Canada's economy added nearly quadruple the number of jobs forecasted for December and the unemployment rate surprisingly ticked down to 6.7%, data showed on Friday, giving the central bank breathing room to determine the pace of further rate cuts.

OTTAWA — Canada added 91,000 jobs in December, shattering economist expectations. Statistics Canada’s labour force survey on Friday said the unemployment rate decreased 0.1 percentage points to 6.7 per cent,

Canada’s governing Liberal Party will announce the country’s new prime minister March 9 after a leadership vote that follows the resignation of Justin Trudeau this week

Canada's Liberal Party said late on Thursday it will choose a new leader on March 9 to replace Prime Minister Justin Trudeau. Trudeau announced on Monday that he will step down in the coming months after nine years in power,

President of the Liberal Party of Canada Sachit Mehra, said in a statement, "After a robust and secure nation-wide process, the Liberal Party of Canada will choose a new leader on March 9, and be ready to fight and win the 2025 election.