Canada’s job market has witnessed a remarkable start to the year, with a significant rise in new jobs and a decline in unemployment. This presents a potential opportunity for the Bank of Canada to consider adjusting interest rates as pressure and inflation ease. According to data from Statistics Canada, the country added nearly 37,000 jobs … Read more
According to recent employment reports, it is suggested that the Bank of Canada may hold off on lowering interest rates, as the job market appears to be improving. When the job market improves, naturally, interest rates will not decrease. January’s reports show that the economy has added more than 37,000 jobs, exceeding expectations and pushing … Read more
It’s a shock to many as news spreads of Bell planning to slash 4800 jobs and sell off 45 radio stations. Questions arise as to why these layoffs are happening, is the blame placed on over-hiring and high interest rates hindering operations and new ventures? In response, top management acknowledges the difficulty of such decisions, … Read more