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In the news today: Liberals tout budget, October jobs data, Canadiens' OT winner
The government plans $11.2 billion over four years to reduce homelessness as Statistics Canada releases October jobs data and economists watch for a 13,600-job gain.
On Thursday, Prime Minister Mark Carney and National Revenue Francois-Philippe Champagne tabled the federal budget in Ottawa, introducing a long-term plan to address homelessness.
The Carney government proposes ending homelessness in Canada within a decade, pledging $11.2 billion over four years starting next year and $17.8 billion over 10 years.
Economic challenges persist as Statistics Canada reported the Canadian economy lost 68,000 jobs in September, with the unemployment rate rising to 6.5 per cent.
Statistics Canada releases October labour force survey numbers today, with LSEG Data and Analytics reporting economists expect a gain of 13,600 jobs and an unchanged unemployment rate.
Prime Minister Mark Carney will travel to Winnipeg to showcase the new measures, while National Revenue Francois-Philippe Champagne attends an event in Montreal hosted by the Montreal Council on Foreign Relations.