Residential Market Commentary – Employment and rate cuts
Posted by: Frank Fik
Canada’s latest employment numbers are widely seen as supporting more interest rate cuts by the Bank of Canada. The economy shed 1,400 jobs in June and the unemployment rate rose to 6.4%, up 0.2% from May. The loss of about 3,000 full-time jobs was somewhat offset by the addition of about 2,000 part-time positions. Economists […]
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