Labour Force Report

Labour Force Report

Another Weak Labour Market Report For October Employment fell again in October, continuing a stream of lacklustre labour force surveys. Canadian net employment edged downward (-4,700; 0.0%) and the employment rate fell a tick to 60.5%. Employment declined by 68,000 in...
Bank of Canada Update

Bank of Canada Update

The Bank of Canada increased its overnight policy rate by 0.25%, bringing it to 2.5% this morning. The first time the BoC has increased the key rate since July 2023. For those with Adjustable-Rate mortgages or Home Equity Lines of Credit, this change may affect your...
Labour Force Report

Labour Force Report

The Very Weak September Jobs Report For Canada Will Give the BoC Second Thoughts About Hiking Rates Employment fell in September, continuing a stream of lacklustre labour force surveys. Canadian jobs fell by 68,300, wiping out all of this year’s job gains as the...
Labour Force Report

Labour Force Report

Weak August Jobs Report In Canada Takes BoC Tightening Off The Table–The Opposite Is Likely For Federal Reserve  Employment in Canada fell by 41,700 in August, reversing some of the labour market momentum seen in recent months as the manufacturing sector...
Bank of Canada Update

Bank of Canada Update

Bank of Canada Holds Policy Rate Steady Again, As Expected Today, the Bank of Canada once again held the policy rate at 2.25%, the level it has held since October 2025. This is the bottom of the Bank’s estimate of the neutral overnight rate, where monetary...