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Jan Labour Force Survey & Dec Trade Balance Preview-- Fri 8:30 EDT

CANADA DATA
MNI (Ottawa)
  • Economists project -48K employment and 8.9% unemployment rate
  • December initially reported as -62.6K and 8.6%, then revised with recent Census data to -52.7K and 8.8%.
  • Jan employment seen declining for the second month in a row as the second-wave limitations increased.
  • Trade balance seen at -CAD2.6B vs prior -CAD3.34B.
  • December trade deficit likely to narrow on increased auto and energy exports.
  • Exports of forestry products also expected to contribute to Dec gain.
MNI Ottawa Bureau | +1 613-981-1671 | anahita.alinejad.ext@marketnews.com

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