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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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Shock and Sorrow: Pilgrims Mourn Pope’s Sudden Passing in St. Peter’s Square

 


The joyous Easter celebrations in Vatican City took an unexpected and somber turn as news of the Pope’s death rippled through the crowds gathered in St. Peter’s Square. Thousands of pilgrims, basking in the warm spring sun, had assembled for traditional Easter Sunday blessings when the devastating announcement came.

Gasps of disbelief and waves of grief spread through the congregation, many falling to their knees in prayer. Tears streamed down faces as worshipers clutched rosaries and embraced one another in mourning. The Pope, revered by millions around the world, had long been a spiritual beacon, guiding the faithful with wisdom and compassion.

“This is unreal,” said a tearful pilgrim from Argentina. “We came here expecting to celebrate Easter with him, and now we’re mourning. He was like a father to us all.”

Vatican officials swiftly arranged a special memorial service, allowing pilgrims to offer their respects. Candles were lit, and hymns filled the square as the faithful gathered in collective remembrance. The mood, though tragic, was one of deep unity—an enduring testament to the Pope’s lasting impact on the world.

As the Church prepares for the difficult days ahead, believers across the globe join in mourning and reflection, honoring the life and legacy of a leader who dedicated himself to peace, faith, and service.

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