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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...
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Israel Returns Bodies of 30 Palestinians Amid Fragile Ceasefire

Bodies of unidentified Palestinians returned from Israel as part of the ceasefire deal are placed at a warehouse in Nasser Hospital in Khan Younis, Gaza Strip, Friday, Oct. 31, 2025. 

Israel has handed over the bodies of 30 Palestinians to Gaza, according to hospital officials in Khan Younis. The transfer, facilitated by the International Committee of the Red Cross, took place on Friday and comes just one day after Palestinian militants returned the remains of two Israeli hostages to Israel.

The bodies were delivered to the Nasser Medical Complex in southern Gaza, where officials confirmed they belonged to Palestinians who had died while in Israeli custody. While the exact circumstances of their deaths remain unclear, the exchange is seen as part of a broader ceasefire and prisoner-exchange arrangement brokered with international mediation.

The handover underscores the delicate balance of the ongoing truce, which has been punctuated by intermittent violence and airstrikes. Despite the exchange, tensions remain high, with Gaza residents expressing fear that the fragile ceasefire could collapse at any moment.

This latest development highlights the human cost of the conflict, as both sides continue to negotiate under the shadow of immense civilian suffering. For families in Gaza, the return of the bodies provides a measure of closure, though it also serves as a stark reminder of the heavy toll of the war.


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