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June Jobs Report: What It Means for the Bank of Canada's July 15 Decision

  Friday, July 10, 2026 Statistics Canada releases its June Labour Force Survey today, and the timing couldn't matter more. This is the last major economic data point before the Bank of Canada's next interest rate decision on July 15, 2026 — and whichever way the jobs numbers break, they'll shape what happens to borrowing costs for the rest of the summer. What Economists Are Expecting Consensus forecasts point to a modest but positive jobs report. Economists expect Canada added around 10,000 jobs in June, with the unemployment rate holding steady at 6.6%. That would follow a much stronger May, when the economy added 88,000 jobs and the unemployment rate actually fell by 0.3 percentage points. In other words, June's report is expected to show a cooling-off after May's surprise strength — not a reversal, but a return to a more modest pace of hiring. Indicator May 2026 June 2026 (Forecast) Net Employment Change +88,000 jobs +10,000 jobs (expected) Unemployment Rate 6....
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Israel on High Alert: Increased Threat from Syria Despite Rebel Leaders' Moderate Tone


Despite the moderate tone adopted by the new Syrian rebel leaders, Israel continues to perceive an increased threat from Syria. Israeli Defence Minister Israel Katz emphasized that the immediate risks to the country have not diminished, and recent developments in Syria have only heightened the threat.

Ahmad al-Sharaa, the de facto leader of Syria and head of the Islamist Hayat Tahrir al-Sham (HTS) group, stated that Israel was using false pretexts to justify its attacks on Syria. However, he also expressed a desire to avoid new conflicts, focusing instead on rebuilding the war-torn nation.

In response to the perceived threats, Israel has moved into a demilitarized zone inside Syria, including the Syrian side of the strategic Mount Hermon. The Israeli Defence Forces have also conducted numerous strikes on Syria's strategic weapons stockpiles to prevent them from falling into the hands of rebel groups.

Several Arab countries, including Saudi Arabia, the UAE, and Jordan, have condemned Israel's actions, calling for diplomatic solutions to ensure regional stability.

As Syria focuses on reconstruction and stability, Israel remains vigilant, maintaining its military presence in the region to safeguard its borders.


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