Skip to main content
Canada
US
Global
Français
Forecasts
Financial Markets
Economy
Commentaries
Government Finance & Policy
Labour
Real Estate
Consumer
Trade
Business Investment
Provincial & Local Analysis
Commodities & Industry
Future Ready Economy
Media
TD Economics
Analysis covering the globe
Feature
Trending
Canadian Employment (October 2025)
Canada's job market has hit a double, with solid back-to-back job growth in September and October. The labour market is proving a bit more resilient to trade tensions than we had expected, but October's data is not a home run.
November 07, 2025
Updated Publications
2025 Ontario Fall Fiscal Update: Still Eyeing Balanced Budgets
With the province rolling out a bevy of supports for the economy in Budget 2025, Ontario’s fall fiscal update contains little in the way of marquee measures. However, the province is pledging to cut the HST on new homes valued at under $1 million – a move that should support demand and, ultimately, homebuilding activity.
November 06, 2025
Updated Publications
Federal Budget 2025 – Competitiveness focused, but few surprises
The Carney government released its first budget, drawing a line in the sand relative to the previous Liberal government. Gone are the hundreds of income measures sprinkled across different sectors and populations in the Canadian economy. Instead, a new focus on government efficiency and reducing operational costs to fund big spending initiatives on infrastructure, defense and housing, all with the aim of re-orienting Canada’s economy east-to-west, diversifying trade across all three oceans, and
November 04, 2025
Latest Research
Hogtown Blues: Toronto’s Lagging Jobs Market
Toronto’s unemployment rate has jumped nearly 3.5 ppts from its post-pandemic lows, to nearly 9%. That has far outstripped increases recorded in the rest of Ontario and left the region with the fourth highest unemployment rate among Canada’s major urban areas.
October 29, 2025
Economy
Is the Dial-Back of Immigration Having the Intended Impact in Canada?
Last year, policymakers acknowledged that immigration rates were too high relative to the readiness of Canada’s social and economic infrastructure. In response, the government introduced an immigration plan to right-size non-permanent residents and permanent resident targets to allow for some “catch up” in the needed infrastructure. Now the question is whether the policy shift is working to get the intended outcomes on housing and the labour markets?
October 28, 2025
Economy
No Guts, No Glory – Tax and Regulation the Silent Killer of Competitiveness in Canada
Canada’s economic competitiveness is being held back by persistent tax and regulatory barriers, which discourage business investment and stifle productivity growth. Past efforts of tax and regulation reform have failed to meaningfully reduce compliance burdens and promote economic and business dynamism. A truly competitive workforce and economy require a stronger system of infrastructure, regulation, and taxes to support growth.
October 27, 2025
Previous
Next
Updated Publications
Updated Publications
Weekly Bottom Line
November 07, 2025
Updated Publications
2025 Ontario Fall Fiscal Update: Still Eyeing Balanced Budgets
November 06, 2025
Updated Publications
Federal Budget 2025 – Competitiveness focused, but few surprises
November 04, 2025
Updated Publications
Provincial Housing Market Outlook: Location, location, location
October 02, 2025
Previous
Next
Updated Publications
Weekly Bottom Line
November 07, 2025
Updated Publications
2025 Ontario Fall Fiscal Update: Still Eyeing Balanced Budgets
November 06, 2025
Updated Publications
Federal Budget 2025 – Competitiveness focused, but few surprises
November 04, 2025
Updated Publications
Provincial Housing Market Outlook: Location, location, location
October 02, 2025
View more updated publications
Latest Research
Media
WATCH: Derek Burleton discusses Carney Liberal's federal budget with billions in new spending
November 04, 2025
Media
WATCH: Andrew Hencic explains what Canadians can expect from the Federal Budget on MoneyTalk
November 03, 2025
Latest Research
Hogtown Blues: Toronto’s Lagging Jobs Market
October 29, 2025
Media
WATCH: Francis Fong discusses Bank of Canada's rate cut to 2.25% in second straight drop on MoneyTalk
October 29, 2025
Previous
Next
Media
WATCH: Derek Burleton discusses Carney Liberal's federal budget with billions in new spending
November 04, 2025
Media
WATCH: Andrew Hencic explains what Canadians can expect from the Federal Budget on MoneyTalk
November 03, 2025
Latest Research
Hogtown Blues: Toronto’s Lagging Jobs Market
October 29, 2025
Media
WATCH: Francis Fong discusses Bank of Canada's rate cut to 2.25% in second straight drop on MoneyTalk
October 29, 2025
View more latest research
Commentaries
Trending
Canadian Employment (October 2025)
November 07, 2025
Commentaries
Canadian Monthly GDP (August 2025)
October 31, 2025
Economy
Bank of Canada Interest Rate Announcement (October 29, 2025)
October 29, 2025
Consumer
Canadian Retail Sales (August 2025)
October 23, 2025
Previous
Next
Trending
Canadian Employment (October 2025)
November 07, 2025
Commentaries
Canadian Monthly GDP (August 2025)
October 31, 2025
Economy
Bank of Canada Interest Rate Announcement (October 29, 2025)
October 29, 2025
Consumer
Canadian Retail Sales (August 2025)
October 23, 2025
View more commentaries
