Potential Tariffs Take Their Toll Toronto’s labour market is showing clear signs of strain as economic pressures continue to weigh on employment opportunities. As of February 2025, the city’s unemployment rate remains at 9%, unchanged from the previous month, while
Unlocking the Promise of Affordable Child Care in Toronto: Insights from TWIG’s Report
The Canada-Wide Early Learning and Child Care (CWELCC) agreement’s latest fee reductions beginning 2025, capping daily fees at $22 for children under six reflect a significant policy win for families. This change is projected to save Toronto families nearly $300 million in 2025 alone. However, the impact of these changes on the availability and distribution of child care spaces presents a complex picture worth exploring.
November JobsTO Labour Lowdown
Toronto’s labour market remained in a holding pattern in October with conditions showing little change from earlier this fall. The unemployment rate ticked up marginally to 7.5% but still well below the rates seen during the summer. Over the past
JobsTO Labour Lowdown October
Toronto’s Labour Market Brightens on Good Economic News After months of a sluggish job market in Toronto and across the rest of the country, September’s labour market exceeded economists’ expectations, with the economy adding more than twice as many jobs
Decoding the Drivers: How Toronto’s Insurance Market is Evolving?
Toronto stands as a key player in Canada’s financial landscape, hosting a robust insurance sector marked by major national and international firms. This hub of activity fosters a competitive setting ripe for insurtech startups, fueled by technological advances in AI
The AI Effect: Exploring the New Frontiers of Employment in Toronto
Automation’s impact on Toronto’s labor market is nuanced. Industries such as agriculture, manufacturing, and transportation, which traditionally employ a significant number of lower-skilled workers, are at a higher risk of job displacement due to AI and robotics. However, technology is also a net job creator, promising new roles that currently do not exist and altering existing jobs to work alongside AI, enhancing human labor rather than replacing it.