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'Well insulated' BC led Canada in lost jobs in May

In May British Columbia shed more jobs than any other province, according to figures Statistics Canada released today.

Earlier this week B.C. Finance Minister Colin Hansen said that he can't predict the future, but the province is well placed to weather global economic volatility. “What I can say with great certainty is British Columbia will do better than just about any other jurisdiction in North America,” he said June 2.

But StatsCan reported today that B.C. dropped 10,000 jobs in May, more than any other province.

The biggest gainers were Ontario (18,000 jobs), Alberta (15,000) and Newfoundland and Labrador (7,600). Prince Edward Island was the only province besides B.C. to lose jobs in May, dropping 1,900.

Andrew MacLeod is The Tyee’s Legislative Bureau Chief in Victoria. Reach him here.

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