No Wonder The Bank of Canada Didn’t Hike Interest Rates Last Month
Posted by: Frank Fik
Statistics Canada released the January Labor Force Survey this morning, reporting a much more extensive than expected decline in jobs last month. The Omicron shutdowns and restrictions took a much larger toll in Canada than expected, as employment fell 200,100 in January and the unemployment rate rose 0.5 percentage points to 6.5%. Ontario and Quebec […]
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