The following is excerpted from the 5 November 2011 edition of the Montreal Gazette.

Ouch. Or as chief economist Avery Shenfeld at CIBC World Markets put it: "Suddenly the jobs market doesn't look quite so rosy in Canada."

It sure doesn't. After a year in which employment growth remained inexplicably strong through thick and thin, it came thumping back to earth in October with the loss of 54,000 jobs. That's the biggest monthly decline since early 2009, when we were in the middle of a recession.

This article is available in its entirety at:

http://www.montrealgazette.com/business/Canada+outlook+tied+United+States/5661845/story.html

__________________________________________________