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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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Muhammad Yunus Emerges as Potential Leader Amid Bangladesh’s Political Crisis

 

Bangladesh is currently undergoing a significant transition following the resignation of former Prime Minister Sheikh Hasina. The protests, initially sparked by government job-related issues, have evolved into a broader challenge to her 15-year rule. While Hasina has fled the country, the battle for power continues between opposition leaders and the powerful military.

Amid this uncertainty, one name has surfaced as a potential leader: Muhammad Yunus, a Nobel laureate renowned as the “banker to the poorest of the poor.” Yunus, an economist and banker, pioneered the use of microcredit to assist impoverished individuals, particularly women. His efforts earned him the Nobel Peace Prize in 2006.

Student leaders who organized the protests are calling for Yunus to head an interim government. Currently in Paris for the Olympics, Yunus has reportedly agreed to step in. His reputation as a critic and opponent of Hasina makes him a significant figure in Bangladesh’s political landscape. As the country awaits fresh elections, Yunus could play a crucial role in steering the nation through this crisis.

In summary, Muhammad Yunus’s emergence as a potential leader offers hope for stability during this tumultuous period in Bangladesh’s history. 

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