Canada's labour market dips sharply

Canada's economy unexpectedly lost a net 83,900 jobs in February, while the unemployment rate rose to 6.7% as job losses occurred across both the services and goods sectors, Statistics Canada data showed on Friday, as US tariffs weighed on the economy.

- 

A drop in the number of jobs this steep was last observed almost 17 years ago if the months of lockdown during the pandemic are excluded, StatsCan said.