Despite a rate cut by the Bank of Canada, the country’s housing market remained slow. Prime Minister Justin Trudeau was in Washington D.C. this week, attending the NATO summit.Story continues below advertisement
The 25-basis-point rate cut in June didn’t translate to a surge in sales last month, data from local boards shows. And fewer than half of students between semesters have been able to find a summer job this season, according to Statistics Canada.There are two primary reasons why the unemployment rate is rising for Canada’s youngest workers.
More and more young workers competing for fewer and fewer positions has led to a “gridlock in the job market,” explained Brendon Bernard, senior economist at job search site Indeed.Poilievre calls Trudeau a ‘joke’ on world stage, won’t commit to NATO timelinefor 18 beverages sold by the brands Silk and Great Value. Almond, oat, coconut and cashew milks were part of the recall, which was triggered by an investigation into a foodborne illness outbreak, the CFIA said.