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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'...

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Your daily horoscope: October 26, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Give yourself permission to dream and don’t listen to those who say you have no hope of seeing your vision come true. When a Scorpio wants something enough they always find a way to get it, so ignore the naysayers and do something amazing this year.

ARIES (March 21 - April 20):

You enjoy being at the centre of things but if you make too much of a noise this weekend you could attract the attention of someone it might be wiser to avoid. When dealing with people in positions of authority it pays to keep a low profile.

TAURUS (April 21 - May 21):

Because you have gone out of your way to help so many people in recent weeks they will now go out of their way to assist you. If there is something you desire then friends and colleagues will get it for you – all you have to do is ask.

GEMINI (May 22 - June 21):

You may be in one of those moods when you cannot be bothered to make much of an effort but that’s okay. The more you relax now the more energy you will have available to meet the challenges that come your way over the next few weeks.

CANCER (June 22 - July 23):

The more you try to make sense of a confusing situation the more confusing it seems to get. Your best course of action is to just forget about it for a while and come back to it early next month, by which time it should make more sense.

LEO (July 24 - Aug. 23):

If you cannot work out how to resolve a difficult situation then open your mouth and ask someone who does. There is no shame in admitting that you don’t know everything – even a Leo needs advice and a helping hand once in a while.

VIRGO (Aug. 24 - Sept. 23):

Try to avoid situations where you don’t have full control over what is going on. According to the planets not everyone you have dealings with can be trusted, so err on the side of caution and refuse to commit yourself to other people’s plans.

LIBRA (Sept. 24 - Oct. 23):

The influence of Venus in your chart makes this a good weekend for travelling and socializing. If you feel like getting away from the daily grind then just get up and go. The more you are on the move the more interesting people you will meet.

SCORPIO (Oct. 24 - Nov. 22):

Focus on your long-term goals this weekend and don’t let people who have less serious aims distract you. If you allow your attention to wander, even for an hour or two, you could miss out on an opportunity to improve your financial position.

SAGITTARIUS (Nov. 23 - Dec. 21):

Venus in your sign is encouraging the more generous side of your nature to come to the fore. The more forgiving you are this weekend the more likely it is the universe will forgive your own transgressions, of which there may be more than a few!

CAPRICORN (Dec. 22 - Jan. 20):

Go out of your way to avoid unpleasant people and unpleasant situations over the next 48 hours. If others think you don’t have the stomach for a fight you can prove them wrong later on, but for now you must stay calm in heart and mind.

AQUARIUS (Jan. 21 - Feb. 19):

The more someone tries to persuade you to join their cause this weekend the more you must insist that you will remain uncommitted. It’s not that you don’t care about what’s going on, you just believe that your input won’t make any difference.

PISCES (Feb. 20 - Mar. 20):

It may seem as if others are getting rewards and applause that by right should come to you but don’t make a fuss about it. You have never been the sort to chase after glory and there is no logical reason why you should change your ways now.

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