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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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Syria's Assad Falls: Celebrations Erupt as President's Whereabouts Remain Unknown

 


In a stunning turn of events, Syrian opposition fighters have successfully taken control of Damascus, leading to widespread celebrations across the city. The whereabouts of President Bashar al-Assad remain unknown, with reports indicating that he has fled the capital.

The rapid advance of rebel groups, including Hayat Tahrir al-Sham, has marked the end of Assad's 13-year rule and the collapse of the Assad family's 50-year dynasty. Crowds gathered in Damascus squares, chanting anti-Assad slogans and honking car horns, as soldiers and police officers abandoned their posts.

Residents expressed a sense of liberation, with many recounting personal losses suffered under Assad's regime. The situation remains fluid, with the international community closely monitoring developments and the United Nations relocating non-critical staff as a precaution.

As Syria enters a new chapter, the future of the country hangs in the balance, with hopes for a peaceful transition and rebuilding.



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