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5 Things to Know Today: Inflation Data, a Tariff Countdown, and a Big Energy Deal

  August 17, 2026 Inflation data lands this morning, the clock on the U.S. tariff deadline is down to two days, and a long-running provincial energy dispute is about to be settled. Here's what's moving your money today. 1. Today's Inflation Report Could Set the Tone for September Statistics Canada releases July's Consumer Price Index this morning. Economists are expecting the annual rate to tick up to roughly 2.9%, from 2.8% in June, mainly because gasoline prices swung higher again in July after the Middle East conflict pushed oil prices back up. Core inflation measures, which the Bank of Canada watches most closely, aren't expected to move much. What it means for you: A hotter-than-expected print would make it less likely the Bank of Canada cuts rates at its September 2 meeting, which matters if you're renewing a variable-rate mortgage or carrying a line of credit. A softer number keeps a cut on the table. 2. The Tariff Deadline Is Two Days Away, and Talks Are...

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Your daily horoscope: August 8, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

A new friendship, or maybe even a new romance, will light up your life over the next 12 months and the pleasure you get from it will have a knock-on effect on your working relationships as well. Treat people well and they will treat you even better.

ARIES (March 21 - April 20):

You may be tempted to retreat into your shell and keep the big, bad world at bay but that approach is unlikely to work for long. Instead, try identifying why you are under so much pressure and then find innovative ways to do something about it.

TAURUS (April 21 - May 21):

It’s quite possible that you could go over the top emotionally today, especially if you feel that you are being ignored or in some other way treated unfairly. Whatever the provocation, don’t lose your cool, because it may take a while to find it again.

GEMINI (May 22 - June 21):

Mars in your sign makes it easy for you to take chances but other aspects warn this may not be the best time to push boundaries. Also, if someone you work with is critical of your actions find out why they feel that way, don’t just get angry.

CANCER (June 22 - July 23):

Venus in the travel area of your chart makes this a good time to get away with family and friends but as Mercury is now moving retrograde you must plan your route carefully. If you just head out into the wide blue yonder you could get lost!

LEO (July 24 - Aug. 23):

You may be of the opinion that if you had more cash in your pocket you would be happier but that isn’t necessarily true. Attitude is everything and if you think rich today you will be rich in ways that don’t just require more money or possessions.

VIRGO (Aug. 24 - Sept. 23):

Whatever your No. 1 passion happens to be that is what you must focus on today. Others may say you should concentrate more on tasks that they want you to do but they are wrong – nothing matters more now than your own personal happiness.

LIBRA (Sept. 24 - Oct. 23):

Try not to pay too much attention to what is going on around you today because if you focus on what other people are saying and doing you will be easily distracted. You have an important task to take care of, so pretend you can’t see or hear them.

SCORPIO (Oct. 24 - Nov. 22):

In the greater scheme of things there is no such thing as coincidence and what occurs over the next 24 hours will make you aware that a number of seemingly random events are coming together in a very unrandom way – and very much to your benefit.

SAGITTARIUS (Nov. 23 - Dec. 21):

You may want to believe that a friend or family member can do no wrong but the planets indicate they have in fact made a major error that needs to be dealt with. No one is perfect, not even you, so don’t be too hard on them.


CAPRICORN (Dec. 22 - Jan. 20):

Cosmic activity in the most adventurous area of your chart makes it easy to start something new but because mind planet Mercury is going through its retrograde phase you must plan carefully every step of the way. Be daring but don’t be reckless.

AQUARIUS (Jan. 21 - Feb. 19):

It would appear that someone is trying to keep you in the dark about a situation you want to know more about. You have every right to dig deeper and find out what is going on but there is no guarantee you will be delighted by what you find.

PISCES (Feb. 20 - Mar. 20):

You seem to be flavour of the month at the moment and long may that happy situation continue, but don’t fall into the trap of thinking you can do as you please without fear of the consequences. Others people’s goodwill is unlikely to be limited.

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