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5 Things to Know Today: BoC Decision, TSX 3-Week High, GTA Home Sales Surge

  Here's what Canadians need to know this Monday — a Bank of Canada decision two days out, a stock market at a three-week high, and a new benefit year kicking in for families. 1. Bank of Canada Decision Lands Wednesday The Bank of Canada announces its next interest rate decision on Wednesday, July 15 , alongside a fresh Monetary Policy Report. After five straight holds, markets are overwhelmingly pricing in a sixth: the overnight rate is expected to stay at 2.25% . Cooling oil-driven inflation fears and a stronger-than-expected June jobs report have taken pressure off the Bank to move in either direction. What it means for you: If you're carrying a variable-rate mortgage or HELOC, expect no change to your payment this week. Fixed-rate shoppers should watch bond yields going into Wednesday — any surprise in tone from the Bank could move fixed rates faster than the overnight rate itself. 2. TSX Closes at a Three-Week High The S&P/TSX Composite ended Friday's session up 1...
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U.S. Probes Leak of Classified Documents on Israel’s Attack Plans

 

The United States government has launched an investigation into the unauthorized release of highly classified documents detailing Israel’s plans to attack Iran. These documents, marked as top secret, were posted on the Telegram messaging app and first reported by CNN and Axios.

The leaked documents provide a detailed assessment of Israel’s military strategies and capabilities, including sensitive information that suggests Israel possesses nuclear weapons. The authenticity of the documents has been confirmed by multiple U.S. officials, who have expressed concern over the potential implications of this breach.

The investigation aims to identify the source of the leak and assess the potential damage to national security and international relations. This incident underscores the ongoing challenges in safeguarding classified information in the digital age.

If you have any questions or need further details, feel free to ask!

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