Minister calls for interest rate cut as Ontario unemployment rate inches higher | CBC News
Briefly

Vic Fedeli emphasized that Ontario's recent job growth is overshadowed by rising unemployment, underscoring the urgent need for the Bank of Canada to reduce interest rates to stimulate job creation.
Statistics Canada reports an alarming increase in Ontario's unemployment rate, rising to 7.6%, driven by more individuals joining the labor force, highlighting the ongoing job market struggles in the province.
Green Party Leader Mike Schreiner criticized Premier Doug Ford's leadership, asserting that the lack of affordable housing and job opportunities is a step backward for Ontario under his administration.
Liberal Leader Bonnie Crombie pointed out that since Doug Ford took office, Ontario's unemployment rate has increased by 1.7%, reflecting a failure in addressing the province's economic challenges.
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