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Wealth Professional2h
Labour market not in crisis for now, but rate cuts and better tariff outcome are needed
At BMO, Doug Porter said that the strength in private sector and full-time jobs kept the labour report to a “passing grade” ...
Canadian Mortgage Trends2d
Jobless rate hits 7%, but markets trim odds of July rate cut as job losses come in softer than expected
Canada’s labour market continued to weaken in May, with the unemployment rate rising to 7%—the highest since 2016, excluding ...
Morningstar2d
Canada Unemployment Rate Edges Up to 7% in May — 2nd Update
And while population growth has slowed sharply to its slowest level in four years, the expansion in Canada's labor force for the month and lackluster hiring meant the unemployment rate ticked up ...
Discover Moose Jaw1h
Unemployment rate takes significant drop in Moose Jaw-Swift Current area
According to Statistics Canada, the unemployment rate in the Moose Jaw–Swift Current region saw a significant drop in May compared to the same month last year. Out of a labour force of about 54,900, ...
Windsor unemployment rate climbs to 10.8% in May
Windsor’s jobless rate is the second highest in Canada for the second month in a row, according to new data released Friday ...
Bank of Canada holds key interest rate at 2.75%, cites ‘unusual uncertainty’
The second consecutive hold was in line with market expectations. Officials say potential rate cuts are ahead if tariffs ...
Bank of Canada decision in focus: Is it time to ease or pause?
Global markets are on edge today, anticipating the outcome of the Bank of Canada's (BoC) policy meeting. As investors look ...