December jobs report likely kills chances of Bank of Canada rate hike this year, economists say

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Unemployment rate jumps to 6.8% in December

Statistics Canada says a boost in the number of people looking for work in December drove the unemployment rate higher at the end of the year. (Jan. 9, 2026) ...

Unemployment rate rises to 6.8% as more Canadians search for work

Canada’s unemployment rate rose to 6.8 per cent in December, up from 6.5 per cent the month before, as the number of ...
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Canada’s unemployment rate on the rise: Statistics Canada

In December, employment was little changed (+8,200; 0.0%) and the employment rate held steady at 60.9%. The unemployment rate ...