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5 Things to Know Today: Tariffs, a CPI Surprise, and the Mortgage Rate Gap

  July 21, 2026 A new round of US tariffs, a surprise inflation dip, and a widening gap between fixed and variable mortgage rates are all moving in different directions today. Here's what's happening and what it means for your money. 1. Washington hits Canada with new 50% tariffs on everyday goods The White House has announced fresh 50% tariffs on a wide list of Canadian exports, including wine, dairy, furniture, hockey equipment, cement, and clothing. The move is framed as retaliation over Canada's dairy quotas, car import rules, and provincial bans on US alcohol. The tariffs take effect August 19 and apply even to goods that would normally qualify duty-free under CUSMA, though energy, potash, fish, and critical minerals are exempt. What it means for you: This round targets export industries, not imports into Canada, so it won't directly raise shelf prices here the way a Canadian tariff on US goods would. The bigger risk is indirect — job pressure in affected sectors ...
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Healthy Meals: Lentil Soup



Here's a classic Lentil Soup recipe:

Ingredients:

  • 1 cup dried green or brown lentils, rinsed and drained
  • 2 tablespoons olive oil
  • 1 onion, chopped
  • 2 carrots, peeled and diced
  • 2 celery stalks, diced
  • 3 cloves garlic, minced
  • 1 teaspoon ground cumin
  • 1/2 teaspoon ground coriander
  • 1/2 teaspoon smoked paprika (optional)
  • 1 bay leaf
  • 6 cups vegetable or chicken broth
  • 1 can (14 ounces) diced tomatoes
  • Salt and pepper to taste
  • Juice of 1 lemon
  • Fresh parsley or cilantro, chopped (for garnish, optional)


Instructions:

1. Prepare the Lentils:

  • Rinse the lentils under cold water and drain them.

2. Sauté the Vegetables:

  • In a large pot or Dutch oven, heat the olive oil over medium heat.
  • Add the chopped onion, carrots, and celery. Sauté for about 5 minutes, or until the vegetables begin to soften.

3. Add Spices and Garlic:

  • Stir in the minced garlic, ground cumin, ground coriander, smoked paprika (if using), and bay leaf. Sauté for an additional 1-2 minutes until the spices become fragrant.

4. Simmer with Broth and Tomatoes:

  • Add the rinsed lentils, vegetable or chicken broth, and diced tomatoes (with their juice) to the pot.
  • Bring the mixture to a boil, then reduce the heat to low. Cover the pot and let it simmer for about 20-25 minutes, or until the lentils are tender.

5. Season and Finish:

  • Once the lentils are cooked, season the soup with salt and pepper to taste.
  • Remove and discard the bay leaf.
  • Stir in the lemon juice for a fresh, bright flavor.

6. Serve:

  • Ladle the lentil soup into bowls.
  • Garnish with chopped fresh parsley or cilantro if desired.
  • Serve hot and enjoy!

This lentil soup is hearty, nutritious, and perfect for a comforting meal. You can also customize it by adding other vegetables or spices to suit your taste.





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