Blockbuster jobs report blasts through expectations in November

December 5, 2025

Strong Canadian Job Growth Drove the Unemployment Rate Down to 6.5% Today’s Labour Force Survey for November blew past expectations for the third consecutive month. The Canadian economy added 53,600 jobs in November, marking the third straight month of unexpectedly strong gains amid US tariffs that otherwise slowed activity. Employment rose by an impressive 180,000 since September, marking the strongest three-month period […]

Canadian headline inflation slowed to 2.2% y/y in October, down from 2.4% in September.

November 17, 2025

Canadian Inflation Slows in October, But Not Enough to Trigger Another BoC Rate Cut in December The Consumer Price Index (CPI) rose 2.2% on a year-over-year basis in October, down from 2.4% in September. The all-items CPI decelerated largely due to gasoline prices, which fell at a faster year-over-year pace in October (-9.4%) than in September (-4.1%). Excluding gasoline, the CPI rose 2.6% in October, matching the […]
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