The stronger than expected employment gain of 43,100 in October, following a massive 74,100 rise in September, is the most encouraging sign yet that the economy may have shifted into a higher gear. Nevertheless, we suspect that the Bank of Canada will need more convincing evidence before signalling that higher interest rates are coming.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.