Wildfire–Tariff Fallout: U.S. President Donald Trump escalated pressure on Canada over wildfire smoke, threatening new tariffs and blaming “willful negligence,” while Ottawa says it’s already coordinating firefighting and urges U.S. support. Wildfire Response Update: Canada reported 796 active fires and warned fire danger could rise again through summer, with new federal preparedness funding announced. Central Banking Watch: The ECB signalled it may pause another rate hike, keeping September on the table as oil-price and conflict risks cloud the outlook. Trade & Industry: Aluminium producers pushed for higher duties on low-grade scrap imports, citing dumping and protectionism elsewhere. World Cup Finance: FIFA expects the 2026 tournament to top $13B in total revenue across the cycle, with this summer’s event projected near $10.9B. ETF & Crypto Flows: Bitcoin ETFs logged record $2.1B net inflows, while Canada Crypto Week runs July 20–26, spotlighting Web3, digital assets and AI. Fidelity ETF Wind-down: Fidelity Canada announced estimated special reinvested distributions for two terminating ETFs ahead of July 24 delistings. Infrastructure & Ports: The Port of Vancouver picked TerraMarine as preferred proponent for Roberts Bank Terminal 2’s landmass and wharf work, targeting 30%+ capacity growth. Auto Bargaining: Ford and Unifor reached a tentative three-year deal with wage increases, bonuses and job security, set to be voted on July 18–19. Banking & Climate Scrutiny: New reports allege major banks increased fossil-fuel financing even as climate pledges weakened.