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U.S. Threatens Harsher Economic Pressure on Iran as Mediators Rush to Secure Second Ceasefire Talks

  A woman walks past a digital screen displaying news of US-Iran peace talks along a road in Islamabad on April 10, 2026 The United States has warned it will step up economic pressure on Iran while mediators race to arrange a second round of ceasefire talks before the fragile truce expires on April 22, 2026 — a standoff that risks higher oil prices, tighter global markets, and direct costs for Canadian households and investors.   Background and diplomatic timeline A two‑week ceasefire that paused nearly seven weeks of fighting was brokered to create a narrow diplomatic window for talks between Washington and Tehran. The first round of face‑to‑face negotiations in Islamabad lasted more than 20 hours but ended without an agreement, leaving the truce set to expire on April 22, 2026 unless mediators secure a follow‑up session.  Mediators led by Pakistan, with active roles from Turkey, Egypt and other regional actors, have been shuttling between capitals to bridge the remaini...
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Canadian Unemployment Rate Falls to 6.5% as Job Market Surges

 

In a surprising turn of events, Canada’s labour market exceeded expectations in September, adding a net 47,000 jobs. This surge in employment led to a drop in the unemployment rate to 6.5%, according to the latest data from Statistics Canada.

This marks the first decline in the unemployment rate since January, driven primarily by significant gains in full-time employment, particularly among youth and women aged 25 to 54. The robust job growth highlights the resilience of the Canadian economy amidst global economic uncertainties.

Economists had anticipated a more modest increase in employment, making this development a positive indicator for the country’s economic health. The data suggests that sectors such as healthcare, education, and professional services saw the most significant job additions.

As Canada continues to navigate post-pandemic recovery, these employment gains provide a hopeful outlook for sustained economic growth and stability.


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