Canada added 88,000 jobs in May.

Canada added 88,000 jobs in May. Not 8,000. Not 18,000. 88,000. Unemployment fell to 6.6%, full-time work surged, and the report came in way stronger than economists expected. That makes the Bank of Canada’s job a lot harder. If you were hoping weak jobs data would force faster rate cuts, this print complicates that story. Canada’s economy still isn’t “booming,” but it’s also not giving the clean recession signal everyone wanted. #CanadianRealEstate #CanadaEconomy #BankOfCanada #InterestRates #JobsReport #RealEstateMarket