The Canadian economy added 35,200 jobs in December, significantly greater than the 25,000 expected by economists. This partially offsets the 71,000 job losses in November’s Statistics Canada labor market survey. The unemployment rate fell by 0.3 percentage points to reach 5.6%, near the historic low of ... READ MORE >
Canadian election results will test government spending
Canadians returned Justin Trudeau’s Liberals to power on Monday, but the Liberals fell short of securing a majority, in what some commentators are regarding as a “strong minority government.” The Liberals garnered enough support to win Atlantic Canada, Quebec and Ontario with 157 seats (170 is required ... READ MORE >