Canada’s economic output shrank in the fourth quarter, marking the slowest pace of annual growth in a decade, outside of the pandemic. But overall, spending was up, which bodes well for the economy in the months ahead. This data comes amid a major U.S. tech firm’s announcement of thousands of layoffs. The company plans to replace workers with artificial intelligence (AI). Heather Yourex-West looks at whether it’s a sign of changes to come for the Canadian workforce.
