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Labour Market Stuck in First Gear

Canadian Economics    May 9, 2025

April brought a modest employment gain of 7,400 jobs, yet the unemployment rate edged up to 6.9 per cent. As immigration targets are reduced, population growth slows, and trade tensions persist, Canada’s labour market is poised to face continued headwinds in the coming years.

Quick take  •  3-min read
Maxime Arseneau

Trade Balance Narrows to $506 Million in March

Canadian Economics    May 6, 2025

Tariff threats have caused recent volatility in trade. Between September 2024 and January 2025, total exports increased by 15.7%. Recent tariff threats from the United States government prompted American importers to accelerate shipments to mitigate potential additional costs.

Quick take  •  3-min read
David Ristovski

Confidence Upswing In Spite of Continued Trade Headwinds

Canadian Economics    April 24, 2025

Trade turmoil marks the first cracks in labour market stability. In March, the Canadian economy shed approximately 33,000 jobs, the first monthly decline since July. The strong employment gains observed earlier this year are now at risk of unwinding entirely should uncertainty surrounding tariffs and broader trade policy persist.

Quick take  •  3-min read
Loubna Zebiri

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