Canada’s unemployment rate drops to 6.5% despite economy shedding 25,000 jobs

Posthaste: One sector of Canada’s economy is in deep recession — and we can’t even blame Trump
Brookfield names Connor Teskey new CEO of flagship asset management arm, taking over from Bruce Flatt
U.S. investment giant Apollo taking minority stake in Canadian fitness company GoodLife
Posthaste: Buy or bail? What you should know about gold’s most ‘brutal’ selloff in 40 years

Canada’s economy stalls as manufacturing declines

Canada’s economy stalled in November as a decline in goods production offset expansions in services, Statistics Canada said Friday. Real gross domestic product (GDP) was unchanged in November following a…

New Grocery Code of Conduct won’t have notable impact, insiders say

Canada’s first-ever Grocery Code of Conduct took effect on Jan. 1, but most grocery insiders don’t think there will be…

Bank of Canada holds interest rate at 2.25%, but is ‘monitoring risks closely’

The Bank of Canada held the overnight interest rate at 2.25 per cent on Wednesday, but remains prepared to respond…

Metro hikes dividend as profit drops in ‘challenging operating environment’

Metro Inc. net earnings dropped 12.8 per cent in the first quarter of 2026 amid a “challenging operating environment.” The…

Highlights

Trump administration alleges Nike discriminated against white workers

The U.S. Equal Employment Opportunity Commission said Wednesday that it is investigating Nike for allegedly discriminating against white workers. The…

Elon Musk’s SpaceX acquires xAI
Amazon slashes another 16,000 jobs
Trump sues JPMorgan Chase and CEO Jamie Dimon for $5B over alleged ‘debanking’

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Fewer people looking for work pushed Canada’s unemployment rate to 6.5 per cent in January even as the economy shed 25,000 jobs, Statistics Canada said…

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