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Canadian unemployment rate jumps near 8-year high

Canada's unemployment rate rose more than expected to 6.8 per cent in November, a near-eight-year high excluding the pandemic years, even as the economy added a net 50,500 jobs, data showed on Friday, likely boosting chances of a large interest rate cut next week.

opinion

opinion What does a weak Canadian dollar mean for travellers?

As the Canadian dollar loses ground against major global currencies, personal finance contributor Christopher Liew explains how current exchange rates can impact your travel plans, and shares tips to help you plan smarter and protect your wallet.

CTVNews.ca Top Stories

Canadian unemployment rate jumps near 8-year high

Canada's unemployment rate rose more than expected to 6.8 per cent in November, a near-eight-year high excluding the pandemic years, even as the economy added a net 50,500 jobs, data showed on Friday, likely boosting chances of a large interest rate cut next week.