Statistics Canada to release March unemployment rate today
Global News
Statistics Canada is scheduled to disclose this morning how the job market fared in March, a month after a strong report that saw the unemployment rate fall to pre-pandemic levels.
Statistics Canada is scheduled to disclose this morning how the job market fared in March, a month after a strong report that saw the unemployment rate fall to pre-pandemic levels.
The Canadian economy added 337,000 jobs in February, as the labour market shook off the shock from COVID-19 delivered two years ago.
That more than offset the loss of 200,000 jobs as the unemployment rate fell to 5.5 per cent, below the 5.7 per cent level in February 2020.
National Bank of Canada economist Jocelyn Paquet said she expects flat numbers for the month after February’s “breathtaking” figure, even though the labour market situation likely continued to improve, supported by improvement in the pandemic.
Assuming the participation rate remained unchanged at 65.4 per cent, the bank expects that the unemployment rate should be flat at 5.5 per cent.
However, Derek Holt, head of Capital Markets Economics, anticipates a gain of 125,000 jobs and a decline in the unemployment rate to 5.2 per cent.
The Quebec government has suspended most new international adoption applications because of human rights and trafficking concerns.
Calls are growing to boost police resources at unmanned border crossings and Canadian seaports In the wake of Donald Trump's threats to impose tariffs on Canada.
A Nova Scotia lawyer has lost his appeal of a suspension following an alleged courtroom struggle earlier this year that saw him restrained by deputy sheriffs.
The Edmonton Elks announced the team's new head coach on Monday.
Ontario is urging Ottawat to amend proposed electricity regulations after an analysis by the province's system operator found the rules would cost $35 billion more by 2050.
Converting Toronto’s empty office space into housing will not be a straightforward process – and may not even be feasible in some cases, a new report indicates.
The plan should include measures to increase patrols and technology to crack down on illegal drug trafficking, Poilievre told a news conference on Sunday.
The demand for donations is soaring at food banks across Saskatchewan and as charities prepare for their holiday drives and food programs.
A B.C. woman says she suffers pain and nightmares and is without a car after a dump truck lost two wheels on Highway 1 Thursday, yet the driver got only a 'slap on the wrist.'
Canada Post says it has presented a new framework that it hopes will 'reignite discussions' with the union representing 55,000 striking postal workers.
On Saturday, snow blew off the Great Lakes and closed a stretch of the Trans-Canada Highway in northern Ontario. The Georgian Bay area was blanketed by almost a metre of snowfall.