StatCan to release July jobs report as economists expect more labour market weakness

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Statistics Canada News

Unemployment Rate

OTTAWA — Statistics Canada is set to release its July labour force survey today.

The unemployment rate has been steadily climbing over the last year as high interest rates send a chill through the Canadian economy.RBC expects it ticked higher again to 6.5 per cent last month.

The central bank's summary of deliberations released Wednesday revealed that some members of its governing council are concerned weak job market conditions could hinder that process.FORM 8.5 PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code 1.

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