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In Canada, recession fears continue to be pushed further into the future, as the economy’s labor market hums along. After adding a stellar 150,000 new jobs last month, Canada’s employment increased by 22,000 in February.
Job gains were strong across in-person work, with healthcare leading the way at 15,300 new jobs. Similar to the U.S., concerns over a white-collar recession continue to persist as tech layoffs dominate the news cycle. The losses in the information sector (which include tech-related jobs) and finance indicate an ongoing cooling trend to watch closely over the next three to six
