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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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*Breaking Barriers: Blaise Metreweli Becomes MI6’s First Female Chief

 


Britain has made history by appointing Blaise Metreweli as the first female head of MI6, the country’s foreign intelligence agency. Metreweli, a career intelligence officer, has spent 25 years in espionage and currently serves as MI6’s Director of Technology and Innovation.  

Prime Minister Keir Starmer announced her appointment while attending the G7 summit in Canada, calling it a “historic” moment. Metreweli will take over later this year, replacing Richard Moore, who has held the position for five years.  

Her leadership comes at a time when MI6 faces growing global threats, including cyberattacks and espionage from Russia and China. Metreweli, who studied anthropology at Cambridge University, is known for her expertise in leveraging cutting-edge technology to enhance Britain’s intelligence capabilities.  

With MI6 joining MI5 and GCHQ in appointing female leaders, Metreweli’s rise marks a significant step toward diversity in Britain’s intelligence community. She expressed her pride in taking on the role, stating, “I am proud and honored to be asked to lead my Service”.  

Her appointment signals a *new era for MI6, as Britain strengthens its intelligence operations to tackle modern security challenges.

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