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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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Lawyers Demand Justice After Quebec Teen’s Death


Lawyers representing the family of Nooran Rezayi, a 15-year-old boy fatally shot by police in Longueuil, Quebec, are calling for accountability after allegations of interference in the investigation. Rezayi was killed on September 21, 2025, in a suburban neighborhood south of Montreal.

Quebec’s police watchdog (BEI) has accused local officers of questioning witnesses and attempting to obtain video footage, actions that could compromise the independence of the probe. Lawyers for Rezayi’s family insist such interference cannot go unpunished.

The family has filed a $2.2 million lawsuit against the Longueuil police and the city, claiming “unreasonable and disproportionate force” was used against the unarmed teen. His mother, Fahima Rezayi, has urged authorities to ensure accountability, stressing that “this must never happen again.”

The case has sparked outrage and renewed calls for reform in Quebec’s policing system. Critics argue that protecting the watchdog’s independence is essential to maintaining public trust, especially in fatal encounters with police. For Rezayi’s family, the priority remains clear: justice and systemic change to prevent future tragedies.

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