Canada’s economy showed more signs of a recovery carried by companies instead of government stimulus, suggesting the central bank may continue raising interest rates.
Employment rose for a fifth straight month in May, a gain of 24,700 that was greater than economists predicted, after a record 108,700 jump in April, Statistics Canada [...]
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Construction employment declined in May as 35,000 workers lost jobs, offsetting most of the increases the industry experienced in March and April, according to a new analysis of federal employment figures by the Associated General Contractors of America.
“Growing stimulus activity was clearly offset by weak private sector demand and diminished state [...]
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