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Monday’s CPI Could Decide Your Next Mortgage Payment

  Canada lost 68,000 jobs in September. Inflation is sitting at 3%. The Bank of Canada has to decide on October 28 which of those facts matters more, and on Monday morning one more number lands to help it choose. If you carry a variable-rate mortgage, a HELOC or a renewal this winter, that number has a price tag. Two reports pulling in opposite directions The jobs data came first. Statistics Canada reported on October 9 that employment fell by 68,000 in September, pushing the unemployment rate to 6.5% from 6.4%. It followed a drop of about 42,000 in August, which means more than half of the 181,000 jobs gained between April and July have now been wiped out. Ontario shed 20,000 positions on its own. Markets reacted within hours: the odds of a quarter-point Bank of Canada hike on October 28 dropped to roughly 25% from about 40%, according to LSEG data reported by Reuters. Inflation is telling the opposite story. The consumer price index rose 3.0% year over year in August, matching Ju...

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Easy Holiday Rum Balls


An easy holiday rum balls recipe for sweet and delicious, rum-soaked cookie balls. Rum balls are the best bite-sized treat for holiday parties and festive gifting!

  • Ingredients:

    • 2 ½ cups Vanilla Wafers (crushed, about 75 wafers)
    • 1 cup Ground Pecans
    • 1 cup Confectioners’ Sugar
    • 2 tablespoons Baking Cocoa (plus 2 teaspoons)
    • ¼ cup Rum
    • 3 tablespoons Honey
    • 2 tablespoons Water
    • Additional Confectioners’ Sugar or Crushed Vanilla Wafers
  • Instructions:

    1. In a large bowl, mix together the crushed vanilla wafers, ground pecans, confectioners’ sugar, and baking cocoa.
    2. In a separate bowl, combine the rum, honey, and water.
    3. Stir the rum mixture into the dry ingredients until well combined.
    4. Shape the mixture into 1-inch balls.
    5. Roll the balls in additional confectioners’ sugar or crushed vanilla wafers.
    6. Store the rum balls in an airtight container.

Enjoy your delicious rum balls!


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