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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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Tragedy in Fes: Building Collapse Claims 19 Lives

Emergency personnel search for victims in the rubble of two collapsed buildings in the Al Massira area of Fes late on December 9, 2025.  


At least 19 people were killed and 16 others injured after two residential buildings collapsed in Morocco’s historic city of Fes on Wednesday.

The four-storey structures, located in the Al-Mustaqbal neighborhood, were home to eight families. Local reports indicated that children were among the victims, intensifying national grief. Rescue teams and civil protection units rushed to the scene, while videos shared online showed frantic efforts to pull survivors from the rubble.

The injured were transported to the University Hospital Centre in Fes for treatment. Authorities evacuated the surrounding area as search operations continued, though the cause of the collapse remains unclear.

This disaster has renewed concerns over unsafe housing and ageing infrastructure in Moroccan cities. Fes has witnessed similar tragedies before, including a fatal collapse in 2024 that killed five people. The incident comes just weeks before Morocco is set to host the Africa Cup of Nations (AFCON), with Fes among the tournament’s venues.

Officials have launched an investigation, while residents mourn the loss of families caught in the collapse. The tragedy underscores the urgent need for stronger housing safety measures in Morocco’s urban centers.

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