Former head of Scotiabank's wholesale banking and capital markets business replaces Gregory Tretiak at Power Corp. as of March 18
Longtime president and CEO alleges he was let go without notice
Canada sees first decline in unemployment in over a year
Wage growth is still too hot, but will moderate as employment slows
Strong hiring, wage growth could delay interest rate cuts
The job market is cooling in a mostly painless way — through fewer openings
Growth in average weekly earnings rose in the month
The bank will also publish its quarterly monetary policy report on Wednesday, with new forecasts for the economy and inflation
Employment readings largely stable to close 2023
Population growth must slow sharply before productivity can improve, report says