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Canadian economy lost 33,000 jobs in March, biggest loss since 2022

  • The Canadian economy lost 33,000 jobs in March, marking the biggest decline since January 2022, as reported by Statistics Canada.
  • The unemployment rate increased to 6.7 percent in March, up from 6.6 percent in February, according to Statistics Canada.
  • Job losses were primarily in full-time positions, especially in the wholesale and retail sector, as noted by Statistics Canada.
  • Prime Minister Mark Carney expressed concerns about tariff impacts, stating, 'We will fight against these tariffs.
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Key West CitizenKey West Citizen
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Canada loses jobs for first time in 3 years as US tariffs bite

Employment in Canada fell for the first time in three years in March, the national statistical agency said Friday, as uncertainty over US tariffs led businesses to cut staff and stall hiring.

·Key West, United States
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City News broke the news in Toronto, Canada on Friday, April 4, 2025.
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