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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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Daylight Saving Time 2024: When the Clocks Fall Back

 

As autumn settles in and the days grow shorter, it’s time to prepare for the end of Daylight Saving Time (DST) in 2024. This year, DST will officially end at 2 a.m. local time on Sunday, November 3rd. This means that clocks will “fall back” one hour, giving us an extra hour of sleep and marking the return to standard time.

The practice of adjusting clocks during DST aims to make better use of daylight during the longer days of spring and summer. However, as we move into the colder months, the shift back to standard time provides more daylight in the morning, which can be beneficial for early risers.

While the extra hour of sleep is often welcomed, the transition can be a bit disorienting. Here are a few tips to help you adjust smoothly:

  • Gradual Adjustment: Start going to bed 15-30 minutes earlier a few days before the change.
  • Morning Light: Spend time outside in the morning light to help reset your internal clock.
  • Consistent Routine: Stick to a regular sleep schedule, even on weekends.

Remember to update any manual clocks before going to bed on November 2nd to avoid confusion the next morning. Enjoy the extra hour of rest and the cozy fall mornings!


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