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Labour Force Survey for March 2022: Canada’s unemployment rate hits a record low
Labour Force Survey for March 2022: Canada’s unemployment rate hits a record low
After a blow-out 337,000 employment rebound in February, employment grew by another 73,000 in March, essentially inline with market expectations.
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According to the latest CSBC survey, Canadian businesses continue to see inflation as their biggest near-term obstacle. A whopping 60% of firms expect inflation to be a challenge, the highest response rate in the history of the survey.
Canadian GDP for July: Defying expectations, a stronger start to the third quarter than anticipated, but a slowdown remains in clear sight
The writing has been on the wall for Canada’s real GDP as slowdown has been underway in the third quarter with falling housing prices and three consecutive months of job losses. July’s data gave Canadians slight reprieve with a surprising real GDP edging growth of 0.1%.
