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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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Notre-Dame Cathedral Reborn: A Testament to Resilience and Restoration

 

After five years of meticulous reconstruction, the iconic Notre-Dame Cathedral is set to reopen its doors to the public on December 8, 2024. The reopening ceremony will take place on December 7, marking a significant milestone in the cathedral's history.

The fire on April 15, 2019, caused extensive damage to the historic cathedral, collapsing its iconic spire and causing significant harm to its roof, stained-glass windows, and interior artworks. Despite initial doubts and estimates that the restoration could take up to 40 years, French President Emmanuel Macron's ambitious goal to complete the reconstruction within five years has been achieved.

The restoration project, costing around $737 million, was funded by donations from 340,000 individuals across 150 countries. The project involved the efforts of 2,000 artisans and 250 companies, who worked tirelessly to restore the cathedral to its former glory. The new roof and spire have been built using 1,500 trees, including the tallest tree measuring 88 feet tall. Additionally, the cathedral's 8,000 organ pipes were cleaned and retuned, and new fire prevention systems were installed to protect the historic landmark.

Visitors will be greeted with a brighter, more vibrant interior, thanks to the restoration of intricate murals, gilded stars on ceilings, and marble statues. The cathedral's bells, which had been silent for over five years, rang out once again during a recent test, signaling the return of this beloved Parisian landmark.

The reopening of Notre-Dame Cathedral is not just a celebration of its restoration but also a testament to the resilience and dedication of those who worked to preserve this piece of history. As the cathedral reopens, it invites visitors to once again experience its beauty and significance, ensuring that its legacy continues for generations to come.



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