The news came in the wake of 14,000 new jobs and a 6.7 percent unemployment rate reported in March and was mainly created by more people entering the labour force and looking for work, according to StatCan.
Statistics Canada similarly noted that the monthly layoff rate in April remained “in-line with the pre-pandemic average,” suggesting there had not yet been a broader surge in permanent job cuts.
StatCan also reported that the share of Canadians aged 15 and older who are employed fell to 60.5 percent in April, matching a low last reached in August 2025.
The rise in the unemployment rate and loss in positions came with the Bank of Canada’s decision to keep its overnight lending rate steady at 2.25 percent in April, the fourth consecutive rate hold after quarter-point cuts in September and October of last year.
Reactions
Conservative MP Garnett Genuis, his party’s employment critic, called the latest job numbers “troubling news.”Liberal MP Ryan Turnbull, who serves as parliamentary secretary to the minister of finance, said that the reality of Canada being in a “trade war” includes economic impacts and said his party is doing the work to support workers.
“Being in a trade war means we’re all rightly concerned about jobs in Canada,” Turnbull said.
Big Picture
Although Canada posted a gain of 67,000 jobs between April 2025 and April 2026, it has lost 112,000 positions from January to April of this year, the majority in wholesale trade and manufacturing.The most recent similar four-month slide in employment happened between October 2020 and January 2021 during the pandemic.
Statistics Canada said the net job losses over the first four months of 2026 were mainly in full-time work, which shed 111,000 positions over the period.
The last similar decline before the pandemic was in 2009 when the country shed 241,000 jobs in four months.
At the provincial level, Ontario posted a gain of 42,000 jobs in April, partially offsetting a sharp decline of 67,000 jobs in the province in January. The April gains were mainly due to hiring increases in health care and social assistance services aimed at supporting vulnerable individuals and communities, according to Statistics Canada. Quebec, meanwhile posted a loss of 43,000 jobs, especially in retail and wholesale.
An additional statistic cited in the May 8 Statistics Canada report noted that hourly wages in Canada went up 4.5 percent between April 2025 and April 2026, while youth unemployment remained elevated, rising well above the pre-pandemic average to 14.3 percent among Canadians aged 15–24.







