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Rising unemployment rate and weak job gains point to June Bank of Canada rate cut - Mortgage Rates & Mortgage Broker News in Canada

Summary by Mortgage Rates & Mortgage Broker News in Canada
Following a steep March decline, modest job growth in April suggests tariff impacts are weighing on Canada’s economy, raising the odds of a 25 bps rate cut in June.
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Mortgage Rates & Mortgage Broker News in CanadaMortgage Rates & Mortgage Broker News in Canada

Rising unemployment rate and weak job gains point to June Bank of Canada rate cut - Mortgage Rates & Mortgage Broker News in Canada

Following a steep March decline, modest job growth in April suggests tariff impacts are weighing on Canada’s economy, raising the odds of a 25 bps rate cut in June.

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Mortgage Rates & Mortgage Broker News in Canada broke the news in on Friday, May 9, 2025.
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