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Learn more about our research categoriesHow advancing women equality can add 12 trillion to global growth
Economic Development
A newly released report from the McKinsey Global Institute (MGI) finds that the global economy needs women to achieve its full economic potential if it wants to thrive in the post-pandemic era. While the world has been making progress towards gender equality since the rise of the feminist movement, the …
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The Death and Life of the Central Business District
Economic Development
As the world begins its recovery from COVID-19, it is expected that central business districts (CBDs) will be undergoing a major transformation that rethinks their role in urban life, and approaches a "new normal". The pandemic times have made people realize that work can be done remotely from home. Reduced …
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Posthaste: Canada plummets in ranking of world’s most innovative cities
Economic Development
Major Canadian cities plummet by an average of 95 places in the world's most innovative cities ranking. The annual ranking measures cities ability to foster innovation with indicators such as COVID-19 cases, economic recovery and digital transformation. Critics blame this year’s poor performance on Canada’s uniform centralism policy for stifling …
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Income gap in Canada widening at 'dramatic' pace, CIBC says
Economic Development
An analysis by the Canadian Imperial Bank of Commerce found that lower-paying jobs had a different response to the pandemic than higher-paying jobs. Lower paying jobs were lost and higher-paying jobs were gained. This is illustrated by the fact that high-wage jobs increased by 350,000 over the past year while …
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An age-old argument against minimum wage is that it results in job loss, simply put if labour costs more to an employer, then that employer will employ fewer people. Despite this concern, the majority of countries today do have a minimum wage system in place, but how high minimum wage …
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As COVID-19 has pushed many people to work from home, companies must adapt to having more decentralized workforces. Traditionally, industries tend to cluster together in similar locations, the most obvious example would be the clusters of tech companies in Silicon Valley. Research shows that individuals are more productive if they …
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How upskilling could help cities rebuild after Coronavirus
Economic Development
With the pandemic altering labour markets around the world, could workforce development be the answer to economic issues? Currently, 90% of American cities are expecting revenue shortcomings and unemployment is at a staggering 10.2%. According to a recent survey by the Oliver Wyman Forum, 21% of those who are unemployed …
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