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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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Cancer Prevention and Risk Reduction: A Comprehensive Guide

Cancer is a disease that affects millions of people worldwide. While there is no guaranteed way to prevent cancer, there are several steps you can take to reduce your risk of developing it. According to the Canadian Cancer Society, about 4 in 10 cancer cases can be prevented through healthy living and policies that protect the health of Canadians. Here are some tips to help you reduce your risk of cancer:

  1. Live smoke-free: The single most important thing you can do to reduce your risk of cancer is to live smoke-free.
  2. Eat well: Eating well is an important part of reducing your cancer risk. A healthy diet should include plenty of fruits, vegetables, and whole grains.
  3. Maintain a healthy body weight: Besides living smoke-free, having a healthy body weight is one of the best things you can do to reduce cancer risk.
  4. Move more, sit less: Not enough physical activity and too much sitting increases your cancer risk. Aim for 30 minutes of activity every day and take frequent, short breaks from sitting.
  5. Limit alcohol: Drinking any type or amount of alcohol increases your risk of developing cancer. The less alcohol you drink, the lower your cancer risk.

In addition to these tips, the Mayo Clinic recommends avoiding tobacco, protecting your skin from the sun, and checking your family history for cancer diagnoses. It’s important to note that while these tips can help reduce your risk of cancer, they are not a guarantee against the disease. If you have concerns about your cancer risk, talk to your doctor.


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