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5 Things to Know Today: WestJet's Deal, Mortgage Rates & the Tariff Countdown

  August 4, 2026 Here's what's moving your money today — a strike that's officially over, mortgage rates holding their line, a small break at the pumps, and a tariff clock that's ticking louder. 1. WestJet and its flight attendants reached a deal — the strike is over WestJet and CUPE Local 8125 announced a tentative agreement on August 3, ending the operational shutdown that grounded most of WestJet's mainline fleet after roughly 4,400 flight attendants walked out August 2. The airline had cancelled hundreds of flights and stranded thousands of travellers over the long weekend before the deal was reached. What it means for you: If you had a WestJet booking affected by the disruption, you're still entitled to a refund or rebooking. WestJet's fee-free change/cancel window for bookings made through the disruption period is also still in effect — check your confirmation email for the exact terms before you call in. 2. Mortgage rates are holding steady — for now...

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Netanyahu Cancels Israeli Delegation to U.S. After U.N. Ceasefire Vote

Israeli Prime Minister Benjamin Netanyahu has canceled an Israeli delegation’s planned visit to Washington, D.C., scheduled for this week. The decision came after the United States refrained from vetoing a United Nations Security Council resolution calling for an immediate ceasefire between Israel and Hamas in Gaza.

The U.N. Security Council’s resolution marks the first time it has demanded an immediate ceasefire since the war began. Fourteen out of fifteen countries voted in favor of the resolution, which specifically called for a halt to fighting in Gaza during the month of Ramadan. Notably, the resolution did not impose any preconditions, such as the release of hostages.

The United States’ abstention from voting was a significant shift. Just last week, the U.S. submitted a draft resolution calling for an immediate ceasefire without linking it to the release of hostages held by Hamas in Gaza. The change in position reflects a departure from decades of stalwart support for Israel.

U.S. Ambassador to the United Nations, Linda Thomas-Greenfield, emphasized the ongoing diplomatic efforts led by the United States, Qatar, and Egypt to secure an immediate and sustainable ceasefire. She stressed the need to alleviate the suffering of Palestinian civilians in Gaza, who are in dire need of protection and life-saving humanitarian assistance.

Netanyahu’s decision to cancel the delegation’s trip underscores the tension surrounding the UN vote and highlights the delicate balance between international diplomacy and regional conflict. As the situation continues to evolve, the world watches closely for any signs of progress toward peace in the troubled region.

Last October, President Biden met with Netanyahu in Tel Aviv, but recent events have strained the traditionally strong U.S.-Israel relationship.

As the conflict persists, the international community remains hopeful for a resolution that brings an end to the violence and paves the way for lasting peace in the Middle East.

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