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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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Putin Hails US Efforts as High-Stakes Alaska Summit Nears

Russian President Vladimir Putin and US President Donald Trump are meeting in Alaska on 15 August 2025. 

Russian President Vladimir Putin has lauded what he called the United States’ “energetic and sincere efforts” to end the war in Ukraine, just hours before his first face-to-face meeting with US President Donald Trump since 2018. The summit, set for Friday at a military base in Anchorage, Alaska, is expected to tackle a potential ceasefire, nuclear arms control, and broader security issues.

Putin’s remarks signaled Moscow’s intent to raise strategic weapons talks alongside the Ukraine conflict, framing the meeting as a chance to create “long-term conditions for peace” in Europe and beyond.

Meanwhile, Ukrainian President Volodymyr Zelenskyy and European leaders have been working to ensure their interests are not sidelined. Trump has reportedly expressed willingness to support security guarantees for Kyiv, though details remain unclear.

The Alaska talks will begin with a one-on-one session, followed by delegation meetings and a press conference. While hopes for progress exist, both sides have tempered expectations, with no formal agreements anticipated at this stage.

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