The data released a short time ago by the Canadian economy showed the addition of 40 thousand jobs in May after adding 15 thousand jobs in April, better than expectations that indicated the addition of about 28 thousand jobs. On the other hand, the unemployment rate declined to 5.1% in May, compared to 5.2% in April.

In details, the services production sector added about 81 thousand jobs, while the goods production sector lost about 41 thousand jobs, with a decline in employment in the manufacturing sector by about 43 thousand jobs.

The Canadian dollar is trading higher against the US dollar at 1.2737 levels.