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5 Things to Know Today: Jobs Report, Gas Tax Reprieve and a BoC Rate-Hike Warning

  Friday, September 4, 2026 It's a loaded Friday: a jobs report lands on both sides of the border this morning, Ottawa just quietly gave drivers several extra months of relief at the pump, and the Bank of Canada's governor put rate hikes back on the table. Here's what matters for your wallet. 1. Jobs day, on both sides of the border Statistics Canada releases its August Labour Force Survey this morning, alongside the U.S. jobs report, in one of the more closely watched data double-headers of the year. Economists polled by Reuters expect Canada added about 15,000 jobs in August, with unemployment holding at 6.4% - the two-year low set in July, when the economy surprised everyone with a 75,000-job jump. A soft number would reinforce bets that the Bank of Canada stays cautious into the fall; a strong one adds fuel to the rate-hike talk already coming out of Ottawa (see #3). What it means for you: If you're job hunting or watching mortgage rates, this print matters more th...
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Tiny Homes for the Homeless: A Controversial Solution in Toronto

 

The City of Toronto has requested the removal of tiny shelters for homeless individuals from St. James Park. These shelters, built by the non-profit organization Tiny Tiny Homes, were designed to provide temporary housing for those experiencing homelessness. The city cited safety concerns and interference with public use of the park as reasons for the removal.

Ryan Donais, the founder of Tiny Tiny Homes, started building these shelters to address the growing number of homeless encampments in Ontario. Each tiny home is equipped with a bed, a small kitchen, a solar panel for lights and a fan, and a diesel-fueled heating system. Despite the city's request, Donais and his supporters are advocating for alternative locations for the shelters and have started a petition to garner public support.

The city has acknowledged the good intentions behind the initiative but maintains that the shelters pose safety risks and interfere with city staff's outreach work. As the debate continues, the future of these tiny homes remains uncertain.


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