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5 Things to Know Today: July 29, 2026

  Wednesday, July 29, 2026 A fresh Iran missile attack has oil swinging again, the TSX just set another record, the Fed decides this afternoon, Microsoft and Meta report tonight, and your CPP deposit lands today. Here's what it means for your wallet. 1. Your CPP payment lands today Wednesday, July 29 is a Canada Pension Plan deposit day — the seventh of twelve scheduled payments this year and the last one before the August cycle. If you're collecting the maximum retirement pension starting at 65, you'll see $1,507.65 land in your account. The average new beneficiary starting at 65 receives $877.01 . Your amount will match what you received in June: CPP is indexed only once a year, in January (this year's bump was 2.0%), so there's no mid-year change. The next adjustment arrives with the January 2027 deposit. What it means for you: If your deposit is smaller than expected, it's almost always something individual — an early-start reduction, tax withholding, or a...
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Israel Orders Evacuation of Gaza Humanitarian Zone Amid Ongoing Conflict

 

The Israeli military has ordered the evacuation of part of the Gaza Strip’s humanitarian zone, citing the presence of Hamas militants who have embedded themselves in the area. This zone, located in the southern Gaza Strip, has been a refuge for many Palestinians displaced by the ongoing conflict.

The evacuation order affects the eastern part of the al-Muwasi humanitarian zone. The Israeli military stated that Hamas militants have been using this area to launch rockets towards Israel, necessitating the evacuation to ensure civilian safety and to target the militants more effectively.

The humanitarian situation in Gaza remains dire, with many residents living in makeshift camps lacking basic sanitation and medical facilities. The conflict has resulted in significant casualties and displacement, with over 38,900 people reported dead since the war began.

Negotiations for a cease-fire continue, with efforts from Egypt, Qatar, and the United States to mediate a phased agreement between Israel and Hamas. Despite these efforts, the humanitarian crisis in Gaza persists, exacerbated by the ongoing military operations and the deteriorating living conditions for its residents.

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