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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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Tragedy on Yom Kippur: Deadly Attack Outside Manchester Synagogue

Emergency personnel work at the scene, after an attack in which a car was driven at pedestrians and stabbings were reported near a synagogue in north Manchester.

Two people were killed and several others seriously injured in a violent attack outside the Heaton Park Hebrew Congregation Synagogue in Crumpsall, Manchester, on Thursday morning. The incident occurred during Yom Kippur, the holiest day in the Jewish calendar, intensifying the shock and grief felt across the community.

According to Greater Manchester Police, a man drove a vehicle into a crowd before launching a stabbing assault. Armed officers responded swiftly, shooting the suspect, who is believed to have died, although his death remains unconfirmed due to suspicious items found on his person. A bomb disposal unit was deployed to the scene as a precaution.

Five individuals were injured, with three in critical condition. The attack has been declared a major incident under the UK's PLATO protocol, indicating a suspected marauding terrorist attack.

Prime Minister Keir Starmer, who was attending a summit in Copenhagen, announced his immediate return to the UK to chair an emergency COBRA meeting. He condemned the attack, stating, “The fact that this has taken place on Yom Kippur makes it all the more horrific”.

Security has been heightened at synagogues across the country, with additional police deployments aimed at reassuring Jewish communities. London Mayor Sadiq Khan and King Charles III also expressed their condolences and support for those affected.

Authorities continue to investigate the motive and circumstances surrounding the attack, urging the public to avoid the area and share any relevant footage directly with police.

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