34,300 jobs were created in August in Canada
As per Statistics Canada, Canadian economy saw 34,300 new jobs in August. The numbers covered the 30,400 positions Canada lost in July.
"It's likely to support the already hawkish stance of the Bank of Canada. We've had a slew of some disappointing domestic data recently, so this is a positive development for the Canadian dollar," Scotiabank chief currency strategist Camilla Sutton said.