Job gains have moderated, StatsCan says
Canadian economy still growing despite interest rates that are at their highest levels since 2007
Statistics Canada reports real gross domestic product grew at annualized rate of 3.1% in Q1
Analysis finds there are no labour shortages for jobs that require high levels of education
Rhys Mendes will become Bank of Canada deputy governor in July while Biden has made two Federal Reserve nominations
Canada’s April inflation figure anticipated to be well below the 5.2% wage growth
Average hourly wages rose 5.2% but hiring is not happening as broadly
Central bank is prepared to raise interest rates further if required
February growth below forecast with contractions in manufacturing, wholesale and retail trade
Held off on a hike, but a cut in policy rate later this year ‘doesn't look like the most likely scenario’