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5 Things to Know Today: Inflation Data, a Tariff Countdown, and a Big Energy Deal

  August 17, 2026 Inflation data lands this morning, the clock on the U.S. tariff deadline is down to two days, and a long-running provincial energy dispute is about to be settled. Here's what's moving your money today. 1. Today's Inflation Report Could Set the Tone for September Statistics Canada releases July's Consumer Price Index this morning. Economists are expecting the annual rate to tick up to roughly 2.9%, from 2.8% in June, mainly because gasoline prices swung higher again in July after the Middle East conflict pushed oil prices back up. Core inflation measures, which the Bank of Canada watches most closely, aren't expected to move much. What it means for you: A hotter-than-expected print would make it less likely the Bank of Canada cuts rates at its September 2 meeting, which matters if you're renewing a variable-rate mortgage or carrying a line of credit. A softer number keeps a cut on the table. 2. The Tariff Deadline Is Two Days Away, and Talks Are...
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Israel Halts Return of Thousands of Palestinians Amid Hostage Dispute with Hamas

 

In a recent development, Israel has stopped the return of thousands of Palestinians to their homes in northern Gaza, citing a violation of the ceasefire agreement by Hamas. The ceasefire, which was meant to bring peace and allow displaced Palestinians to return home, has been disrupted due to the non-release of a civilian hostage, Arbel Yehud.

According to Israeli officials, Hamas was supposed to release Yehud before freeing four female soldiers. However, Hamas did not adhere to this order, leading Israel to block the return of Palestinians until the situation is resolved. This decision has left many Palestinians stranded and uncertain about their future.

The ceasefire deal, which was brokered to end 15 months of conflict, included the release of hostages and Palestinian prisoners, as well as increased humanitarian aid for Gaza. Despite the initial hope brought by the ceasefire, the current dispute has cast a shadow over the fragile peace.

As negotiations continue, both sides remain hopeful for a resolution that will allow the safe return of displaced Palestinians and the release of all hostages. The international community continues to monitor the situation closely, urging both parties to adhere to the terms of the ceasefire and work towards lasting peace.




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