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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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Unlocking Invisible Spaces: Nobel Prize in Chemistry Honors Metal–Organic Frameworks

                                            Dubai Ruler hails Omar Yaghi's Nobel Prize a source of pride for Arab world

The 2025 Nobel Prize in Chemistry has been awarded to Susumu Kitagawa, Richard Robson, and Omar Yaghi for their pioneering work on metal–organic frameworks (MOFs)—a revolutionary class of materials that combine metals with organic molecules to create highly porous structures.

Often described as “molecular architecture,” MOFs are remarkable for their ability to pack vast internal surface areas into tiny volumes. Just one gram of a MOF can contain as much internal surface as a football field. This unique property allows them to trap, store, and release gases with extraordinary efficiency.

The Nobel Committee highlighted the transformative potential of MOFs in addressing global challenges. These materials can:

  • Capture carbon dioxide to combat climate change
  • Harvest water from desert air
  • Store hydrogen for clean energy
  • Filter pollutants and toxic gases
  • Catalyze chemical reactions for greener industrial processes

The laureates’ discoveries, spanning from Robson’s early structural insights in the 1970s to Yaghi’s creation of stable, functional frameworks, have opened the door to more than 100,000 variations of MOFs worldwide. Their work exemplifies how curiosity-driven science can lead to solutions for some of humanity’s most urgent problems.

As the Nobel Committee put it, MOFs are like “tiny hotels for molecules,” offering rooms where gases and chemicals can check in and out—an elegant metaphor for a breakthrough that could reshape the future of energy, environment, and materials science.


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