Home FeaturedUnemployment rate up, 84,000 jobs lost in ‘very bad’ February jobs report
The Can-Am Spyder is assembled at BRP Inc. manufacturing facilities in Valcourt, Que., on Monday, Jan. 26, 2026. THE CANADIAN PRESS/Christinne Muschi

Unemployment rate up, 84,000 jobs lost in ‘very bad’ February jobs report

by The Canadian Press
written by The Canadian Press
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By Craig Lord Statistics Canada reported a sharp drop in employment Friday that caught economists by surprise. "This was a very bad report on almost every single measure," said CIBC senior economist Katherine Judge. StatCan said Friday that Canadian employers collectively shed 84,000 positions in Fe...

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