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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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Harris and Trump Neck-and-Neck as Election Day Approaches

 


With just days remaining until the 2024 U.S. presidential election, the race between Vice President Kamala Harris and former President Donald Trump is incredibly tight. Recent polls indicate a virtual tie, with both candidates vying for crucial swing states that could determine the outcome.

In Pennsylvania, a CNN poll conducted by SSRS shows the race is tied, while a Quinnipiac University poll gives Trump a slight edge. Nationally, the latest TIPP Tracking Poll also shows both candidates at 48% support. Harris maintains a narrow lead in Michigan and Wisconsin, according to CNN polls.

Both candidates are making their final appeals to voters in key battleground states. Harris is focusing on economic issues and job creation, while Trump is emphasizing his stance on immigration and appealing to religious voters. Early voting numbers have reached unprecedented levels, with millions of Americans already casting their ballots.

As Election Day approaches, the outcome remains uncertain, with both campaigns working tirelessly to secure a victory on November 5.

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