Quebec records largest provincial job decline in September 2026
What happened
Quebec recorded the largest provincial job decline in September, losing 68,000 jobs. This follows a loss of 42,000 jobs in August. The Canadian dollar subsequently slipped to approximately US$0.70, its lowest level since spring 2025.
From torontosun.com
Why it matters
The job losses contribute to a faltering Canadian labor market, which currently has 41,200 fewer workers than at the start of 2026. Additionally, the weak Canadian dollar could drive up inflation on imported agri-food products, with fruit inflation potentially reaching 4.0% and vegetable inflation 5.5% if the dollar falls to US$0.68.
Quebec is central to Canada's economic transformation.
From torontosun.com
Who's involved
- QuebecThe province that recorded the largest provincial job decline in September 2026
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- QuebecSpeculative
Businesses in Quebec might face increased costs for imported agri-food and seafood products due to the weak Canadian dollar.