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Canada Employment
Canada's labour market rebound supports commercial real estate stability, with the economy adding 88,000 jobs in May, the largest monthly gain since late 2024.
EconomyCanada
Updated 1 month ago
Read What happened, and who moved.
Canada's labour market rebound supports commercial real estate stability, with the economy adding 88,000 jobs in May, the largest monthly gain since late 2024.
The Bank of Canada held the overnight rate at 2.25 per cent; a higher-for-longer rate environment is curbing commercial real estate investment momentum.
June 2026 brief: job growth defies constraints as employers added 176,000 roles, supporting rental demand and consumer spending across commercial property types.
June 2026 brief: industrial demand is set to rise as a manufacturing recovery broadens, with output up 4.2 per cent month-over-month across most subsectors.