The odds of a Bank of Canada rate cut just rose based on this jobs measure, CIBC says
Bank of Canada governor Tiff Macklem during a news conference in Ottawa on June 4. (Credit: Adrian Wyld/THE…
Number of Canadians receiving EI climbs even as unemployment holds firm at 6.9%
“Permanent layoffs are not significantly higher than a year ago, but workers are taking longer to find jobs,…
Canada’s job market sees largest decline since pandemic’s end
“What didn’t change was the unemployment rate, which held steady at 6.9%. Instead, the weak numbers showed up…