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Canada’s Job Market Gains Momentum as Unemployment Drops to 6.5%

  I n October, Canada gained 66,600 jobs and the unemployment rate dropped 0.2 percentage points to 6.9 per cent.  Canada’s labour market showed renewed strength in November , with the unemployment rate falling to 6.5% as the economy added 53,000 jobs . This marks a positive shift after months of slower employment growth, suggesting resilience despite global economic uncertainties. Key Highlights: Unemployment Rate: Down to 6.5%, the lowest in several months. Job Creation: 53,000 new positions added, driven largely by full-time employment. Sector Growth: Gains were seen in professional services, healthcare, and construction, reflecting strong demand across diverse industries. Regional Trends: Ontario and British Columbia led the way in job creation, while some provinces experienced more modest growth. Economic Context: Analysts note that the increase in employment could ease concerns about consumer spending and economic slowdown. However, wage pressures and infla...
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Ontario Braces for First Major Snow Squall Event of the Season



Ontario is gearing up for its first major snow squall event of the season, with meteorologists predicting overwhelming snow totals that could reach up to 50 cm. The multi-day event, starting late Thursday and continuing through the weekend, is expected to impact the traditional snowbelt regions, including London, Guelph, and parts of the Greater Toronto Area (GTA).

Snow squall watches and warnings have been issued for areas on the lee of the Great Lakes, with meteorologists warning of treacherous travel conditions due to intense accumulating snow and near-zero visibility. The coldest air of the season is expected to stir up the lake-effect snow machine, leading to persistent and potent snow squalls.

Drivers are urged to plan ahead and be prepared for sudden changes in weather conditions. While this may be great news for Ontario's ski resorts, it poses significant challenges for road travel.



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