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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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Auckland Ignites the Globe as New Zealand Welcomes 2026 First

 

New Zealand officially became one of the first countries to welcome 2026, with Auckland leading global celebrations through a spectacular midnight fireworks display launched from the iconic Sky Tower. According to multiple reports, the five‑minute show featured 3,500 fireworks erupting from various levels of the 240‑metre tower, illuminating the city despite rainy weather conditions.

Crowds gathered across Auckland’s waterfront and hilltop lookouts to witness the display, which marked the start of worldwide New Year festivities. Smaller community events across parts of the North Island were cancelled due to forecasts of thunderstorms, but major city celebrations proceeded safely under monitoring by local authorities.

New Zealand’s early countdown traditionally signals the beginning of global celebrations, with images and broadcasts from Auckland quickly circulating across international media. As Kiribati, New Zealand, and Australia ushered in the New Year, countries across Asia prepared to follow in the rolling wave of midnight festivities.

Auckland’s vibrant display once again positioned New Zealand as a symbolic starting point for the world’s transition into a new year—lighting the sky before the celebrations sweep westward across the globe.


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