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5 Things to Know Today: BoC Decision Looms, TSX Sits Near Record Highs

  Saturday, July 11, 2026 Here's what Canadians need to know heading into the week, as markets brace for the Bank of Canada's rate decision and the CUSMA trade file keeps grinding along. 1. The Bank of Canada decides Wednesday, and a hold is all but locked in The Bank of Canada's next rate announcement lands July 15, and virtually every economist on Bay Street expects the overnight rate to stay parked at 2.25% — what would be a sixth straight pause. A stronger-than-expected June jobs report has taken away any urgency to cut, while cooling inflation and lingering trade uncertainty argue against a hike. Expect the accompanying statement to lean on familiar language: steady as she goes. 2. June's jobs report beat expectations, and the jobless rate ticked down Statistics Canada reported employers added roughly 18,000 jobs in June, ahead of forecasts and building on May's much larger 88,000-job gain. The unemployment rate slipped to 6.5%, back to where it stood in Januar...
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Trump’s Financial Snapshot: A Glimpse into His Assets


As the historic trial commences, an intriguing detail has surfaced regarding Donald Trump’s financial status. In 2021, Trump disclosed a statement to the court revealing his financial condition, which included a substantial amount of $293.8 million in cash and cash equivalents. This disclosure came alongside an image of the luxurious Mar-a-Lago resort, hinting at the opulence within Trump’s property portfolio.

The revelation of such a significant cash reserve raises questions about Trump’s broader financial dealings and the assets he holds. As the trial unfolds, further insights into Trump’s economic affairs are anticipated, potentially shedding light on the complexities of his wealth.

This financial disclosure is a key piece of evidence in the trial, offering a rare peek into the private financial affairs of a figure who has consistently been at the center of public and political scrutiny.

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