Pearson gold heist suspect arrested after flying into Toronto from India
Another suspect is in custody in connection with the gold heist at Toronto Pearson International Airport last year, police say.
The unemployment rate in Canada declined slightly to 5.1 per cent in November, according to new data released by Statistics Canada Friday.
The agency says the unemployment rate decreased for the second time in three months, edging it closer to its record low of 4.9 per cent seen in June and July.
“Wage growth is showing no signs of slowing down,” says Mahmoud Khairy, Canadian Chamber of Commerce economist. “This will surely raise flags for the Bank of Canada as it looks to reel inflation in with aggressive hikes.”
Since March, the Bank of Canada has raised its policy rate six times to 3.75 per cent, to tackle inflation.The bank is widely expected to hike its rate again on Dec. 7.
Canada added just 10,000 new jobs in November, compared to the 108,000 jobs added in October.
“Economic growth is still widely expected to slow in the fourth quarter and into the first half of next year,” says Khairy.” As the cumulative impact of rising interest rates and the slowing global economy take a toll.”
Industries such as finance, real estate, insurance and manufacturing saw gains in employment. In contrast, jobs in construction fell by 25,000 and retail trade and wholesale saw a loss of 23,000 jobs.
The number of workers working full time increased by 51,000 this month and has grown by 460,000 year-over-year. Part-time employment remained the same in November, but is down by 91,000 jobs compared to last year.
Employment among women aged 25 to 54 reached 81.6 per cent, its highest level since Statistics Canada began collecting data in 1976.
From The Canadian Press:
Here are the jobless rates last month by province (numbers from the previous month in brackets):
Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities. It cautions, however, that the figures may fluctuate widely because they are based on small statistical samples. Here are the jobless rates last month by city (numbers from the previous month in brackets):
Another suspect is in custody in connection with the gold heist at Toronto Pearson International Airport last year, police say.
Hailey and Justin Bieber are going to be parents. The couple announced the news on Thursday on Instagram, both sharing a video that showcases Hailey Bieber's growing belly.
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A Conservative government led by Pierre Poilievre would not legislate on, nor use the notwithstanding clause, on abortion, his office says, as anti-abortion protesters gather on Parliament Hill.
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A grieving mother is speaking out after her 36-year-old son was shot and killed in North Preston, N.S., Wednesday night.
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A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
The Canada Science and Technology Museum is inviting visitors to explore their poop. A new exhibition opens at the Ottawa museum on Friday called, 'Oh Crap! Rethinking human waste.'
The Regina Police Service says it is the first in Saskatchewan and possibly Canada to implement new technology in its detention facility that will offer real-time monitoring of detainees’ vital health metrics.
The stakes have been set for a bet between Vancouver and Edmonton's mayors on who will win Round 2 of the Stanley Cup playoffs.
A grieving mother is hosting a helmet drive in the hopes of protecting children on Manitoba First Nations from a similar tragedy that killed her daughter.
A chicken farmer near Mattawa made an 'eggstraordinary' find Friday morning when she discovered one of her hens laid an egg close to three times the size of an average large chicken egg.
A P.E.I. lighthouse and a New Brunswick river are being honoured in a Canada Post series.
An Ontario man says he paid more than $7,700 for a luxury villa he found on a popular travel website -- but the listing was fake.