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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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How to Save Money on Your Spring Travel Adventures

 

As the days grow longer and the weather warms up, many Canadians are itching to embark on spring getaways. Whether you’re planning a tropical escape or exploring local gems, here are some savvy travel hacks to help you save money and make the most of your next trip:

1. Choose an Affordable Destination

Selecting budget-friendly destinations can significantly impact your travel expenses. Consider places where your Canadian dollar stretches further. For instance:

  • Indonesia: Enjoy five-star hotels for as low as $55 Canadian per night.
  • Vietnam: Savor fresh seafood and beer for a fraction of the cost.
  • Thailand: Explore beautiful beaches and vibrant markets without breaking the bank.

2. Leverage Travel Credit Cards

Use travel credit cards to your advantage. These cards offer perks like discounted flights, hotel deals, and rewards points. For example:

  • With a co-branded Aeroplan Visa card, you can earn points on purchases and access preferred pricing for Air Canada flights.

3. Book Early Morning Flights

Opt for early morning flights to minimize delays and cancellations. Departing before 3 p.m. reduces the risk of flight disruptions.

4. Take Advantage of Airport Services

Many airports now offer online reservation systems to manage security screening wait times. Programs like YYZ Express at Toronto Pearson International Airport allow you to book your spot in the security line, saving precious time. Similar services exist at Montreal Trudeau International Airport (YUL Express) and Vancouver International Airport (YVR Express).

5. Sign Up for Free Points Programs

Enroll in loyalty programs to accumulate points and enjoy travel perks. Whether it’s airline miles, hotel rewards, or car rental bonuses, these programs can add up to significant savings.

6. Consider Off-Peak Travel Times

Travel during off-peak seasons to avoid crowds and high prices. Spring offers a sweet spot between winter chill and summer rush.

7. Pack Light with Carry-On Luggage

Opt for a carry-on instead of checked bags. Not only will you save on baggage fees, but you’ll also breeze through airports without waiting at baggage claim.

Remember, a little planning and smart choices can turn your spring adventure into an affordable and memorable experience. 

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