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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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Federal Officials Ignored Auditor’s Call to Report Suspicious $160-Million Contract to RCMP


Federal officials have reportedly ignored calls from an auditor to refer a suspicious $160-million contract to the RCMP for investigation. The auditor, who was involved in a federal program prioritizing Indigenous companies, produced a report alleging that a large nurse staffing agency exploited its Indigenous partner and submitted fraudulent documents. Despite the auditor's substantial evidence and recommendation to involve the RCMP, federal officials chose not to act, citing concerns about potential troubles.

The contract in question was an eight-year agreement to deliver nursing services in remote Indigenous communities. The auditor's findings led to the removal of the joint venture from the Indigenous Business Directory managed by Indigenous Services Canada.

This case highlights ongoing issues within federal procurement practices and raises questions about accountability and transparency in handling allegations of fraud.



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