In this episode, we look at the the November Labour Force Survey. Canada added 51,000 jobs, but unemployment hit 6.8%, the highest since 2017 (excluding the pandemic). What’s behind these mixed signals?
Also in this episode:
- Bank of Canada debates interest-rate cuts: Inflation steadies, but unemployment rises—sparking talks of a 50-basis-point cut amid risks of a weakening loonie.
- Bank bonuses surge 12%: Some firms shine with big payouts, while others face challenges. Legal troubles shadow Canadian Western Bank (TSX:CWB)'s delayed earnings.
This content was originally posted on the Beavis Wealth YouTube Channel