Labour markets weaken in March: Statistics Canada
Monthly payrolls shrink, total labour demand contracts
- By: James Langton
- May 29, 2025 May 29, 2025
- 13:55
Monthly payrolls shrink, total labour demand contracts
Canadian commercial banking and wealth management segment posted a net income of $549M
Revenue rose to $15.7 billion as profit and loan loss provisions increased
Officials call for urgent provincial action to address crisis and climate risks
U.S. labour market remains strong with steady job growth and low unemployment
Imports surge ahead of Trump tariffs, dragging GDP into first decline in three years
Tariffs complicate interest rate decisions, despite Trump's push for lower borrowing costs
Declining real estate values in China helped drive overall drop in real prices
The bank's provision for credit losses amounted to $1.05 billion
Gen Z consumer debt grew by nearly a third in Q1 compared to a year earlier
Results boosted by 'very good trading conditions' following Trump's Liberation Day
Trump's big, beautiful tax bill is causing global investors even more worry about U.S. markets
Higher operating costs seen as the main obstacle to growth
Debt tops $2.55 trillion, with young adults facing the sharpest rise in delinquencies
Tariff-related anxiety eased, with fewer Americans expecting a recession in the next year
Foreign investors have ramped up their holdings of federal debt, NBF reports
Officials say bloc remains committed to securing a deal by July 9
Negative economic shock from U.S. increases urgency of long-standing challenges
"More needs to be done to raise productivity and tackle climate-related risks,” says OECD chief economist Álvaro Pereira
Von der Leyen says Europe is ready to advance talks “swiftly and decisively”
Business leaders urge action ahead of throne speech
U.S. imports soared in anticipation of higher tariffs, group noted