However, other measures of employment paint a weaker picture of the labour market
Underlying price pressures are still persistently high, the central bank said
Report predicts the first rate cut to come in April, slightly earlier than financial markets expect
Many forecasters anticipate the first rate cut to come midyear
Statistics Canada reports increase in GDP by an annualized rate of 1%, beating expectations
New data from StatsCan shows the drop was more significant in larger companies and foreign-controlled businesses
Drop of 2.9% in January was a sharper deceleration than expected by forecasters
Expected increase in demand for rental housing could fall by about 50% as a result of new policy
Canada sees first decline in unemployment in over a year
The central bank says shelter costs are now the primary driver of above-target inflation