Canada's economy added 76,000 jobs in January, and the unemployment rate went down to 6.6%, despite the possibility of President Donald Trump’s threatened 25% tariffs.
Statistics Canada's latest labour force survey revealed strong employment gains across multiple sectors, with manufacturing leading by adding 33,000 positions.
This is the third consecutive month of job growth.
The youth unemployment rate dropped from 14.2% to 13.6%, signalling growing opportunities for Canada's younger workforce.
Provincially, Ontario created the most new jobs, generating 39,000 new positions, while British Columbia followed closely with 23,000 new jobs.
Since November, Canada added a total of 211,000 jobs, including 147,000 full-time and 64,000 part-time roles.
Workers also saw modest wage improvements, with average hourly earnings increasing 3.5% to $35.99, though this represents a slight slowdown from December's annual gains.
