The Globe and Mail reports in its Saturday edition that the Canadian economy roared back in May with a strong month of job creation. The Globe's Sophia Bertuzzi writes that the labour market added 87,800 jobs in May, Statistics Canada said on Friday, easily outpacing analyst expectations of 10,000 positions added. The unemployment rate fell to 6.6 per cent from 6.9 per cent in April. May's increase in employment was the strongest month for job creation since December, 2024. Despite the rebound, total employment across the country has only risen by 0.7 per cent over the past year, and it's down by 24,000 positions year to date. Gross domestic product has dropped for two consecutive quarters, sparking debate in political circles about whether the country is falling into a recession, though economists on Bay Street say recession talk is premature. "The Canada story remains the same: the economy is hanging in there despite the headwinds from trade and now energy prices," said BMO's Benjamin Reitzes in a client note. "Just when you think Canada is crumbling amid a string of negative data points, things reverse. We've seen this story a few times in the past year. The economy isn't booming, but it isn't falling apart, either."