Here are the Canadian employment numbers courtesy of Statistics Canada that tell the story of 2014. Jobs losses were 4,300 with full time employment increasing 53,500 and part-time decreasing 57,700. For the year, employment rose by 185,700.
Let’s keep in mind, however, that employment numbers are a lagging indicator. The drop in oil prices and the knock on effects in oil sands jobs will be reflected in the coming months. This is in turn should also see a multiplier effect in the form of housing and jobs dependent on growth in the resource sector.