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Bank of Canada Says More Rate Hikes Could Be Coming: What It Means for Your Mortgage and HELOC

  Canadian Money Brief  |  November 11, 2026 Bank of Canada Says More Rate Hikes Could Be Coming: What It Means for Your Mortgage and HELOC By the MoneySavings.ca team  •  6 min read The Bank of Canada raised its key rate on October 28, the first increase since 2023. Yesterday it signalled it may not be done. The summary of deliberations, released Tuesday, says Governing Council agreed there could be a need to raise the policy rate further, while taking decisions one meeting at a time. If you carry a variable-rate mortgage or a home equity line of credit (HELOC), that is a headline worth a few minutes. Here is what the Bank said, what another hike would cost, and what you can do before the next decision on December 9 . 2.50% Policy rate since Oct 28 4.70% Big-bank prime since Oct 29 3.5% BoC CPI forecast, end of 2026 Dec 9 Next rate decision What the Bank actually said The core of the story is energy. The Bank notes that the war in the Middle East is in its eig...
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13 Essential Traits for Women to Succeed in Their Careers



Here are some tips to develop the traits  for women to Succeed in their Careers: 

 1. Confidence: Practice self-affirmation and positive self-talk. Set achievable                    goals and celebrate your accomplishments. Surround yourself with supportive             people who encourage you to be your best self. 

2. Resilience: Learn from your failures and mistakes. Embrace challenges as opportunities for growth. Cultivate a growth mindset and focus on the lessons learned from difficult experiences.

3. Adaptability: Be open to change and new experiences. Learn new skills and take on new challenges. Be willing to step outside of your comfort zone and try new things.

4. Self-awareness: Reflect on your thoughts, feelings, and behaviors. Identify your strengths and weaknesses. Seek feedback from others to gain a better understanding of how you are perceived.

5. Empathy: Practice active listening and try to understand other people’s perspectives. Show compassion and kindness towards others. Volunteer or get involved in community service to develop your empathy skills.

6. Vision: Set long-term goals and create a plan to achieve them. Visualize your success and focus on the steps you need to take to get there.

7. Passion: Pursue activities that you are passionate about. Find ways to incorporate your passions into your work or career.

8. Perseverance: Stay committed to your goals even when faced with obstacles or setbacks. Keep pushing forward and don’t give up on your dreams.

9. Courage: Take risks and be willing to fail. Stand up for what you believe in, even if it’s not the popular opinion.

10. Humility: Recognize that you don’t know everything and be open to learning from others. Admit when you make mistakes and take responsibility for your actions.

11.nCreativity: Embrace your creativity and find ways to express yourself through art, music, writing, or other creative outlets.

12. Authenticity: Be true to yourself and don’t try to be someone you’re not. Embrace your unique qualities and use them to your advantage.

13. Open-mindedness: Be open to new ideas, perspectives, and experiences. Challenge your own beliefs and biases by seeking out diverse viewpoints.


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