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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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High-Stakes in the Far North: Trump and Putin Meet in Alaska to Test Ceasefire Prospects

 


U.S. President Donald Trump and Russian President Vladimir Putin are set to meet today at Joint Base Elmendorf-Richardson in what the White House is calling a “feel‑out” session aimed at gauging the possibility of a ceasefire in Ukraine.

The summit — the first face‑to‑face meeting between the two leaders since Trump’s return to office — comes amid intensified fighting, with overnight missile and drone strikes reported across multiple Ukrainian regions. Ukrainian President Volodymyr Zelenskyy is not attending, a point of contention for Kyiv, which insists no peace deal can be made without its direct involvement.

Trump has signaled that the Alaska talks are a precursor to a potential second meeting involving Zelenskyy and possibly European leaders. While he has alternated between optimism and caution, he has also warned of “very severe consequences” for Russia if no progress is made.

Putin, facing mounting economic pressure from Western sanctions, has hinted at broader bargaining chips — including a possible new nuclear arms control agreement — alongside any truce discussions. Analysts say the meeting could yield anything from a symbolic pause in hostilities to a framework for more substantive negotiations, though both sides remain far apart on core demands.

For now, the world’s attention turns to Anchorage, where the outcome could shape the next chapter of a war that has stretched on for more than three years.

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