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Alberta Separation Dream Stalls: What the Court Ruling Means for Your Wallet and Canada's Future

                                                                                               Alberta Legislature Building, Edmonton.  A judge has killed Alberta’s separation referendum petition, citing a failure to consult First Nations. Premier Danielle Smith vows to appeal — but the path forward is murky, and the economic stakes for all Canadians are enormous. MoneySavings.ca Staff  •  May 15, 2026  •  6 min read For much of the past year, Alberta separatists believed they were on the cusp of a historic moment. The grassroots group Stay Free Alberta had gathered over 301,000 petition signatures — well above the 178,000 required — and Premier Danielle Smith had already booked Oct...
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Canada's Unemployment Rate Hits 6.8% Amidst Job Market Challenges


Despite a significant increase in hiring, Canada's unemployment rate rose to 6.8% in November, marking the highest level since January 2017, excluding the pandemic period. The economy added 51,000 jobs last month, with most of the gains in full-time employment. However, the rise in unemployment was driven by more people entering the job market, reflecting ongoing challenges in the labor market.

The Bank of Canada is closely monitoring these developments as it prepares for its upcoming interest rate decision. High interest rates have cooled the labor market over the past year, leading to longer periods of unemployment for many Canadians. The job report also highlighted that 46.3% of unemployed Canadians in November had not worked in the last year or had never worked, up from 39.5% a year ago.

As the country navigates these economic headwinds, the focus remains on balancing job growth with inflation control and interest rate adjustments.




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