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5 Things to Know Today: Job Losses, a Sliding Loonie and Budget 2026 (Nov. 7)

  Canadian Money Brief · Saturday, November 7, 2026 Canada’s job losses stretched to a third month, the loonie took its biggest one-day hit since January, and the federal budget landed with a few items for your wallet. Here’s what to know today. 1 Canada’s job market has now lost jobs three months in a row Statistics Canada said the economy shed 4,700 jobs in October, well short of the gain of about 13,600 economists expected. The unemployment rate rose to 6.7% from 6.5%, a six-month high. That follows losses of 42,000 in August and 68,000 in September, and the country has added just 17,000 jobs over the past 12 months. Alberta lost 24,000 jobs, youth unemployment climbed to 13.7%, and average hourly wages were up only 2.2% from a year earlier. What it means for you: Wages are rising 2.2% a year while September inflation was 3.1%, so paycheques are losing ground. If your income feels less certain, this is a good week to check that your emergency fund covers three to six months of ...
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Getting Kids Ready for Back to School: Tips for a Smooth Transition


As summer winds down, the excitement and anticipation of a new school year begin to build. Preparing your kids for back to school can be a fun and rewarding experience with a bit of planning and organization. Here are some tips to help ensure a smooth transition:

1. Establish a Routine

Start adjusting your child’s sleep schedule a week or two before school begins. Gradually move bedtime earlier and wake them up closer to the time they’ll need to get up for school. This helps their bodies adjust and makes the first week back less of a shock.

2. Organize School Supplies

Make a list of necessary school supplies and involve your child in the shopping process. Letting them choose their notebooks, pens, and backpacks can make them more excited about the new school year. Don’t forget to label everything with their name!

3. Create a Study Space

Set up a dedicated, clutter-free area for homework and studying. Ensure it’s well-lit and stocked with all the supplies they might need. Having a specific spot for schoolwork can help kids focus and develop good study habits.

4. Review and Refresh

Spend some time reviewing last year’s material to refresh their memory. This can be done through fun activities like educational games or reading together. It helps ease them back into the learning mindset.

5. Discuss Expectations

Talk to your child about what to expect in the new school year. Discuss any changes, such as a new teacher or classroom, and address any concerns they might have. Setting clear expectations can reduce anxiety and build confidence.

6. Plan Healthy Meals

Good nutrition is crucial for learning and concentration. Plan balanced breakfasts and pack nutritious lunches. Involve your child in meal planning and preparation to teach them about healthy eating habits.

7. Encourage a Positive Attitude

Help your child approach the new school year with a positive mindset. Encourage them to set goals and talk about the exciting opportunities ahead. Celebrate their achievements, no matter how small, to build their confidence.

8. Stay Involved

Stay engaged with your child’s education by attending school events, meeting their teachers, and keeping track of their progress. Your involvement shows that you value their education and are there to support them.

By following these tips, you can help your child feel prepared and excited for the new school year. Remember, a positive and organized start can set the tone for a successful and enjoyable year ahead. 

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