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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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Quebec Grounds 1,200 Lion Electric School Buses After Montreal Fire Sparks Safety Inspections

 

Andrew Jones, owner of Autobus Beaconsfield, speaks with mechanic Lance Bruce-Morrison outside one of two Lion Electric school buses in for repair at his company’s garage in the Lachine borough of Montreal on Friday Sept. 12, 2025.


Read more at: https://www.montrealgazette.com/news/article1165141.html#storylink=cpy

Quebec has ordered the immediate removal of approximately 1,200 Lion Electric school buses from service following a fire on one of the vehicles in Montreal earlier this week. The incident, which occurred while five children and a driver were on board, resulted in no injuries thanks to a swift evacuation.

Provincial Education Minister Sonia LeBel and Transport Minister Jonatan Julien said the decision was a precautionary measure after a suspected defect was identified. Inspections will be carried out over the weekend to ensure the fleet’s safety, with alternative transportation arrangements offered to affected families if needed.

Lion Electric, working alongside Transport Canada, confirmed that the fire was not linked to the bus’s battery or propulsion system. Preliminary findings point to a wiring issue in the heating system. This marks the third fire involving a Lion Electric school bus since late 2024, though none have caused injuries.

The province aims to return the buses to service as soon as inspections are complete, with some expected back on the road early next week.


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