4min chapter

The Loonie Hour cover image

Central Banks Have Not Yet Won The Fight on Inflation

The Loonie Hour

CHAPTER

What Happened to the Job Market?

Toronto leads the pack down 14.2%, Ottawa down 10.7 and Vancouver down 6.6. The sole outlier again continues to be Calgary up 6.1%. I think most of the jobs from the services sector, I think, Rich, will you share with us? But so it's coming back now to the Bank of Canada, which once again, they're in an awkward position. Can you ever think of a central bank or be an awkward? Have you ever seen that before? Well, can I say my piece? They're going to raise rates again. We'll talk about that later.

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