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5 Things to Know Today: BoC Decision Looms, TSX Sits Near Record Highs

  Saturday, July 11, 2026 Here's what Canadians need to know heading into the week, as markets brace for the Bank of Canada's rate decision and the CUSMA trade file keeps grinding along. 1. The Bank of Canada decides Wednesday, and a hold is all but locked in The Bank of Canada's next rate announcement lands July 15, and virtually every economist on Bay Street expects the overnight rate to stay parked at 2.25% — what would be a sixth straight pause. A stronger-than-expected June jobs report has taken away any urgency to cut, while cooling inflation and lingering trade uncertainty argue against a hike. Expect the accompanying statement to lean on familiar language: steady as she goes. 2. June's jobs report beat expectations, and the jobless rate ticked down Statistics Canada reported employers added roughly 18,000 jobs in June, ahead of forecasts and building on May's much larger 88,000-job gain. The unemployment rate slipped to 6.5%, back to where it stood in Januar...

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Almond Cookies


With their chewy texture, rich almond flavor, and just the right amount of sweetness, almond cookies are perfect for holiday gatherings, afternoon tea, or a cozy coffee break.


Ingredients

3 large egg whites

½ teaspoon salt

½ teaspoon almond extract

1 teaspoon vanilla extract

1 cup granulated sugar

2½ cups almond flour

About 1 cup confectioners’ sugar (for rolling)


instructions

1. Whisk egg whites, salt, almond extract, and vanilla extract until frothy.

2. Add granulated sugar and whisk until combined.

3. Stir in almond flour until the dough comes together.

4. Chill the dough in the refrigerator for at least 1 hour.

5. Roll dough into balls, coat with confectioners’ sugar, and place on baking sheets.

6. Bake at 350°F (175°C) for 20-25 minutes until puffed with a crinkled appearance.

7. Let cool on baking sheets before transferring to a wire rack.




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