Canada lost 47,000 full-time jobs in April, while part-time employment edged up by 29,000.
Highly indebted households are starting to crack under the pressure of monthly payments and rising living expenses.
As of the first quarter of 2026, non-performing mortgage loans in Canada reached approximately $7.2 billion - an increase of about 150% since 2022.
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Last week, we learned that Canada lost 47,000 full-time jobs in April, while part-time employment edged up by 29,000. April’s loss means Canada has shed jobs in three of the first four months of 2026, for a total of