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5 Things to Know Today: 68,300 Jobs Lost, Loonie at 18-Month Low, BoC Hike Odds Fade

  CANADIAN MONEY BRIEF | SATURDAY, OCTOBER 10, 2026 Canada's job losses pile up, the loonie slides to an 18-month low and the Bank of Canada's rate-hike case weakens. Here's what matters for your wallet this long weekend. 1 Canada lost 68,300 jobs in September Statistics Canada reported 68,300 fewer jobs in September, far worse than the roughly 9,200 gain economists polled by Reuters expected. The unemployment rate rose to 6.5% from 6.4%. It follows a 41,700 drop in August, which means Canada has now lost a net 41,200 jobs in 2026 (versus a gain of 211,300 at this point last year). Education plus health care and social assistance lost 58,400 jobs, manufacturing fell by 12,700 and youth employment (ages 15 to 24) dropped by 48,000. The participation rate slid to 64.8%, its lowest in 29 years outside the pandemic. What it means for you: Average hourly wages for permanent employees rose 2.3% year over year, which is slower than August inflation of 3.0%. If your pay isn'...
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Solar Eclipse 2024: A Celestial Spectacle Over Canada

 


On April 8, 2024, Canadians will witness a rare and awe-inspiring event—the total solar eclipse. As the Moon gracefully glides between the Sun and Earth, several parts of the country will experience moments of darkness during this celestial dance.

Where and When to Catch the Eclipse

  • Totality Cities: Key cities like Niagara Falls and Kingston in Ontario, Montreal, Fredericton, Summerside (P.E.I.), and Gander (N.L.) will be plunged into darkness for several minutes.
  • Partial Eclipse: Other locations such as Vancouver, Calgary, Regina, Winnipeg, and Toronto will witness partial total eclipses.
  • Timings: The partial eclipse begins around 2 p.m. EDT as it enters Canada’s southeastern Ontario border. In the northeastern Canadian regions along the path, expect the sun’s light to gradually dim around 4 p.m. EDT.

Once in a Lifetime

Considering that the last time a total solar eclipse crossed Canada was in 1979, this event is truly exceptional. It’s no wonder Canadians are eagerly flocking to prime viewing spots. After all, the next one won’t grace our skies until 2044!

Safety First

As you prepare to witness this cosmic spectacle, remember to protect your eyes with proper eclipse glasses. Chaos may not ensue, but excitement certainly will. Let’s marvel at the universe’s grandeur together!

For live updates and on-the-ground coverage in Niagara Falls, Vancouver, Halifax, and Toronto, follow along with Yahoo Canada. And don’t forget to mark your calendars—April 8, 2024—a day when the heavens put on a show just for us.

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