What’s In This Email

• Bank of Canada says, “Sorry” (kind of)

• Are Canadian airports getting a makeover?

• Watch movies outside all summer

• Style tip: 30 days of scarf tops

• Notable Spotlight: Good Company

• Notable Plug 🔌 

✍️ TAKE NOTE

Bank of Canada Says Sorry (Kind Of): Interest Rates Down, Trust Needs Work

The Bank of Canada is facing some heat after a rough couple of years. They're cutting interest rates again, but Canadians are feeling burned.

Key Takeaways

• Rate Hikes Hurt Homes & Businesses: Canadians were squeezed by rising inflation and higher borrowing costs.

• Mixed Messaging: The Bank of Canada initially promised low rates, then hiked them rapidly.

• Lost Trust? The Bank admits they need to rebuild trust with Canadians, especially young homeowners.

Why this matters: Owning a home just got harder in the last few years, thanks in part to the Bank of Canada's moves. The Bank is saying sorry, but regaining trust could take time. Here's hoping for clearer communication in the future!

Read the full article here.

Up, Up and Away? Canadian Airports Getting a Makeover (Maybe)

Last week, we shared that the competition bureau is conducting a survey to hear from Canadians about air travel. This week, we look at why Canadian airfare is notoriously expensive and how airlines are pointing the finger at airports.

Key Takeaways

• Airport Fees Blamed for High Ticket Prices: WestJet says high fees make it challenging to offer cheap flights.

• Feds Considering Privatization or Investment: The government might allow private companies to invest in airports or even sell them entirely.

• Don't Expect a Magic Fix: Experts say lower fares aren't guaranteed, even with changes.

Why this matters: Traveling is a priority for many of us, but expensive flights can cramp your style. This shake-up at airports could potentially lead to more competition and (fingers crossed) cheaper fares! While we can be optimistic, we should also be realistic, as the impact may be minimal.

Read the full article here.

@ligorbunova

summer in toronto means outdoor movie nights!!!🤍 tag someone you should go with! #torontosummer #todotoronto #thingstodointoronto #outdoor... See more

@claudyamoreira1

30 days Scarftops/ tutorial 4 #scarftutorial #fashionhacks

Good Company

@whyyouathome

It’s giving… Ossington if Ossington were central #toronto #bar #nightout #torontofood #todotoronto #drinks @Good Company

Book reservations

🔌  NOTABLE PLUG

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🧠 Today We Learned: Philip Zambardo's infamous Stanford Prison Experiment was flawed. Zimbardo copied one of his students' studies, which had been done three months prior, and used coercion, fear, and manipulation to get the results he wanted. This has led to many negative beliefs about human nature.

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Notable Life is Canada for young professionals, entrepreneurs, and culture generators operated by The Notable Group. Notable Daily inspires ideas and sharpens the minds of over 40,000 top-tier professionals in competitive industries.

Disclosure: While we utilize artificial intelligence (AI) to assist with certain aspects of content development, all information provided in our content is thoroughly vetted and edited by our team of humans. We strive to ensure the accuracy and reliability of all information. However, we recommend that readers conduct research or seek professional advice to make informed decisions. This email may contain sponsored content. v