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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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A Chilly Tradition: Canadians Dive Into 2026 With Frosty Enthusiasm

Many mark the new year with 'exhilarating' polar dip in icy water.

Across Canada, thousands welcomed the first day of 2026 not with fireworks or late‑night parties, but with a shock of icy water. From British Columbia’s rugged coastline to the frozen lakes of the Prairies and the Atlantic shores, communities gathered for their annual New Year’s polar plunges—an event many describe as equal parts invigorating and unforgettable.

Participants of all ages braved sub‑zero temperatures, some dressed in costumes, others in simple swimsuits, all united by a shared sense of adventure. For many, the plunge is more than a dare; it’s a symbolic reset, a way to start the year with courage, clarity, and a burst of adrenaline.

Organizers across the country reported strong turnouts, with several events raising funds for local charities. Despite the biting cold, spirits remained high as crowds cheered on friends, family, and first‑timers taking the leap.

As one participant put it, “There’s no better way to wake up to a new year than jumping into freezing water. It shocks your system—in the best possible way.”


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