Skip to main content

Featured

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....
Post a Comment
Read more

article

Labels

Gaza City Offensive Sparks Defiance and Division

An Israeli infantry-fighting vehicle leaves a cloud of dust as it moves along Israel's southern border with the Gaza Strip on Tuesday.



Israel’s announcement of plans to seize control of Gaza City has ignited fierce reactions across the region. War-weary Palestinians, many of whom have endured nearly two years of relentless conflict, responded with defiance and despair. “There is no life here,” said Umm Youssef, a resident of Gaza City, highlighting the daily struggle for basic necessities like drinking water.

Prime Minister Benjamin Netanyahu declared the move as part of a broader strategy to dismantle Hamas and recover hostages, but critics argue the operation risks worsening an already catastrophic humanitarian crisis. Over 61,000 Palestinians have died since the war began, with women and children comprising nearly half of the casualties, according to the Gaza Health Ministry.

Inside Israel, the plan has stirred anger and fear. Families of hostages worry the offensive could jeopardize their loved ones’ lives. Former Prime Minister Ehud Olmert and other security officials have voiced concerns over the operation’s cost and effectiveness.

Despite the devastation, many Palestinians vow to remain. “This is our land,” said Ismail Zaydah. “We are not surrendering”.

The international community has also weighed in, with leaders from the UK, Australia, and the UN condemning the escalation and urging restraint. As tensions mount, the fate of Gaza City hangs in the balance, caught between military ambition and human resilience.

Labels:

Comments

Post a Comment