In the past few weeks, news on the Canadian economic front has tilted negative overall.
Statistics Canada came out with a February jobs report that showed employment declined by a net 84,000, which came on top of a loss of 25,000 jobs in January. The cumulative decline makes it the worst start to a year employment-wise since 2009.
GDP figures released late last month showed that Canada’s economy contracted in the final quarter of 2025, capping the weakest year for growth since the pandemic.
