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Toronto

Almost half of May job losses in Canada were in Ontario

Published

Job losses 'disproportionately a part-time phenomenon': RBC's Eric Lascelles RBC Global Asset Management, Chief Economist Eric Lascelles says Canada's third wave put the country behind the U.S. in employment rebounds. He says Canada's job losses in May doubled estimates as a result of COVID-19 lockdowns holding back part-time recovery in retail, hospitality and recreation services.