Statistics Canada Archives

06 Feb

Canada Loses Jobs in January, but Shrinking Labour Force Pushes Unemployment Lower

Rajeev Sharma0 CommentsCanadaCanadian jobs report, labour force decline, manufacturing jobs, Statistics Canada, unemployment rate

Ottawa (Rajeev Sharma): Canada’s economy recorded a net loss of 25,000 jobs in January, but the national unemployment rate edged down to 6.5 per cent as fewer people participated in the labour market, according to new data released by Statistics Canada. The decline in employment was largely driven by losses in the private sector and part-time positions, with women aged 25 to 54 most affected. Despite the drop in jobs, the unemployment rate fell from 6.8 per cent in December, reflecting a notable decrease in the number of Canadians actively seeking work. Ontario accounted for a significant share of the…

29 Jan

Canada trade deficit widens sharply in November as exports slump

Rajeev Sharma0 CommentsCanadaCanada trade deficit, Canadian exports, November trade data, Statistics Canada

Ottawa (Rajeev Sharma): Canada recorded a sharp increase in its monthly international trade deficit in November as merchandise exports fell steeply, led by a significant decline in metal and non-metallic product shipments, data released by Statistics Canada on Thursday showed. The country posted a goods trade deficit of C$2.2 billion (US$1.62 billion) in November, widening sharply from an upwardly revised deficit of C$395 million in October. With the exception of September, when Canada registered a marginal surplus, the trade balance has remained in deficit since February last year, coinciding with uncertainty triggered by tariff threats from U.S. President Donald Trump.…

09 Jan

Canada’s Job Growth Slows in December as Unemployment Rises to 6.8%

Rajeev Sharma0 CommentsCanadaCanada jobs data, Statistics Canada, unemployment rate Canada

Ottawa (Rajeev Sharma): Canada’s labour market showed signs of cooling in December as the country added only 8,200 net new jobs, following three months of strong gains, while the unemployment rate rose to 6.8 per cent, according to data released by Statistics Canada on Friday. The increase in unemployment came as more people entered the labour force in search of work. The figures contrasted with market expectations, as analysts surveyed by Reuters had predicted a loss of around 5,000 jobs and an unemployment rate of 6.6 per cent. Following the data release, the Canadian dollar weakened slightly, trading at 72.05…

08 Jan

Canada Posts Narrower Trade Deficit in October as Imports Outpace Exports

Rajeev Sharma0 CommentsCanadaCanada trade deficit, imports and exports, Statistics Canada, U.S.-Canada trade

Ottawa, January 8, 2026: Canada reported a smaller-than-expected trade deficit of C$583 million in October, as imports grew faster than exports, according to official data released by Statistics Canada on Thursday. Analysts had forecast a significantly wider deficit of C$1.36 billion. Data for September were also revised, with the country’s trade balance adjusted to a surplus of C$243 million from an earlier estimate of C$153 million. October marked Canada’s eighth trade deficit in the past nine months of 2025, a year shaped by global trade uncertainty after U.S. President Donald Trump imposed tariffs on several Canadian imports. During the same…