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5 Things to Know Today: 68,000 Jobs Lost, a Weaker Loonie and the Oct. 28 BoC Decision

  Oct 12, 2026   Happy Thanksgiving. Canadian markets are closed today, but the numbers that shape your wallet aren't taking the day off. Here are five things to know on Monday, October 12. 1. Canada lost about 68,000 jobs in September, wiping out 2026's gains Statistics Canada reported that employment fell by roughly 68,000 in September, following a 41,700-job drop in August. The unemployment rate edged up to 6.5% from 6.4%. Economists had forecast a small gain. Put the two months together and Canada has lost about 41,200 jobs so far this year, compared with a gain of 211,300 over the same stretch of 2025, according to Reuters. The losses were spread almost evenly between full-time and part-time work and were concentrated in the public sector. Workers aged 15 to 24 lost 48,000 jobs, Quebec shed 49,000, and Ontario's unemployment rate sits at 7.0%, the highest among the large provinces. Average hourly wages were up 2.3% from a year ago. What it means for you: A softening j...
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McDonald’s System Outages Reported Worldwide

 


McDonald’s, the global fast-food giant, faced widespread system outages on Friday, causing disruptions at many of its outlets across the world. The technical glitches led to temporary closures of some restaurants and prompted a flurry of complaints on social media platforms.

Reports of system outages spanned multiple countries, affecting operations in Japan, Thailand, and other regions. The company attributed the disruptions to a “technology outage.”  McDonald’s assured customers that they were actively working to fix the issues.

The chain clarified that the problems were unrelated to any cybersecurity incidents. Customers faced inconvenience due to restaurant closures and service interruptions. Social media platforms buzzed with complaints from patrons who encountered difficulties during their visits.

McDonald’s expressed regret for the inconvenience caused and assured customers that they were diligently addressing the technical hiccups.  The company’s teams worldwide were collaborating to restore normal operations swiftly.

While the system outages disrupted McDonald’s usual operations, the chain remains committed to resolving the issues promptly. As they work behind the scenes to fix the technology glitches, customers can expect a smoother experience in the near future.

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