Canada lost 51,000 full-time jobs last month according to Statistics Canada .

The quick and easy answer is to blame Donald Trump and the tariffs; the deeper answer is much more worrying.

It’s a sign that Mark Carney needs to start moving faster to unleash the Canadian economy, because right now it is sputtering.

A year ago, Canada’s unemployment rate was at 5.5%, by October of last year before Trump was re-elected it had risen to 6.5%, and it now sits at 6.9%. The only reason it isn’t higher is that many people have given up looking for work and are no longer counted as unemployed.

We have added more than 1.2 million people to the labour force over the last year, primarily through immigration and work permits for foreign students. In that same time, the labour participation rate fell

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