Canada Jobs Report

Ottawa (Rajeev Sharma) — Canada’s labour market suffered a major setback in February 2026 as the economy unexpectedly lost 84,000 jobs, driving the national unemployment rate up to 6.7%. According to the latest Labour Force Survey from Statistics Canada, the decline was far more severe than economists had predicted, marking one of the worst monthly job losses since the COVID-19 pandemic. The report comes at a sensitive time for the Canadian economy, which is currently grappling with trade uncertainty, new U.S. tariff investigations, and the ripple effects of the ongoing conflict in West Asia. Key Figures: A "Brutal" Month for…