Skip to main content

Featured

5 Things to Know Today: 68,000 Jobs Lost, a Weaker Loonie and the Oct. 28 BoC Decision

  Oct 12, 2026   Happy Thanksgiving. Canadian markets are closed today, but the numbers that shape your wallet aren't taking the day off. Here are five things to know on Monday, October 12. 1. Canada lost about 68,000 jobs in September, wiping out 2026's gains Statistics Canada reported that employment fell by roughly 68,000 in September, following a 41,700-job drop in August. The unemployment rate edged up to 6.5% from 6.4%. Economists had forecast a small gain. Put the two months together and Canada has lost about 41,200 jobs so far this year, compared with a gain of 211,300 over the same stretch of 2025, according to Reuters. The losses were spread almost evenly between full-time and part-time work and were concentrated in the public sector. Workers aged 15 to 24 lost 48,000 jobs, Quebec shed 49,000, and Ontario's unemployment rate sits at 7.0%, the highest among the large provinces. Average hourly wages were up 2.3% from a year ago. What it means for you: A softening j...
Post a Comment
Read more

article

Labels

Hope Amid Ruins: Gazans Return as Ceasefire Brings Fragile Calm

            Palestinians return to their neighborhood, following Israeli forces' withdrawal from the area.

Thousands of Palestinians made their way back to northern Gaza this weekend, walking, driving, or riding carts along the coastal road, as a U.S.-brokered ceasefire between Israel and Hamas appeared to hold. The truce, which began Friday, prompted Israeli forces to pull back from major urban centers while still maintaining control over parts of the enclave.

For many families, the return was bittersweet. They were relieved to step back onto their land but confronted with the devastation of homes reduced to rubble after months of war. “It is an indescribable feeling; praise be to God,” said one woman traveling with her injured daughter, expressing both gratitude for the pause in fighting and sorrow for the suffering endured.

The ceasefire agreement also set in motion a delicate exchange: Hamas has 72 hours to release hostages, while Israel is expected to free hundreds of Palestinian detainees. Meanwhile, aid convoys are preparing to deliver food, medicine, and other essentials to the battered territory.

Though uncertainty looms over how long the calm will last, the sight of families streaming northward reflects a collective yearning for stability, dignity, and the chance to rebuild shattered lives.


Labels:

Comments

Post a Comment