According to Jinshi, Andrew Grantham, senior economist at CIBC Capital Markets, said today's employment data shows that the Bank of Canada will not rush to cut interest rates and maintains its expectation of the first rate cut in June. Judging from today's data and the previously released GDP data, the Canadian economy is in better shape than previously expected, and it is predicted that the rate cut will be reduced by 25 basis points by the end of this year, eventually falling to 3.75% instead of 3.50%.