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Wealth Professional3h
Unemployment climbs as Bank of Canada holds firm amid easing tariff fears
Canada’s unemployment rate rose to seven percent in May — the highest since 2016, excluding the pandemic years. The increase ...
Canadian Mortgage Trends3d
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 ...
Canada’s jobless rate hits 7% — worst since 2016, and Mark Carney may be feeling the political heat already
Canada's unemployment rate reached 7%, the highest level since 2016, indicating increased difficulties for job seekers and ...
Wealth Professional6h
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” ...
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 ...
Discover Moose Jaw5h
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, ...
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 ...