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 March 13, 2026

written by The Canadian Press March 13, 2026

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

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