13.03.2026 - Canada Employment data (February):
- Employment Change: -83,9k (Expected: 10,3k; Previous: -24,8k)
- Part Time Employment: 24,5k (Previous: -69,7k)
- Participation Rate: 64,9% (Previous: 65%)
- Unemployment Rate: 6,7% (Expected: 6,6%; Previous: 6,5%)
Canada Labour market has been showing signs or major although irregular tightening for quite some time, and situation only seems to be getting worse.
Huge and unexpected swifts in-between permanent and part time roles imply uncertain and fragile market.
Combined with falling participation rate and growing unemployment at the same time, it paints bleak picture for Canada economy.
Very weak labor data transpire in huge spike in USD value compared to CAD, despite weak GDP data from US itself.
USDCAD (M5)
Source: xStation5
Oil prices jump as markets wait for key earnings releases
Economic Calendar: Time for Tesla and Google Earnings (22.07.2026)
Morning Wrap: AI companies and gold back in favour? (22.07.2026)
Daily Summary: Semiconductors Rise in the Shadow of Geopolitical Turmoil
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
