Canadians aren't working. Employment has collapsed, as much of Canada slowly emerges from Covid-19 quarantines. In fact, the number of employed persons in Canada is near a 15 year low (see chart below). This probably underestimates the problem because it doesn't include people who are still technically employed but not receiving a paycheque. Many of these people will undoubtedly be added to the unemployment rosters soon.
Canadian Housing Prices Down 10% Since Feb
Canadian Housing Prices Down 10% Since Feb
Canadian Housing Prices Down 10% Since Feb
Canadians aren't working. Employment has collapsed, as much of Canada slowly emerges from Covid-19 quarantines. In fact, the number of employed persons in Canada is near a 15 year low (see chart below). This probably underestimates the problem because it doesn't include people who are still technically employed but not receiving a paycheque. Many of these people will undoubtedly be added to the unemployment rosters soon.