Economics

Canada’s Jobs Market Surprises Again With Monster Gain

  • County adds 81.1k new jobs, versus expectations for 20k gain
  • Reaffirms BoC’s view economy is resilient to global headwinds
Labor Market Too Healthy for Bank of Canada to Cut, CIBC's Tal Says
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Canada recorded one of its best months of job gains on record in August, a surprising show of strength by a labor market that has relentlessly powered the nation’s expansion.