Seeking Alpha

Canada shows unexpected 7K decline in jobs

  • There's a big miss in Canada's February jobs number, with payrolls falling 7K vs. expectations of a 15K gain. The unemployment rate is flat at 7%.
  • The loonie (FXC) tumbles, -0.7% vs. the greenback at $0.9045.
  • ETFs: EWC, CNDA, EWCS, FCAN
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