Canada: Focus on labour force survey this week - NBF

Analysts at National Bank Financial, suggests that the March’s labour force survey will draw the most attention for the Canadian markets this week.

Key Quotes

“No less than 290K jobs were added in the country in the past six months, the best performance since 2002. That pace is unsustainable and we suspect we’ll see a moderation in March.”

“We’re calling for a -15K print. The unemployment rate, meanwhile, should stay put at 5.8%. In other news, Markit’s manufacturing PMI will be available for March.”