Canada unexpectedly sheds 45.9K jobs in December

|By:, SA News Editor

The loonie quickly dives to new multi-year lows vs. the greenback after Canada reports a loss of 45.9K jobs in December and a 0.3 point rise in the unemployment rate to 7.2%. Consensus had called for a gain of 14K jobs.

FXC -0.6% premarket and the loonie is buying just $0.9146 - the least since mid-2009.

Canada ETFs: EWC, FXC, CAD, CNDA, FCAN, EWCS