The Financial Post had a decision to make on Friday.
In a span of less than two hours, Statistics Canada reported that the economy lost 71,000 jobs in November and the Bank of Canada said Stephen Poloz would retire when his term as governor ends in June.
Significant news on two subjects that we care a lot about around here. We could only hit one of them hard, so we chose Poloz. Canadian central bank governors only retire once every seven years, give or take, and StatCan releases its infamously volatile Labour Force Survey (LFS) once a month.
Besides, how many times have we suggested over the past couple of years that a single LFS report is essentially useless? Answer: Apparently not enough.
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