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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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Canadian Excel Maestro Claims World Spreadsheet Championship Title

 

Michael Jarman, a financial modelling director from Toronto, has been crowned the new world champion of managing spreadsheets in Microsoft Excel. Jarman clinched the title at the Microsoft Excel World Championships held in Las Vegas on December 4, 2024, defeating Australia's three-time champion Andrew Ngai in a thrilling finale.

The competition, which is akin to an esports event, required participants to build and manage spreadsheets to perform tasks and solve problems based on a World of Warcraft theme. Jarman's victory came after an intense final round where he successfully tracked various game statistics, including experience points and health, under immense pressure.

For his remarkable skills, Jarman took home a $5,000 prize and the event's signature championship belt. "It was an amazing feeling," Jarman said. "It's definitely a really great memory for me, and will be for a long time."

Jarman's triumph not only highlights his exceptional Excel abilities but also showcases the growing popularity of spreadsheet competitions as a unique and entertaining sport.



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