Labour market remains tight, with unemployment and EI numbers at all-time lows
Strong inflation data coupled with housing market rebound makes case for more BoC tightening
Canada’s April inflation figure anticipated to be well below the 5.2% wage growth
Committee needs data confirmation before rate cycle shifts
Once demand revives, aging populations will pressure labour market again
Latest economists' survey points to friendlier conditions this year
Strong growth in healthcare, restaurants and bars
Average hourly wages rose 5.2% but hiring is not happening as broadly
The agreement includes wage increases plus a pensionable one-time lump sum payment of $2,500
The job market is cooling but remains strong by historic standards