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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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Canadians Face Final Deadline in $500M Bread Price-Fixing Settlement

 

Today marks the final deadline for Canadians to claim compensation in the Loblaw and George Weston bread price-fixing settlement. Shoppers who purchased packaged bread between 2001 and 2021 are eligible to file claims for a share of the $500 million settlement.

The settlement was approved earlier this year, with $404 million to be paid directly by Loblaw and George Weston, and $96 million already distributed through Loblaw’s 2018 gift card program.

Eligibility details:

  • Applies to anyone who bought packaged bread between January 2001 and December 2021.
  • No proof of purchase is required.
  • Successful claimants could receive $25 within six to twelve months after the deadline.

Other grocery chains, including Sobeys, Metro, Walmart Canada, and Giant Tiger, were also named in related lawsuits. The case underscores how corporate collusion impacted everyday essentials, with bread allegedly overpriced by about $1.50 per loaf for nearly two decades.

Claims must be submitted through the official Canadian Bread Settlement website before the end of today. After this deadline, no further claims will be accepted.


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