Skip to main content

Featured

5 Things to Know Today: 68,000 Jobs Lost, a Weaker Loonie and the Oct. 28 BoC Decision

  Oct 12, 2026   Happy Thanksgiving. Canadian markets are closed today, but the numbers that shape your wallet aren't taking the day off. Here are five things to know on Monday, October 12. 1. Canada lost about 68,000 jobs in September, wiping out 2026's gains Statistics Canada reported that employment fell by roughly 68,000 in September, following a 41,700-job drop in August. The unemployment rate edged up to 6.5% from 6.4%. Economists had forecast a small gain. Put the two months together and Canada has lost about 41,200 jobs so far this year, compared with a gain of 211,300 over the same stretch of 2025, according to Reuters. The losses were spread almost evenly between full-time and part-time work and were concentrated in the public sector. Workers aged 15 to 24 lost 48,000 jobs, Quebec shed 49,000, and Ontario's unemployment rate sits at 7.0%, the highest among the large provinces. Average hourly wages were up 2.3% from a year ago. What it means for you: A softening j...

article

Terror Strikes Moscow Concert Hall: Multiple Casualties Reported

In a horrifying act of violence, gunmen clad in combat fatigues stormed the Crocus City Hall concert venue on the western edge of Moscow. Their rampage left many dead and wounded, marking one of the deadliest terror attacks in Russia in the past two decades.

As the crowd gathered for a concert by the renowned Russian rock band Picnic, the assailants opened fire with automatic weapons, causing chaos and panic. The venue, which can accommodate over 6,000 people, turned into a scene of horror as bullets flew and explosions rocked the hall.

The attackers didn’t stop at gunfire. They also deployed explosives, igniting a massive blaze that engulfed a third of the concert hall. Smoke billowed from the building, and the roof was nearly consumed by flames. Videos captured the desperate attempts of concertgoers to flee the inferno.

More than 50 ambulance crews rushed to the scene, tending to the injured and evacuating survivors. Special units of Russia’s National Guard and local police joined the effort. The regional governor, Andrei Vorobyov, set up a task force to assess the damage and coordinate rescue operations.

The attack has drawn international condemnation. The U.S. Embassy in Moscow had previously warned citizens to avoid large gatherings due to heightened fears of terrorism. Now, the world watches in shock as Moscow grapples with this monstrous crime.

Authorities are still assessing the full extent of the casualties, but the toll is devastating. As investigations unfold, questions remain about the motives and identities of the attackers. The tragedy at Crocus City Hall serves as a grim reminder of the fragility of safety and the urgent need for vigilance against terror.


Comments