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flag Statistics Canada releases January jobs report amid concerns over potential U.S. tariffs and economic slowdown.

flag Statistics Canada will release January's jobs report today, with economists expecting a 25,000 job increase and the unemployment rate to rise to 6.8%. flag Despite December's strong job growth of 91,000 and a 6.7% unemployment rate, RBC notes a slowdown in consumer demand and hiring intentions. flag TD warns that if U.S. tariffs are imposed, Canada could face a recession and 7% unemployment by mid-year.

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