Royce Mendes

Head of macro strategy, Desjardins

Appears in 1 story

Last updated Nov 9, 2026

Stories

Canada's job market erases 2026 gains with back-to-back monthly losses

Money Moves

Expected the Bank of Canada to hold on October 28; it raised rates instead

Canada's unemployment rate rose to a six-month high in October, Economy News reported on November 6. The increase followed back-to-back job losses in August and September that erased the gains made earlier in 2026.

Updated 2 days ago