Canadian inflation holds steady, likely keeping BoC hikes on ice

Bullets Dodged Thu, Jul 30 2026, 4:14 PM We’ve seen our fair share of bonds punishing the market on occasions where bond traders were forced to worry about a significant change in a fiscal or monetary regime (or the absence of a desired change). Wednesday’s reaction to the Fed ran the risk…

Sunday’s Amazon plane crash almost destroyed a bunch of Elon Musk’s latest invention. At least five people died, and five more were injured, after the Amazon Prime Air Boeing 767 overshot the runway at Miami International Airport. Images showed the airplane came to a halt next to a parking lot that appeared to contain a…

US data left the Federal Reserve in an uncomfortable position. Core PCE for July rose 0.2% month on month and 3.3% year on year, both in line with consensus, while headline PCE came in firmer at 3.7%, a tenth above expectations1. As the Fed’s preferred measure, it points to inflation that remains stubborn and limits…

The local branch of the Society for the Prevention of Cruelty to Animals says it is dealing with more than double the number of abandoned animals that it typically registers daily. SPCA executive director Sylvie Bourbonnière says that while it ordinarily takes in about 20 pets in a 24-hour period, it’s been receiving at least…

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More than 75 organizations have come together to address a major issue: a national shortage of skilled tradespeople. The Lowe’s Foundation, a nonprofit funded by the home improvement retail giant, last week launched the Building Futures Skilled Trades Coalition to invest in and improve the country’s workforce of skilled laborers. Homebuilders say the rising cost…