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June Jobs Report: What It Means for the Bank of Canada's July 15 Decision

  Friday, July 10, 2026 Statistics Canada releases its June Labour Force Survey today, and the timing couldn't matter more. This is the last major economic data point before the Bank of Canada's next interest rate decision on July 15, 2026 — and whichever way the jobs numbers break, they'll shape what happens to borrowing costs for the rest of the summer. What Economists Are Expecting Consensus forecasts point to a modest but positive jobs report. Economists expect Canada added around 10,000 jobs in June, with the unemployment rate holding steady at 6.6%. That would follow a much stronger May, when the economy added 88,000 jobs and the unemployment rate actually fell by 0.3 percentage points. In other words, June's report is expected to show a cooling-off after May's surprise strength — not a reversal, but a return to a more modest pace of hiring. Indicator May 2026 June 2026 (Forecast) Net Employment Change +88,000 jobs +10,000 jobs (expected) Unemployment Rate 6....
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Trump’s Name Found in Epstein Files, Sparks Lawsuit and Political Fallout

 

President Donald Trump was reportedly informed by Attorney General Pam Bondi in May that his name appears “multiple times” in documents related to Jeffrey Epstein, according to a Wall Street Journal investigation. These documents, reviewed during a Justice Department probe, contain unverified claims and hearsay about individuals who had associated with Epstein prior to his 2006 conviction.

Despite being briefed, Trump publicly denied knowledge of his name appearing in the files. The Justice Department ultimately decided not to release further Epstein-related materials, citing the presence of child sexual abuse content and the need to protect victim identities.

The controversy intensified after the Journal published details of a 2003 birthday letter allegedly sent by Trump to Epstein, which included a sexually suggestive drawing and cryptic messages. Trump denied authoring the note and has since filed a $20 billion defamation lawsuit against the Journal, its parent company, and its reporters.

The DOJ has also sought to unseal grand jury transcripts from Epstein’s earlier investigations, but federal judges have denied the requests due to legal constraints.

This revelation has sparked backlash among Trump’s supporters, many of whom had expected the Epstein files to implicate political opponents. The case continues to fuel public demand for transparency and accountability in the handling of Epstein’s legacy.


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