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.

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