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5 Things to Know Today: OTB Deposits, Tariff Talks & Mortgage Rates (Aug 10, 2026)

  Monday, August 10, 2026 Here's what's moving your money today — from a benefit deposit landing in Ontario mailboxes to the latest on the Aug. 19 tariff deadline. 1. Your Ontario Trillium Benefit Lands Today If you're an Ontario resident who qualifies for the Ontario Trillium Benefit (OTB) — which bundles the Ontario Energy and Property Tax Credit, the Northern Ontario Energy Credit, and the Ontario Sales Tax Credit — your August payment is scheduled to hit today, August 10. Payments arrive by direct deposit or cheque depending on how you're set up with the CRA. What it means for you: Check your bank account or My CRA Account today. If you were expecting a deposit and don't see one by end of day, the CRA recommends waiting 5–10 business days before reporting it missing — mailed cheques can take longer than direct deposit. 2. Ottawa May Ease Alcohol Import Rules to Get a Tariff Deal With nine days left before the U.S.'s threatened 50% tariff on a broad list of ...
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Liberals Secure Fourth Mandate Amid Political Shifts

The Liberal Party of Canada has achieved a historic fourth consecutive mandate, led by Prime Minister Mark Carney. This victory marks a significant rebound for the party, which faced challenges following the resignation of former Prime Minister Justin Trudeau earlier this year. 

While the final count of seats remains uncertain, early projections suggest the Liberals may form a minority government, requiring collaboration with other parties to pass legislation. Carney, who won his Ottawa-area riding, emphasized unity and inclusivity in his victory speech, promising to govern for all Canadians. 

The election saw a dramatic collapse in support for the New Democratic Party, with leader Jagmeet Singh announcing his resignation after losing his seat. Meanwhile, Conservative leader Pierre Poilievre vowed to hold the Liberal government accountable, despite trailing in his own riding. 

This election unfolded against the backdrop of economic tensions with the United States, housing affordability concerns, and climate policy debates. Canadians now await the final seat count to determine the shape of their next government.

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