Canada unemployment rate surges to 7.1% in Aug

The unemployment rate in Canada has risen to 7.1% in August, the highest level since May 2016 outside of the pandemic era, StatCan reported Friday.

Canada GDP shrinks 0.4% in Q2, is it all gloomy?

Canada's GDP contracted by 0.4% (or 1.6% annualized) over the second quarter, amid a 7.5% (26.7% annualized) drop in exports as the impact of US-imposed tariffs started to bite.

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