Canada sheds more than 100,000 jobs in first two months of year

Canada sheds more than 100,000 jobs in first two months of year

February saw the sharpest drop in Canada's employment totals since the Covid-19 pandemic, mostly due to the US tariff squeeze

Canada Loses Over 100,000 Full-Time Jobs in 2026 as Tariff Pressure Weighs on Labour Market

Canada has lost more than 100,000 full-time jobs since the start of 2026, while the national unemployment rate climbed to 6.7%, according to labour figures released Friday. The data adds pressure on Prime Minister Mark Carney as his government attempts to shield the country’s economy from tariffs imposed by the United States. The report shows that February recorded the steepest employment decline since the COVID-19 pandemic. The losses erased mu…