According to CoinMeta, data released by Statistics Canada on Friday showed that in July, the number of employed people in Canada unexpectedly increased by 75,100, and the unemployment rate dropped slightly from 6.5% in June to 6.4%, reaching its lowest level in two years. This indicates that the Canadian economy is on the path to recovery. Following the release of the data, the Canadian dollar quickly rose to a new high during trading, with an increase of up to 0.5%. During this period, the total number of employed people in Canada increased by 181,100, marking the largest employment growth in three months since U.S. President Trump began imposing tariffs on Canadian goods. Recent economic data indicates that after a year of stagnation, the Canadian economy has shown a clear rebound in the second quarter.