My guess would be that it is a direct result of tariffs! The car and steel industries have been so impacted, but my guess is the numbers in the States will be worse…if they release actual numbers!
The Trudeau government flooded the zone with immigrants and it will take some time before employment, housing and medical access issues are normalized.
Canada keeps much more accurate data on unemployment than the US. I believe that the US rate has always been correlated and slightly higher than what Canada reports. The US rate is a garbage and meaningless number. Its likely close to 10% in the US and getting much worse quickly.
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The Trudeau government flooded the zone with immigrants and it will take some time before employment, housing and medical access issues are normalized.
Canada's population growth at 0.0% so far this year: StatsCan | CBC News https://www.cbc.ca/news/politics/canada-population-growth-stalls-1.7564569#:~:text=Social%20Sharing-,Statistics%20Canada%20says%20the%20country's%20population%20growth%20stalled%20in%20the,it%20contracted%20by%201%2C232%20people.