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

Perilous Deliveries: Gaza Aid Drivers Risk Lives Amid Chaos and Desperation

 


                                                    Palestinians struggle to get food and humanitarian aid from
                                                    the back of a truck as it moves along the Morag corridor near Rafah


Gaza's Aid Lifeline Under Siege

As Gaza plunges deeper into humanitarian crisis, aid truck drivers are facing unprecedented dangers while attempting to deliver life-saving supplies. With hunger intensifying across the region, desperate civilians and armed gangs have turned aid convoys into battlegrounds.

Chaos on the Roads

  • Drivers report being overwhelmed by crowds who rip boxes off moving trucks.
  • Armed gangs hijack vehicles, reselling aid at exorbitant prices in local markets.
  • Israeli troops have fired into chaotic scenes, adding to the peril.

Deadly Consequences

  • Several drivers have been killed in the mayhem.
  • The breakdown of law and order, exacerbated by the disbandment of Hamas-run police, has left convoys vulnerable to looting and violence.

Aid Blocked Before It Reaches the Needy

  • Convoys often fail to reach distribution centers, especially in northern Gaza, where famine looms.
  • Airdrops and sea routes have been attempted, but they fall short of meeting the population’s needs.

A System on the Brink Despite international pressure prompting Israel to allow more aid into Gaza, the journey from border crossings to those in need remains fraught with danger. Aid workers and drivers alike warn that without secure delivery mechanisms, relief efforts may collapse entirely.


Labels:

Comments

Post a Comment