Canadian Bonds Surge After Economy Loses Most Jobs Since 2022
Commuters enter Union Station in the financial district of Toronto.
Photographer: Laura Proctor/BloombergThe Canadian economy lost the most jobs in more than four years last month, driving up the unemployment rate to 6.7%.
Employment fell by 83,900 in February, with heavy losses in full-time and private sector work, according to Statistics Canada data released Friday. That followed a 25,000 employment decrease in January.