Growing the economy from the heart out.
Canada shed a net 88,000 jobs during the month, a sharp stop to a recent stellar performance that saw 2017 produce the biggest increase in jobs since 2002. The drop reflected a record loss of 137,000 part-time jobs, and a 49,000 gain in full-time work.
The employment drop coincided with an increase in the minimum wage in Canada’s largest province — Ontario. That fueled an acceleration of the national wage rate to an annualized pace of 3.3 per cent that was the fastest since 2015.
Canada is only $650 billion broke. (and growing)
CANADA’S FEDERAL DEBT