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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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Tensions Escalate as Strike on Israeli Golan Heights Kills 11

 

A deadly rocket strike on the Israeli-controlled Golan Heights has claimed the lives of 11 children and teenagers, raising fears of a broader regional conflict. The attack, which occurred on a soccer field in the Druze town of Majdal Shams, marks the deadliest strike on an Israeli target along the northern border since the recent escalation of hostilities between Israel and Hezbollah.

Israeli authorities have blamed the Lebanese militant group Hezbollah for the attack, but Hezbollah has vehemently denied any involvement. Rear Adm. Daniel Hagari, the chief spokesman for the Israeli military, described the incident as a “very serious” event and vowed that Israel would respond accordingly.

Hezbollah’s chief spokesman, Mohammed Afif, stated that the group “categorically denies carrying out an attack on Majdal Shams.” This denial is unusual for Hezbollah, which has claimed responsibility for multiple attacks on Israeli military posts in recent days.

The strike follows a series of cross-border skirmishes, including Israeli airstrikes on Hezbollah positions in southern Lebanon and retaliatory attacks by Hezbollah. The escalating violence has prompted Israeli Prime Minister Benjamin Netanyahu to cut short his visit to the United States.

Lebanon’s government has called for an immediate cessation of hostilities and condemned all attacks on civilians. As tensions continue to rise, the international community watches with concern, fearing that the conflict could spiral into a wider regional war.


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