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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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Index of Business Confidence for October 2026

Economic Uncertainty Tempers Momentum, but Confidence Endures Our Index of Business Confidence held steady at 81.5 in the third quarter of 2026, but remains well below historical norms and has…

Inflation Stays Elevated in September, but Core Measures Remain Contained

In September, the Consumer Price Index (CPI) rose by 3.1 per cent year-over-year (y/y), which was higher than August’s 3.0 per cent increase. Gasoline prices rose by 6.1 per cent…

Labour Markets Failing to Gain Momentum Once Again

Employment declined by 68,000 (-0.3 per cent) in September, following a 42,000 decline in August. The labour force participation rate fell by 0.2 percentage points to 64.8 per cent, while…

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Index of Consumer Confidence for September 2026

Confidence Edged Lower Again in September The Index of Consumer Confidence slipped 6.9 points in September to 57.9 (2014 = 100). Consumer sentiment fell for the second month in a…
Series:GrowthNow

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GrowthNow for May 2026

Momentum amid heightened uncertainty In this monthly report, we analyze the latest economic trends—including trade and employment—and provide a real-time forecast of Canada’s real GDP growth. What does our nowcast…

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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…

Retombées économiques de la mise en service d’une centrale nucléaire EC6 en Saskatchewan

English Principales conclusions La mise en service d’une centrale nucléaire à deux réacteurs Enhanced CANDU 6 (EC6) en Saskatchewan injecterait 45,9 milliards de dollars (en dollars de 2026) dans le PIB…

Inflation Stays Elevated in September, but Core Measures Remain Contained

In September, the Consumer Price Index (CPI) rose by 3.1 per cent year-over-year (y/y), which was higher than August’s 3.0 per cent increase. Gasoline prices rose by 6.1 per cent…

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Labour Markets Failing to Gain Momentum Once Again

Employment declined by 68,000 (-0.3 per cent) in September, following a 42,000 decline in August. The labour force participation rate fell by 0.2 percentage points to 64.8 per cent, while…

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Housing Market Update for September 2026

Easing Home Sales and Housing Starts Reflect a Soft Economy This month, we describe a decline in Canadian existing home sales and continued easing in housing starts. Why are transactions…

Economic Impacts of Deploying a CANDU EC6 Nuclear Reactor in Saskatchewan

Français Key Findings Deploying a two-unit CANDU EC6 reactor in Saskatchewan would generate $45.9 billion (2026 $) in Canadian GDP over its 71-year project lifecycle. Local procurement strategies and the…

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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…

Neurodivergent Work-Integrated Learning—October 2026

Fostering Neurodivergent Talent: Participation, Barriers, and Experiences in Work-Integrated Learning This research examines neurodivergent learners’ experiences with work-integrated learning programs: learners’ awareness of programs and perceived value; participation rates; neurodivergence…

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…
Series:Trade

A Strong Trade Month, but Clouds are Gathering

Canada’s merchandise exports rose 2.5 per cent in August. Meanwhile, imports were down 2.0 per cent. As a result, Canada’s merchandise trade surplus widened from $787 million in July to…
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…

Artificial Intelligence for Drug Discovery—October 2026

Innovation and Technology Spotlight: Artificial Intelligence for Drug Discovery This spotlight explores the emerging role of artificial intelligence (AI) in drug discovery and examines Canada’s position within this rapidly evolving…

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,…

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…

Retombées économiques de la mise en service d’une centrale nucléaire EC6 en Saskatchewan

English Principales conclusions La mise en service d’une centrale nucléaire à deux réacteurs Enhanced CANDU 6 (EC6) en Saskatchewan injecterait 45,9 milliards de dollars (en dollars de 2026) dans le PIB…

Economic Impacts of Deploying a CANDU EC6 Nuclear Reactor in Saskatchewan

Français Key Findings Deploying a two-unit CANDU EC6 reactor in Saskatchewan would generate $45.9 billion (2026 $) in Canadian GDP over its 71-year project lifecycle. Local procurement strategies and the…

GDP Flat in July

Real gross domestic product (GDP) was essentially unchanged in July, following a 0.4 per cent rise in June, as both goods-producing and services-producing industries did not see much movement in…

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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…

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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Quebec’s Five-Year Outlook—October 2026

Trade Uncertainty and Demographic Pressures Quebec’s economy faces a difficult near-term environment and a gradual shift toward more structural forces over the medium term. Continued weakness is on tap in…

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Saskatchewan’s Five-Year Outlook—October 2026

Digging Into the Next Growth Cycle Saskatchewan’s economy is expected to maintain steady growth despite ongoing trade tensions with the United States and broad geopolitical headwinds, with real GDP forecast…

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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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Neurodivergent Work-Integrated Learning—October 2026

Fostering Neurodivergent Talent: Participation, Barriers, and Experiences in Work-Integrated Learning This research examines neurodivergent learners’ experiences with work-integrated learning programs: learners’ awareness of programs and perceived value; participation rates; neurodivergence…

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Defence Skills Trends—October 2026

The Force Behind the Force: Defence Skills Trend In this research, we examine job posting trends for occupations in defence and defence-related industries from 2023 to the first half of…

PSE Student Experiences With Generative AI—September 2026

AI Adoption Outpaces Readiness: Student Experiences With Generative AI in Canadian Post-Secondary Education With AI becoming increasingly embedded in education and the workforce, this research summarizes the results of Signal49’s…

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…

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…

Artificial Intelligence for Drug Discovery—October 2026

Innovation and Technology Spotlight: Artificial Intelligence for Drug Discovery This spotlight explores the emerging role of artificial intelligence (AI) in drug discovery and examines Canada’s position within this rapidly evolving…

PSE Student Experiences With Generative AI—September 2026

AI Adoption Outpaces Readiness: Student Experiences With Generative AI in Canadian Post-Secondary Education With AI becoming increasingly embedded in education and the workforce, this research summarizes the results of Signal49’s…

AI on the Horizon: September 28, 2026

Is Canada ALL IN? Canada’s latest AI news on the economy, society, and policy. In this issue of AI on the Horizon, we look at Canada’s recent ALL IN AI…

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…

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Major City Insights: Saskatoon—October 2026

Growth momentum rolls on This quarter, we look at how Saskatoon is holding off the economic weakness weighing down many other cities across Canada. Which sectors of the local economy…

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Major City Insights: Hamilton—October 2026

Another tough year before conditions improve This quarter, we take stock of the challenges facing Hamilton’s economy, including U.S. tariffs on steel and aluminum and cooling population growth. Which sectors…

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Major City Insights: Vancouver—October 2026

Resilient but not without challenges This quarter, we take stock of the threats to Vancouver’s economy, including a shrinking population, global economic uncertainty, and the ongoing U.S. trade conflict. Despite…

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Major City Insights: Kitchener–Cambridge–Waterloo—October 2026

Economy Contends with Multiple Setbacks This quarter, we assess the effects on Kitchener–Cambridge–Waterloo’s economy of its exposure to manufacturing, difficult reorientation away from reliance on foreign students, sagging population growth,…

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Major City Insights: Ottawa–Gatineau—October 2026

Government Cutbacks Weigh on Growth, Recovery Ahead This quarter, we take stock of how federal spending cuts, cooling population growth, and persistent uncertainty are affecting Ottawa–Gatineau’s economy. How much are…

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Major City Insights: Montreal—October 2026

Steering through a soft patch This quarter, we take stock of the headwinds buffeting Montréal’s economy, including continued international trade uncertainty, soft export demand, and weak demographics. How is the…

Impact paper
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