Canada's Job Growth Stalls in February With Minimal Gains

Unemployment rate remains steady at 6.6% as net job additions fall far below expectations.

Canada added just 1,100 jobs in February, significantly lower than the 20,000 forecasted by economists.
The unemployment rate held steady at 6.6%, with no change from January's figures.
All job gains came from part-time positions, while full-time employment dropped by 19,700 roles.
The goods-producing sector lost 19,500 jobs, with declines in utilities and manufacturing, while the services sector gained 20,600 positions, led by retail and finance industries.
Economists suggest the data may reflect early impacts of U.S. tariff uncertainty and harsh February weather, with potential implications for future Bank of Canada rate decisions.