Chief Economist: Will Dunning

Will Dunning: Will Dunning, who works as the chief economist for mortgage industry group CAAMP, pointed to StatsCan data showing that, of the approximately 59,000 net jobs created in Canada, 45,500 came from the Toronto area , according to Huffington Post. The data for Toronto suggests that employment grew by 1.5 per cent in just one month, he said in an email to HuffPost. If that was correct, it would be equivalent to 19 per cent per year. Employment just does not grow that quickly and Some unusual numbers in Statistics Canadas latest unemployment data, released Friday, have some economists questioning the accuracy of the monthly report. Dunning describes that number as impossible. (www.immigrantscanada.com). As reported in the news.