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SHIELD Charts

The TSX is soaring while the labour market waits: what that really says about Canada’s economy

This chart shows a sharp divergence between the TSX Composite Index and Canada’s job vacancy rate. While the stock market has surged, job vacancies have steadily fallen, highlighting the emergence of a two-speed economy.

Link to Article

Components of GDP - % Change Q2 2025

This chart highlights how the exports of goods and services have dipped noticeably in Q2 of 2025. Imports have also declined during this period.

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Fewer jobs, fewer hours, less pay.

This chart shows that the growth in wages varies by age group and employment type, with the younger workers facing steeper declines in average weekly wages and average hourly wages between August 2024 and 2025. It also highlights how every other age group has managed to rise, forcing one to question what is happening with youth employment. 

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Labour productivity fell in Q2 as firms held onto workers

This chart showcases how productivity in certain sectors has remained stagnant since 2023. With all sectors being drastically affected in 2020 due to COVID-19.  

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Change in monthly merchandise exports into 2025

Counter-Tariffs are Impacting your Shopping Cart: Will their removal bring relief?

This chart illustrates how there has been a sharp decline in Canada's total change in merchandise exports, so far in 2025. It is a staggering decrease of $8.3 billion since the beginning of the year.

Link to article

Counter-Tariffs are Impacting your Shopping Cart: Will their removal bring relief?

Counter-Tariffs are Impacting your Shopping Cart: Will their removal bring relief?

This chart highlights how counter-tariffs have caused the prices of several items, such as bacon and beef, to surge drastically between August 2024 and 2025. Gasoline was the only good listed that decreased during this time.

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Digitally Delivered Services are a Fast Growing Export Opportunity - Why did they stall?

The graph shows that Canada's digital service exports surged between 2019 to 2021. However, it has since remained stagnant and regressed slightly.

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Canada's evolving economy by region

This vast comparison chart highlights how employment and unemployment growth vary across the nation. The visual shows how unemployment has risen in every region, with every area sitting above 4% and most sitting above 6%.

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R&D spending in Canada is dominated by foreign firms. We can fix that.

R&D spending in Canada is dominated by foreign firms. We can fix that.

This chart showcases how foreign firms operating in Canada spend 8 times more on R&D on a per firm basis than Canadian-owned firms. This example clearly illustrates what is at stake when R&D in Canada is dominated by foreign firms. 

Link to article
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