Conservative Shadow Minister for Employment Garnett Genuis (Sherwood Park-Fort Saskatchewan, Alta.) issued a statement: “StatCan confirms that Canadians saw fewer job opportunities in August as employment fell, while the employment rate dropped to 60.8 per cent. Nearly 35,900 full-time jobs were lost along with 5,800 part-time ones. Young Canadians continue to be impacted as employment for ages 15 to 24 fell by 19,000 in August, while youth unemployment climbed to 12.9 per cent. At a time when young people are struggling to find work, save for their first home, or start a family, they are getting shut out of the labour market.” He called on Parliament to reconvene immediately and introduce Conservatives’ emergency Economic Action Plan:

• Eliminate capital gains taxes on reinvestment in Canada;
• Unleash our resources by greenlighting the 500 projects currently awaiting federal approvals; 
• Repeal anti-development policies like C-48, C-69 and the Industrial Carbon Tax; and
• Grow the automotive sector with an auto plan that would boost production.

Contact olobcocom@parl.gc.ca.

Canada’s labour market showed its first real signs of strain in August, with almost every major indicator pointing to weakening employment conditions, says CPA Canada’s chief economist David-Alexandre Brassard. “Monthly job data can be volatile, but rarely do all labour market indicators move in the same direction,” he says. “August may be the first real crack in Canada’s armour, with job losses, weaker full-time employment and slowing wage growth all pointing to worsening labour market conditions.” Contact media@cpacanada.ca.

Statistics Canada published the Labour Force Survey, August 2026. Employment declined by 42,000 (-0.2 per cent) in August and the employment rate fell 0.1 percentage points to 60.8 per cent. The unemployment rate was unchanged at 6.4 per cent. The full release is available online.

Statistics Canada issued data on sawmills, June 2026. Lumber production increased 0.2 per cent from May to 3 894.4 thousand cubic metres in June. Production was down 1.9 per cent from June 2025. The full release is available online.

Statistics Canada released the Farm Product Price Index, June 2026. The Farm Product Price Index rose 4.0 per cent in June compared with the same month one year earlier. This increase was mainly due to the gain in the cattle and calves index (+17.5 per cent), which more than offset the declines in the indexes of hogs (-6.4 per cent) and total crops (-0.2 per cent). The full release is available online.

Statistics Canada announced the creation of the Sector Based Producer Price Indexes. These indexes have been built to measure price changes across four producer sectors—energy, non-energy, goods and services—using a methodology developed by the Bank of Canada. The indexes will be published for the first time on October 9, 2026. These data support research on firms’ price-setting behaviours and inflation dynamics, including the development of economic models. The full release is available online.