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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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Prince Harry Wins 'Monumental' Legal Battle Against Murdoch's Sun

 


In a landmark victory, Prince Harry has won a significant legal battle against Rupert Murdoch's UK newspaper group, News Group Newspapers (NGN). The publisher admitted to unlawful actions at its Sun tabloid and issued a rare, full apology to the Duke of Sussex.

Harry, 40, had been suing NGN for illegally obtaining private information about him from 1996 until 2011. The settlement includes substantial damages and an admission of intrusion into the private lives of both Harry and his late mother, Princess Diana.

"This victory is not just about me, it's about holding those who abuse their power to account," Harry said in a statement. "The truth has finally been acknowledged, and justice has been served."

The apology from NGN marks a significant moment in the ongoing battle against unlawful media practices. Harry's lawyer, David Sherborne, emphasized that this case was about accountability and truth, rather than monetary compensation.

The settlement comes after last-minute talks, averting a trial that was set to begin earlier this week. Harry's co-claimant, former senior British lawmaker Tom Watson, also received an apology and damages.

Harry's mission to expose and rectify the wrongdoings of the British tabloids has resulted in a historic win, setting a precedent for future cases involving media misconduct.



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