Canada unemployment rises to 6.7% as central bank retains inflation priority

Figures released 7 November 2026 show the jobless rate hit its highest level since March, while inflation risks remain the top policy focus.

Priya Anand

Markets Analyst

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As of 2026-11-08 01:03 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.

Canada's unemployment rate rose to 6.7% in October, up from 6.5% in September. This is the highest level recorded since March.^[1]