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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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Unity and Festivity: Muslims Celebrate Eid al-Fitr Across the Globe


Eid al-Fitr, the "Festival of Breaking the Fast," marks the end of Ramadan, a month of fasting, prayer, and reflection observed by Muslims worldwide. This joyous occasion, often lasting for three days, is celebrated with a variety of customs that unite families, communities, and cultures.

Beginning with a special prayer known as Salat al-Eid, millions gather in mosques and open spaces to give thanks to Allah for strength and blessings during Ramadan. The day is filled with generosity as people exchange gifts, donate to charities, and share meals with loved ones and the less fortunate. Homes are filled with the aroma of traditional dishes, and children revel in festivities, wearing new clothes and receiving treats.

Eid al-Fitr is not only a religious celebration but also a moment to bridge gaps, foster unity, and embrace cultural diversity across the Muslim world. The warmth and inclusiveness of the celebration resonate globally, showcasing the rich traditions and universal values of compassion and gratitude. 

 

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