In a recent article from MSN News, Canada News Media and other online outlets, Chief Economist Charles St-Arnaud was quoted responding to the latest labour force survey data and how the strong numbers mean that another Bank of Canada interest rate hike may be in store as a result.
Today’s Labour Force Survey data suggest the labour market in Canada remains strong and resilient.” St-Arnaud reported. “The low unemployment rate continues to signal that the labour market remains very tight, something the Bank of Canada is closely monitoring.”
St-Arnaud was also quoted on Post X News and News Bit on the recent indicators that households and businesses are continuing to struggle with mounting debt and this may result in an increase in bankruptcies in the first quarter of 2023.
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