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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...
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UN Resolution 1701: The Blueprint for Israel-Hezbollah Ceasefire


In 2006, following a month-long conflict between Israel and Lebanon's Hezbollah militant group, the United Nations Security Council unanimously adopted Resolution 1701. This resolution aimed to end hostilities and pave the way for lasting security along the Israel-Lebanon border.

Key Provisions of Resolution 1701:

Israeli Withdrawal: Israel was required to withdraw all its forces from southern Lebanon.

Hezbollah's Position: Hezbollah was to move north of the Litani River, with the area exclusively under the Lebanese military and U.N. peacekeepers.

UN Peacekeeping Forces: The resolution called for up to 15,000 U.N. peacekeepers to help maintain calm and secure the area.

Disarmament: It reaffirmed previous resolutions calling for the disarmament of all armed groups in Lebanon, including Hezbollah.

Despite relative calm for nearly two decades, the resolution's terms were never fully enforced. Recent U.S.-brokered ceasefire efforts have renewed commitment to Resolution 1701, aiming to implement it more strictly and ensure long-term stability.




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