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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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Trump Renews Calls to Strip NBC and ABC Broadcast Licenses Amid Bias Claims

 

                                     US President Donald Trump at the White House in Washington, DC, on July 30.     


In a fresh escalation of his long-running feud with major media outlets, U.S. President Donald Trump has called for the Federal Communications Commission (FCC) to revoke the broadcast licenses of NBC and ABC, accusing them of “unfair” and “biased” coverage against him.

Posting on Truth Social, Trump labeled the networks “two of the worst and most biased in history,” claiming they deliver overwhelmingly negative stories about his presidency. He also suggested the companies should pay substantial license fees for using public airwaves.

While Trump’s remarks echo similar threats he has made in the past, legal experts note that the FCC licenses individual stations—not entire networks—and is barred by the First Amendment from censoring content or revoking licenses based solely on editorial stance.

The comments come after Trump reached multimillion-dollar settlements with CBS and ABC over defamation claims. FCC Chair Brendan Carr, a Trump appointee, has voiced support for reviewing the networks’ licenses, though past FCC leaders have stressed the agency’s limited authority in such matters.

The dispute underscores the ongoing tension between Trump and mainstream media, raising fresh debate over press freedom and the boundaries of regulatory power in U.S. broadcasting.

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