Skip to main content

Featured

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'...
Post a Comment
Read more

article

Labels

Revised Account Emerges in Gaza Aid Worker Tragedy

 

The Israeli military has revised its initial account of the tragic killing of 15 emergency workers near Rafah in southern Gaza on March 23. Initially, the military claimed that soldiers fired on vehicles approaching their position "suspiciously" in the dark, without lights or markings, and identified the victims as militants from Hamas and Islamic Jihad. However, newly surfaced video footage from one of the victims' mobile phones, released by the Palestinian Red Crescent, contradicts this narrative.

The video shows emergency workers in uniforms, operating clearly marked ambulances and fire trucks with their lights on, being fired upon by soldiers. Munther Abed, the sole survivor and a paramedic with the Palestinian Red Crescent, corroborated this, stating that soldiers targeted clearly marked emergency vehicles.

An Israeli military official acknowledged that the initial report from the field was mistaken and attributed the error to the person providing the account. Investigations are ongoing, with conclusions expected to be presented to army commanders. The United Nations and the Palestinian Red Crescent have called for an independent inquiry into the incident, which has drawn international attention and condemnation.

Labels:

Comments

Post a Comment