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FX.co ★ Canada’s Labour Force Participation Edges Lower in February 2026

Canada’s Labour Force Participation Edges Lower in February 2026

Canada’s labour force participation rate slipped slightly in February 2026, easing to 64.9% from 65.0% in January, according to data updated on 13 March 2026. The marginal 0.1 percentage point decline suggests only a modest change in the share of working-age Canadians either employed or actively seeking work.

The adjustment in February’s participation rate follows a period of relative stability, with the January 2026 reading also standing at 65.0%. While the move is small, financial markets and policymakers may watch subsequent releases closely to determine whether this marks the start of a trend or simply a minor month-to-month fluctuation in labour market engagement.

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