The Labour Force Survey for February was released Friday, and comes after January’s report showed the unemployment rate was 6.5 per cent. The net job loss total of 84,000 is the final amount left over after calculating all jobs lost in the month minus the number of jobs added. Story continues below advertisementThe first two months of the year have seen a total of 109,000 jobs lost, including the 25,000 shed in January. This includes wholesale and retail trade, which Statistics Canada says has trended down since October 2025, with a total of 52,000 jobs lost. 2:23 Business Matters: Canadian economy loses 25,000 jobs in JanuaryTwenty-eight thousand jobs were eliminated in goods-producing industries, including construction and manufacturing sectors.

Source: Punch March 14, 2026 01:17 UTC