Bay Street weighs 'shock and awe' from BoC after job surge - BNN


3/11/2022 12:00:00 AM3 years 1 month ago
by BNN Bloomberg

The scorching-hot employment landscape has convinced economists of the need for additional rate hikes from the Bank of Canada. The only question is how many, and how quickly.

Canada's notoriously hard-to-predict labour market didn't disappoint in February. Almost 337,000 jobs were added in the month, far outpacing expectations. And the unemployment rate fell a full percen… [+2057 chars]

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