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5 Things to Know Today: Inflation Data, Gas Prices & a Mortgage Rate Gap (July 20, 2026)

  July 20, 2026 Here's what's moving Canadian wallets today: a big inflation number lands this morning, gas prices are climbing again, mortgage shoppers are staring at the widest fixed-variable gap in years, and there's a fresh scam warning from the CRA. 1. Statistics Canada releases June inflation data today Statistics Canada is publishing the June Consumer Price Index this morning. Economists polled by Reuters expect the headline rate to ease to roughly 2.9%, down from May's 3.2% — which had been the fastest pace since late 2023. The expected improvement comes mainly from a temporary lull in gasoline prices last month, though the Bank of Canada has already warned that the outlook remains clouded by the Middle East conflict and unresolved trade issues with the United States. What it means for you: A softer number would be welcome, but don't expect it to last — gas prices have already jumped again in July. Grocery and household budgets should stay tight through the...
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Passover 2025: A Celebration of Freedom and Tradition

 

Passover, also known as Pesach, is a significant Jewish holiday that commemorates the liberation of the Israelites from slavery in ancient Egypt. In 2025, Passover begins at sundown on Saturday, April 12, and concludes at nightfall on Sunday, April 20.

This eight-day festival is rich in traditions and rituals. It starts with the Seder, a ceremonial meal held on the first two nights (or just the first night in Israel). The Seder includes storytelling, symbolic foods, and the recitation of prayers, all aimed at retelling the story of the Exodus. Throughout the holiday, leavened products are avoided, and matzah, an unleavened bread, is eaten to honor the haste with which the Israelites left Egypt.

Passover is not only a time for reflection and gratitude but also a celebration of freedom and resilience. It serves as a reminder of the enduring spirit of a people who overcame adversity to forge a new path.

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