Canada's jobless rate plunges to pre-pandemic lows, proving the COVID recession is over

“The country has reached full employment, and worker shortages are beginning to feed into wage pressures,” Karl Schamotta, Chief Market Strategist at Corpay Cross-Border Solutions, said in a note to his clients. “The Bank of Canada is widely expected to upgrade its inflation forecasts and announce another interest rate hike at its next meeting on April 13.” Read the Financial Post here.