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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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Trump Suggests Making Canada the 51st U.S. State: A Bold Proposal

 

In a recent statement, former President Donald Trump made waves by suggesting that Canada should become the 51st state of the United States. While speaking at a rally, Trump claimed that the idea of incorporating Canada into the U.S. was not just a passing thought, but a "real thing" he was considering.

The bold proposal has sparked immediate reactions, with many questioning its feasibility and implications. Critics point to the significant political, cultural, and economic differences between the two countries, which might make such an integration challenging. Supporters, however, see it as an opportunity for stronger economic ties and a unified front on the global stage.

Although Trump’s suggestion was likely meant to stir conversation, it raises important questions about the future of North American relations and the boundaries of national identity. Whether this idea gains any traction or remains a talking point in political circles, it has certainly captured the attention of many.

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