Canada’s economy gains 54,000 jobs, blowing past expectations and pushing jobless rate down to 5.5%

Canada posted another surprisingly strong month of job gains in a labour market that is on track for one of its best years on record.

“Canada’s labour market seems to have been vaccinated against the global economic flu going around,” Avery Shenfeld, chief economist at CIBC World Markets Inc., said in a note to investors. Economists were anticipating just 7,500 jobs in September, with the unemployment rate unchanged. Canada’s dollar jumped after the report, rising 0.5 per cent to C$1.3227 against its U.S. counterpart at 8:33 a.m. Toronto time. Yields on government two-year bonds increased 9 basis points to 1.63 per cent.

Source: Financial Digest (financialdigest.net)

Good for the Liberal policy!

Well done JT!! A con govt will stop that in its tracks!

Thanks to the Liberal government. Job well done!

Thank you, America! 🇺🇸🇨🇦

And let me guess NP these numbers are all Andy, Jason, and Dougie’s doing.

Thought the next recession was already here. Who to believe?

Until the numbers are revised downward after the election.

What about the 10s of millions unemployed ? These numbers are all fake. Why is MSM not telling us the truth about 25 unemployed people.

Why leave it to way down in the story to show that the majority were public sector jobs? These should be stripped out to show a clearer picture of the economy.

Ford Nation is restoring Ontario Ontario creates new jobs

We lost 21,000 private sector jobs, hired a pile of new government workers... that’s NOT good news...

Shows we don’t need China. Reduce ties and don’t develop any reliance on that country.

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