Canada

Canadian GDP Grew, Most Industries Did Not—Credit Rises, While Jobs Fall

Canada’s economy is growing, but you’re forgiven if you didn’t notice—you probably work in the majority of industries that didn’t grow. Statistics Canada (StatCan) data reveals real gross domestic product (GDP) increased in February. A minority of industries drove that growth, with finance also getting a boost from loans and mortgages. Separately, the agency released […]

Canada

Canada Lost 370k Payroll Jobs As Tariff Conflict Began… Or Gained 80k

Canadians looking to confirm that Americans obliterated our job market… won’t find this morning’s payroll data very helpful. Statistics Canada (Stat Can) data released this morning, shows the country added tens of thousands of payroll jobs in February. That doesn’t quite match the Trade War-obliterated wasteland narrative we’ve been hearing about. Looking at the unadjusted […]