'Grinding' rise in unemployment rate means Bank of Canada will start cutting rates again

financialpost.com/news/economy/grinding-rise-in-unemployment-rate-means-bank-of-canada-will-start-cutting-rates-again

Canada’s unemployment rate





in May rose to seven per cent, its highest level since 2016, excluding pandemic years 2020 and 2021, and economists say that may force the





Bank of Canada





to





cut rates





sooner rather than later.
The…

This story appeared on financialpost.com, 2025-06-06 15:34:01.
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