Canada Adds 18,000 Jobs in June as Unemployment Rate Falls to 6.5%
Canada’s labour market continued to show signs of improvement in June, with the economy adding 18,000 jobs and the national unemployment rate edging down to 6.5%. The latest figures suggest that hiring momentum carried into the start of summer, following a much stronger increase in employment in May. 📊 June Job Growth Beats Expectations The […]
📊 Canada’s Job Market Surprises in May
Canada’s labour market showed unexpected strength in May, adding 88,000 jobs, according to the latest data from Statistics Canada. As a result, the national unemployment rate improved to 6.6%, down from 6.9% in April. This marks the first major employment increase since November 2025 and helps recover some of the job losses seen earlier this […]
Canada Lost Jobs in April as Unemployment Climbed to 6.9%
Canada’s job market slowed down in April, with the economy losing 17,700 jobs and the unemployment rate rising to 6.9%, according to Statistics Canada. Economists were actually expecting job growth, so the weaker numbers came as a surprise. 📉 What Happened? While Canada still has more jobs overall compared to last year, the country has […]
Bank of Canada Holds Rates Steady (April 2026)
The Bank of Canada has decided to keep its key interest rate at 2.25% for now. This comes despite rising oil prices and global tensions. While some expected a rate hike to control inflation, the Bank chose to hold steady and watch how things unfold. No immediate changes, but lots of uncertainty ahead. 📊 What’s […]
Canada’s Job Market Update: March 2026
Canada saw a small rebound in jobs this March, but the bigger picture still shows a slowing labour market. 📊 What Happened in March? Canada added 14,000 jobs in March, according to the latest data from Statistics Canada. While this is a step in the right direction, it only recovers a small portion of the […]
🏡 Ontario Proposes HST Break on New Homes
The Ontario government is planning a temporary tax break on newly built homes to help make housing more affordable. The proposal would remove the full 13% HST on eligible new homes for one year, working alongside the federal government. 💰 What Buyers Could Save If this plan goes through, here’s what it could mean: 🗓️ […]
Canada’s Economy Slows Down
Canada’s economy shrank more than expected in the last three months of 2025. 📉 GDP fell by 0.6% in the fourth quarter, according to Statistics Canada.For the full year, the economy grew by 1.7%, marking the weakest annual growth since the early days of the COVID-19 pandemic. That slowdown happened as businesses reduced their inventories, […]
Canada’s Jobs Report at a Glance 📊
Canada lost 24,800 jobs last month, surprising economists who were expecting modest job growth. The biggest hit came from manufacturing, as U.S. tariffs continue to weigh on export-focused industries. 📉 Employment Fell, But Unemployment Also Dropped Despite job losses, Canada’s unemployment rate fell to 6.5%, down from 6.8%. Why?Fewer people were actively looking for work, […]
📊 Canada’s Unemployment Rate Rises in December
Canada ended the year with a higher unemployment rate, even though more jobs were added to the economy. According to Statistics Canada, the unemployment rate climbed to 6.8% in December, up from 6.5% in November. The increase was driven by more people actively looking for work, not by widespread job losses. 💼 Jobs Still Added, […]
Canada’s Inflation Rate Holds Steady in November 📊
Canada’s annual inflation rate remained unchanged at 2.2% in November, according to new data from Statistics Canada. The reading matched October’s pace and came in slightly below economist expectations of 2.3%. While overall inflation stayed steady, the details show a shift in what is driving prices higher and lower across the economy. Food Prices Take […]