduces an upcoming study from Signal49 Research on how innovation in nuclear technologies will reshape skills demand…

Comparison of Nuclear Energy Regulatory Efficiency—June 2026

Time to Build: Nuclear Energy Regulatory Efficiency in Canada, United States, and France In this research, we examine Canada’s nuclear energy regulatory timelines and how we compare with the United…

A Socio-economic Lens on Jasper’s Disaster Recovery—June 2026

Recovering Jasper: Understanding Disaster Recovery Through a Socio-economic Lens This research draws on interviews conducted between September 2025 and January 2026 with government agencies, non-governmental organizations, local businesses, and community…

Climate-Resilient and Affordable Housing in Canada—May 2026

Under One Roof: (Re)building Climate Resilient and Affordable Housing in Canada In this research, we evaluate the exposure of Canada’s social and affordable housing units to floods and large wildfires….

A New Era in Energy in Canada with Mark Parsons and Pedro Antunes

Leadership Perspectives: Economic Matters, Episode 23 Listen on Apple Podcasts Listen on Spotify All Leadership Perspective Episodes In this episode we explore the changing relationship around energy and potential for…

Economic Impact of Genomics in Canada—September 2026

Canada’s Genomics Advantage: The Economic Impact of Genomics in Canada This research examines genomics’ contribution to Canada’s economy. Cutting‑edge technologies and innovations are benefiting multiple sectors, including public health, food…

Productivity Potential of AI Tools in Canada—September 2026

The Right AI Tool for the Job: The Productivity Potential of AI Applications in Canada In this briefing, we examine the productivity effects of AI across four levels: individual AI…

AI on the Horizon: August 27, 2026

Data Centres and Neoclouds Canada’s latest AI news on the economy, society, and policy. In this issue of AI on the Horizon, we look at the rules being drafted for…

Building Canada’s AI Advantage

Française à suivre Future Skills Centre Podcast: Season 6, Episode 4 Listen on Apple Podcasts Listen on Spotify All Future Skills Episodes In this episode of the Future Skills Podcast,…

AI on the Horizon: July 23, 2026 Update

Canada’s latest AI news on the economy, society, and policy. In this issue of AI on the Horizon, we take a close look at the recent developments in initial public…

Comparing Canadian and U.S. Chemistry Patent Holders—July 2026

Who Are Canada’s Key Chemistry Patent Holders? A Comparative Analysis With U.S. Holders Ownership of chemistry patents is significantly more concentrated in Canada than in the United States. On average…

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Housing Market Update for August 2026

Housing Market Adjustments Grind On This month, we describe ongoing stabilization of Canada’s resale market, along with another monthly housing starts decline. What is behind rising existing home sales? Are…

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Canada’s Five-Year Housing Outlook—August 2026

Housing Eyes Near-Term Uncertainty Canadian residential markets continue to feel the impact of Canada’s economic and demographic struggles while facing pressure from a difficult international economic outlook, ongoing consumer stress,…

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Housing Market Update for July 2026

The Existing Housing Market may Have Troughed, but Housing Starts Probably Haven’t This month, we describe a potential bottom for Canada’s resale market, but another monthly housing starts decline. What…

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Major City Insights: Winnipeg—July 2026

Construction anchors growth through 2030 This quarter, we assess how Winnipeg’s economy is holding up in the face of a declining population and international trade uncertainty. To what extent is…

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Major City Insights: Montreal—July 2026

Adjusting to shifting currents This quarter, we assess the threats to Montréal’s economy, including persistent international trade uncertainty and demographic headwinds. How is the decline in population constraining local economic…

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Major City Insights: Victoria—July 2026

Public Sector Cuts to Hurt Victoria’s Economic Growth This quarter, we assess how Victoria’s economy is holding up in the face of a declining population, tighter fiscal policy, and international…

Impact paper
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