
unemployment rate


Strong job growth in December raises doubts about January rate cut
As Canada’s job market surged in December, economists are now questioning whether the Bank of Canada will move forward with another rate cut this month.

Bond market bets on 50-bps Bank of Canada rate cut next week after rise in unemployment
Observers say that if there’s one economic indicator likely to be concerning Bank of Canada officials, it’s the higher-than-expected rise in Canada’s unemployment rate last month.”

Toronto and Vancouver mortgage arrears set to hit highest levels in 10 years, CMHC warns
Mortgage arrears in Toronto and Vancouver are on track to rise to levels not seen in over a decade, according to a new forecast from Canada’s housing agency.

Canada’s job market poses a bigger risk than mortgage renewals: RBC
With mortgage renewal fears easing, RBC warns that a weakening job market could be the bigger threat to Canada’s economy

Rate cut showdown: 25 or 50 bps? Economists split on Bank of Canada’s next move
Strong employment results for September have tempered Bank of Canada rate cut expectations for later this month.

Will rising unemployment hasten the Bank of Canada’s coming rate cuts?
Canada’s labour market stumbled in June, with the unemployment rate rising to 6.4%, up from the previous month.

Canada jobs numbers spike and could delay rate cut: economists
Canada added 90,000 jobs to the national economy in April, according to the latest figures from Statistics Canada, which may cause the Bank of Canada to postpone its first rate cut.

Canada’s unemployment rate surges in wake of strong population growth
Canada’s unemployment rate surged to 6.1% in March, driven largely to population gains outpacing job growth.

2024 rate-cut forecasts being revised following today’s mixed-bag jobs report
Today’s employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the year.