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5 Things to Know Today: BoC Hike Bets, TSX Slide, Oil Near $100 (Oct. 23)

  Canadian Money Brief • Friday, October 23, 2026 The Bank of Canada decision is five days away, the TSX gave back most of Wednesday's gains, and oil is flirting with US$100 again. Here are the five things Canadian wallets need to know today. 1. Markets Lean Toward a Bank of Canada Hike on Oct. 28 A decision that looked like a ninth straight hold is now a genuine coin flip with a hawkish tilt. After Governor Tiff Macklem warned that there is "no resolution in sight" for the Middle East conflict, BMO and Desjardins flipped to a hike call, Scotiabank firmed up its call and Goldman Sachs joined them, all looking for a quarter-point move to 2.50%. Overnight swaps priced about an 87% chance of a hike earlier this week, though other economists still argue for a hold, pointing to September's 68,000 job losses and a 6.5% unemployment rate. What it means for you: A quarter-point hike adds roughly $21 a month in interest for every $100,000 of variable-rate borrowing (HELOCs an...

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Chicken & Broccoli Casserole

 


This one-pan chicken and broccoli casserole is prepared in a skillet on the stovetop, then finished in the oven until it's browned, cheesy and bubbling. Serve with a crunchy green salad.

Ingredients

  • 1 tablespoon canola oil
  • 1 ½ pounds boneless, skinless chicken breasts, trimmed and cut into bite-size pieces
  • 1 small onion, finely chopped
  • ⅓ cup all-purpose flour
  • 4 cups reduced-fat milk
  • 3 cups broccoli florets
  • 2 tablespoons water
  • 2 9-ounce packages precooked brown rice
  • 1 ½ cups shredded reduced-fat sharp Cheddar cheese
  • 1 teaspoon dry mustard
  • ½ teaspoon garlic powder
  • ¾ teaspoon salt
  • ½ teaspoon ground pepper
  • 1 cup prepared crispy fried onions

Directions

  1. 1. Preheat oven to 400°F.

  2. 2.Heat oil in a large high-sided ovenproof skillet over medium-high heat. Add chicken and chopped onion; cook, stirring occasionally, until the chicken is no longer pink on the outside, about 7 minutes. Sprinkle the mixture with flour and cook, stirring occasionally, for 1 minute. Add milk to the pan and bring to a boil, stirring frequently. (Be careful, the pan will be very full.) Boil, stirring, for 1 minute.

  3. 3. Meanwhile, place broccoli and water in a microwave-safe container. Cover and microwave on High until the broccoli is tender, about 3 minutes. Drain.

  4. 4. Remove the pan from the heat and carefully stir in rice, cheese, dry mustard, garlic powder, salt, pepper and the broccoli. Sprinkle with crispy onions.

  5. 5. Bake the casserole until bubbling at the edges, about 10 minutes. Let stand for 5 minutes before serving.

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