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5 Things to Know Today: BoC Decision Looms, Oil Spikes, Bigger CCB Cheques Land

  Tuesday, July 14, 2026 Good morning. Here's what Canadians need to know today, from tomorrow's Bank of Canada rate call to a bigger Canada Child Benefit deposit landing next week. 1. Bank of Canada decides tomorrow — a hold is widely expected The Bank of Canada announces its interest rate decision Wednesday, July 15, at 9:45 a.m. ET, alongside its quarterly Monetary Policy Report. Markets and economists widely expect the Bank to hold its key rate at 2.25%, with Governor Tiff Macklem holding a press conference at 10:45 a.m. ET to explain the decision. What it means for you: If you're renewing a mortgage or carrying a variable-rate loan or HELOC, tomorrow's decision likely won't change your payment. But watch the tone of the statement closely — renewed oil-price pressure (see #3) could shape how the Bank talks about inflation risk heading into the fall. 2. U.S. inflation data drops this morning The U.S. Bureau of Labor Statistics releases its June Consumer Price In...

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Drones Patrol Greek Beaches to Tackle Sunbed Overcrowding


Greek beaches, once synonymous with sunbed-covered shores, are now witnessing a crackdown enforced by drones. These unmanned aerial vehicles are on a mission to restore order and combat overcrowding caused by unauthorized sunbeds and umbrellas.

Overcrowding and Unauthorized Businesses

In recent years, Greek public beaches have fallen victim to fly-by-night businesses that set up sunbeds and umbrellas without proper permits. These establishments charge beachgoers for services while encroaching on public spaces. Locals have grown increasingly frustrated, leading to citizen-led movements like “The Beach Towel Movement” and “Free Beaches for All.”

The Drone Solution: Enforcing New Legislation 

To address this issue, the Greek government introduced legislation in March. Drones now patrol popular beaches, including those on the Athens Riviera, Mykonos, Santorini, and Corfu. Their mission? Detecting illegally placed sunbeds and umbrellas. Citizens also assist by using the MyCoast digital app to report violations.

Legal Requirements and Fines 

The new law mandates that Greek beaches must be 70% sunbed-free (or 85% in protected areas). Violators face hefty fines. For instance, a business operating without a license on Thymari beach received a €220,000 penalty—an hour’s drive south of Athens.

Balancing Tourism and Environment 

Greek Minister of National Economy and Finance Kostis Hatzidakis emphasizes the need to protect both the environment and citizens’ right to free beach access. By enforcing rules, Greece aims to preserve its pristine coastlines while supporting responsible entrepreneurship.

In summary, drones are now the guardians of Greek beaches, ensuring that sunbeds don’t crowd out the natural beauty that draws tourists from around the world. 

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