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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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First Votes in U.S. Election Result in Trump-Harris Tie

 

In a surprising start to the U.S. presidential election, the first votes cast in the small community of Dixville Notch, New Hampshire, have resulted in a tie between former President Donald Trump and Vice President Kamala Harris. Each candidate received three votes, reflecting the incredibly close race that has been predicted by opinion polls.

Dixville Notch, known for its tradition of midnight voting, has once again kicked off Election Day with its early results. This tiny hamlet, with a population of just six, has been the first to report its results for decades. The tie underscores the intense competition between Trump and Harris as they vie for the presidency.

As the rest of the country prepares to cast their ballots, the early tie in Dixville Notch sets the stage for what promises to be a closely contested election. Both campaigns are making their final pushes to mobilize voters, with key battleground states expected to play a crucial role in determining the outcome.

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