Good morning from Hamilton. 🍁
Canada lost 84,000 jobs in February. That is not a typo. Eighty four thousand.
In one month. The worst non-pandemic job loss on record.
Your landlord noticed. Mortgage brokers noticed. Real estate agents noticed.
Here is what it actually means for your housing decision — and why the
answer is more nuanced than the headline suggests.
Let's get into it.
📊 THE NUMBER
84,000
Jobs lost in Canada in February 2026. One month. The worst non-pandemic
result in recent memory.
Ontario led the decline at 7.6%unemployment — the highest in the country right now.
Alberta? Still falling at 6.3%. Same country. Completely different employment story.

