Economists expect Canadian jobs market flatlined, unemployment rose slightly in June
July 11, 2025
Statistics Canada is set to report employment figures for June today.
A Reuters poll of economists expect the pace of hiring stalled in June, with no change in employment predicted, according to LSEG Data & Analytics.
Unpublished Newswire
Good morning. All eyes are on the verdict in the Hockey Canada trial today. More on that below, along with the conclusion of the premiers’ meeting and the rising risk of starvation in Gaza, but first:Today’s headlinesA report shows that a Canadian man who died in ICE custody was previously flagged for health concerns Algoma Steel is seeking up to $600-million from Ottawa in emergency trade war reliefFrom the Mastering It series: How this miniaturist made it big with her tiny creations
July 24, 2025 - 06:42 | Sierra Bein | The Globe and Mail
None of the tech oligarchs currently promoting AI technology are even trying to pretend its impact will be gentle or gradual. If anything, most are positively effusive about how quickly it will render everything else—right down to people themselves—obsolete throughout a host of vital industries and in the arts.
It’s the kind of moment that invites a familiar concept: creative destruction. I originally associated the phrase with Joseph Schumpeter, but it actually has its origins in Karl Marx. In the latter’s work, it referred to the ingrained tendency of capitalism toward...
July 24, 2025 - 06:30 | Luke Savage | Walrus
It Will Cost You
In “Sticker Shock” (January/February), Ira Wells details how rising costs of living would influence the election. Wells attributes this to COVID-19 supply chains and Loblaw’s price gouging, among other reasons, but neglects to point out that our diets, housing, and vehicle choices give us lots of room to mitigate inflationary pressures. Wells makes no mention of the role of climate change in diminished food supply and prices worldwide. Canada is one of the wealthiest countries and therefore relatively insulated from the food scarcity behind so much of the global distress...
July 24, 2025 - 06:29 | Readers | Walrus
Comments
Be the first to comment