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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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Qatar Pushes for Gaza Truce Amid Hamas Agreement, Israel Yet to Respond

 

Ahmed Al-Hajj carries the body of his daughter, Dana Al-Hajj, 13, who was killed in an Israeli airstrike in the Gaza Strip, at Al-Aqsa Hospital in Deir al-Balah, Tuesday, Aug. 19, 2025. 


Qatar has renewed calls for an urgent ceasefire in Gaza after confirming that Hamas has given a “positive response” to a proposal aimed at halting the nearly two-year conflict. The plan, closely mirroring a previous U.S.-backed framework, includes a 60-day truce, phased hostage releases, and increased humanitarian aid.

Qatari Foreign Ministry spokesperson Majed al-Ansari described the development as encouraging but cautioned that no breakthrough can be claimed until Israel formally replies. Israel’s leadership has maintained its stance that all hostages must be freed and Hamas disarmed before the war ends.

The urgency of the talks comes as Israeli forces prepare for expanded operations in densely populated areas, raising fears for civilians sheltering in so-called humanitarian zones. Gaza health officials reported dozens of deaths in the latest strikes, including entire families killed in their tents.

Mediators from Qatar, Egypt, and the United States are pressing both sides to finalize an agreement, warning that failure could deepen the humanitarian crisis.

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