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Canada’s new Productivity Mega Deduction is shifting the financing calculus for major energy infrastructure, South Bow executives told investors, renewing momentum behind the company’s proposed Prairie Connector pipeline as Ottawa seeks to lure global capital.
Statistics Canada reported a second consecutive monthly decline in employment on October 9, 2026, with 68,000 net jobs lost in September and the unemployment rate edging up to 6.5 percent. The drop, concentrated in public services and among younger workers, has economists and policymakers weighing the outlook for growth, wages and interest-rate policy.
Statistics Canada will release the Labour Force Survey for September 2026 on Oct. 9, 2026. Economists and markets will look for signs about whether hiring momentum is slowing, how participation is shifting across provinces, and what the data means for Bank of Canada policy.
A busy week for Canada’s economy starts Monday with Quebec’s provincial election and builds toward key statistics and corporate results that could shape markets and policy. Analysts will be watching trade figures, an industry aviation conference, Aritzia’s quarterly report and Statistics Canada’s September jobs release.
Ottawa’s decision to list the proposed Pacific Link pipeline as Canada’s first Project of National Interest has heightened immediate business calculations and political tensions, with industry, provincial leaders and Indigenous groups all recalibrating plans for jobs, investment and consultation.
The WHO is warning of a potential global shortage of 11.1 million health workers by 2030, while around a quarter of doctors are expected to retire within the next decade as ageing populations increase demand for care.
MediaTek has launched the Dimensity 9600 Pro, built using TSMC's advanced 2-nanometre technology, as chipmakers race to bring faster generative AI processing directly onto premium smartphones.
London-based Mantic has raised $25 million after its AI forecasting system outperformed human competitors in a major prediction tournament, drawing interest from businesses, government agencies and financial firms.
The Bank of Japan has raised its policy rate to 1.25%, its highest level in 31 years, as inflation risks increase. Yet the yen weakened after the decision, highlighting uncertainty over how quickly Japan will continue tightening monetary policy.
Toyota estimates it could spend around $6.4 billion annually from 2028 to modernise factories, accelerating automation and robotics as the global auto industry confronts labour shortages, ageing plants and rising manufacturing costs.