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5 Things to Know Today: Job Losses, a Sliding Loonie and Budget 2026 (Nov. 7)

  Canadian Money Brief · Saturday, November 7, 2026 Canada’s job losses stretched to a third month, the loonie took its biggest one-day hit since January, and the federal budget landed with a few items for your wallet. Here’s what to know today. 1 Canada’s job market has now lost jobs three months in a row Statistics Canada said the economy shed 4,700 jobs in October, well short of the gain of about 13,600 economists expected. The unemployment rate rose to 6.7% from 6.5%, a six-month high. That follows losses of 42,000 in August and 68,000 in September, and the country has added just 17,000 jobs over the past 12 months. Alberta lost 24,000 jobs, youth unemployment climbed to 13.7%, and average hourly wages were up only 2.2% from a year earlier. What it means for you: Wages are rising 2.2% a year while September inflation was 3.1%, so paycheques are losing ground. If your income feels less certain, this is a good week to check that your emergency fund covers three to six months of ...
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"Believe you can and you're halfway there," by Theodore Roosevelt

 



Certainly! The quote, "Believe you can and you're halfway there," attributed to Theodore Roosevelt, is a powerful and inspirational message about the importance of self-belief and confidence. Here are some thoughts on this quote:

  1. 1. Positive Mindset: The quote emphasizes the significance of having a positive mindset and self-confidence. Believing in yourself and your abilities is the first step toward achieving your goals.


  3. 2. Motivation: This quote can serve as a source of motivation. It reminds us that our beliefs play a significant role in our success. When you believe in your capabilities, you're more likely to take action and persevere, even in the face of challenges.


  5. 3. Overcoming Doubt: Doubt and insecurity can often hold people back from pursuing their ambitions. This quote encourages individuals to push past their self-doubt and embrace the power of self-assurance.


  7. 4.. Self-Fulfilling Prophecy: The idea behind the quote is reminiscent of the concept of a self-fulfilling prophecy. If you believe you can achieve something, you're more likely to work towards it with determination and, in turn, increase the chances of success.


  9. 5. Halfway There: The quote implies that believing in oneself is not the only thing required to achieve a goal, but it's a critical first step. To reach your destination, you must take action, put in effort, and persist in the face of challenges. However, having the right mindset is often the catalyst for those actions.

Overall, this quote encourages a proactive and confident approach to pursuing one's goals and ambitions. It reminds us that our belief in ourselves can be a driving force that propels us toward success.








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