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5 Things to Know Today: July 29, 2026

  Wednesday, July 29, 2026 A fresh Iran missile attack has oil swinging again, the TSX just set another record, the Fed decides this afternoon, Microsoft and Meta report tonight, and your CPP deposit lands today. Here's what it means for your wallet. 1. Your CPP payment lands today Wednesday, July 29 is a Canada Pension Plan deposit day — the seventh of twelve scheduled payments this year and the last one before the August cycle. If you're collecting the maximum retirement pension starting at 65, you'll see $1,507.65 land in your account. The average new beneficiary starting at 65 receives $877.01 . Your amount will match what you received in June: CPP is indexed only once a year, in January (this year's bump was 2.0%), so there's no mid-year change. The next adjustment arrives with the January 2027 deposit. What it means for you: If your deposit is smaller than expected, it's almost always something individual — an early-start reduction, tax withholding, or a...
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Trump Appoints In-Laws to Key International Roles

 


In a move that underscores his reliance on trusted family members, President-elect Donald Trump has appointed his in-laws, Charles Kushner and Massad Boulos, to significant international positions. This decision marks the second time in as many days that Trump has selected family members for key roles in his administration.

Charles Kushner, the father of Trump's son-in-law Jared Kushner, has been named the U.S. ambassador to France. Kushner, a billionaire real estate developer, was previously convicted on federal charges but received a pardon from Trump in 2020. His appointment is expected to play a pivotal role in engaging with the French government, a key partner in enforcing the ceasefire in Lebanon and countering Iran's nuclear ambitions.

Massad Boulos, the father-in-law of Trump's daughter Tiffany, has been appointed as the senior adviser on Arab and Middle Eastern affairs. Boulos, a billionaire businessman with significant interests in Nigeria and strong connections in Lebanon, was a key figure in Trump's campaign outreach to Arab American voters. His new role positions him as a central figure in post-war efforts for regional peace.

Trump's reliance on family members for critical posts has raised questions about conflicts of interest and nepotism. However, Trump has defended his choices, describing both Kushner and Boulos as accomplished leaders with extensive international experience.

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