Full-time work grew by 154,000 positions. (Credit: KAYLE NEIS/Postmedia)
It’s Friday, June 5. Here are the top stories we’re following today.
Canada’s unemployment rate drops to 6.6% as economy gains 88,000 jobs
Canada’s unemployment rate fell to 6.6 per cent in May and the economy added 88,000 jobs, the first significant employment gain since November 2025. The increase was driven by an addition of 154,000 full-time positions, according to data published by Statistics Canada on Friday.
Fewer than seven per cent of all regions where the Canadian Real Estate Association tracks median home prices had homes averaging below $261,000.
An attractive solution for aspiring homebuyers priced out of the market
Assuming ownership suits you (mathematically, it doesn’t for many), shoe-horning yourself into a home can be easier with a roommate, writes Robert McLister.
A home for sale in Toronto, Ont.
Variable-rate crowd undeterred despite lower chance of a cut
Rate-cut hopes took another beating Friday, ambushed by jobs numbers that overdelivered on both sides of the border, but none of this is spooking the variable-rate crowd, writes Robert McLister.
U.S. journalist Scott Pelley attends a celebration of the announcement of CBS’s new fall schedule at Paramount Studios in Hollywood, 2024.
CBS’s firing of veteran journalist Scott Pelley boils down to one issue: who calls the shots?
Across North America, organizations are discovering that their most valuable employees believe they serve a purpose larger than the company itself, writes Howard Levitt.
The big risk with taking a capital preservation-only mindset is inflation. But inflation is normally a long-term risk and as a person ages, inflation risk reduces.
Should Peter put most of his 88-year-old dad’s money into a fixed-income fund?
If a pension covers his needs, why not invest in something that will grow his money, expert asks.