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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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Historic Verdict: Donald Trump Found Guilty on All 34 Counts in Hush-Money Trial

 


Former President Donald Trump was found guilty on all 34 felony counts in his criminal hush money trial. This historic verdict marks the first time a former U.S. president has ever been tried or convicted in a criminal case. The charges stem from falsifying business records to cover up a $130,000 hush-money payment to adult film actor Stormy Daniels just 11 days before the 2016 election. The jury’s decision came after deliberations on the second day of the trial.

The sentencing for Trump is scheduled for July 11, which interestingly falls just four days before the Republican National Convention. The potential penalties he faces include a fine, probation, or up to four years in prison. Reactions to the verdict have been intense, with Trump’s potential running mates criticizing the decision and Democrats asserting that it demonstrates his unfitness to serve.

In the aftermath of the verdict, former Democratic nominee Hillary Clinton playfully referenced the news during an award presentation at the Kennedy Center in Washington, saying, “Anything going on today? Well, I have to tell you, there’s nowhere I’d rather be than right here”  Senate Majority Leader Chuck Schumer succinctly stated, “No one is above the law” in response to the verdict. Meanwhile, Trump’s legal team plans to appeal the decision, emphasizing concerns about the trial venue and timing.

This trial has significant implications, as it marks a pivotal moment in U.S. legal history and underscores the principle that no individual, regardless of their position, is immune to legal consequences.



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