
Economists expect continued rate hikes despite weak jobs data
Canada’s economy is showing some signs of cooling as employment declined for the second month in a row, the latest data revealed on Friday.
Canada’s economy is showing some signs of cooling as employment declined for the second month in a row, the latest data revealed on Friday.
Canada’s labour market just delivered another surprise: a net 30,600 jobs were shed last month, according to Statistics Canada.
Canada’s economy lost 30,600 jobs in July, according to data from Statistics Canada on Friday. This marks the second consecutive month of employment losses for the country.
DesRosiers Automotive Consultants says Canadian auto sales were down 16.2% in July compared with a year earlier because of a shortage of available vehicles.
Once every quarter, Corporate Canada throws a wild assortment of quarterly reports at us. This feels like that day for Q2.
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