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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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Mark Carney: Quebec's Unlikely Contender

In the bustling political landscape of Quebec, Mark Carney has emerged as a figure who defies conventional expectations. Known for his financial acumen and international reputation, Carney's transition into politics has been met with both skepticism and intrigue. Yet, as the race intensifies, voters appear willing to give him the benefit of the doubt.

Carney's appeal lies in his ability to connect with diverse audiences, blending his expertise with a relatable demeanor. His campaign has focused on addressing economic disparities and fostering unity in a province often marked by linguistic and cultural divides. While critics question his lack of political experience, supporters argue that his fresh perspective is precisely what Quebec needs.

As election day approaches, Carney's journey serves as a reminder that in politics, adaptability and authenticity can sometimes outweigh traditional credentials. Whether he succeeds or not, his candidacy has undoubtedly added a unique dynamic to Quebec's political narrative.




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