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5 Things to Know Today: Canada’s CPI, Alberta’s Vote and Oil Near $100 (Oct. 18)

  Canadian Money Brief • Sunday, October 18, 2026 Markets are closed, but Monday is packed: Canada's September inflation reading, a high-stakes Alberta referendum and a Bank of Canada decision just ten days away. Here are the five things that matter for your wallet today. 1. Canada's September CPI lands Monday, 9 days before the BoC decision Statistics Canada releases September inflation Monday at 8:30 a.m. ET. A Reuters/LSEG poll of economists expects 3.2% (up from 3.0% in August); TD also sees 3.2%, while RBC expects 3.0% for a third straight month. Core inflation is expected to stay soft, around 1.8%-1.9%. The Bank of Canada also publishes its Business Outlook Survey Monday, and the policy rate (2.25%) is decided Oct. 28. What it means for you: A hot core number would raise odds of a hike, which hits variable-rate mortgages and HELOCs first. A soft core number with headline driven by gas supports the "hold" camp. 2. Alberta votes Monday on ten referendum questio...
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Netflix and Tech Earnings Lift S&P 500 to New Record

 

The S&P 500 index reached a new all-time high on Wednesday, as strong earnings reports from technology companies boosted investor confidence. Netflix was the star performer, surging 10% after adding more subscribers than expected in the fourth quarter of 2023. The streaming giant also announced plans to buy back up to $5 billion of its shares this year.

Other tech firms also delivered impressive results, such as ASML, the world’s largest supplier of chip-making equipment, which saw its orders more than triple in the fourth quarter. Microsoft also hit a record high, becoming the first company to surpass $3 trillion in market value.

The tech-heavy Nasdaq 100 index rose 0.7%, outperforming the Dow Jones Industrial Average, which fell 0.3%. The Dow was dragged down by losses in Boeing, Chevron, and Goldman Sachs.

Meanwhile, the TSX Composite index edged lower by 0.1%, as gains in energy and materials stocks were offset by declines in financials and industrials. The Canadian dollar weakened against the US dollar, as the Bank of Canada kept its key interest rate unchanged at 0.25%.

Investors are now looking ahead to the European Central Bank’s policy meeting on Thursday, where it is expected to maintain its ultra-loose monetary stance and signal its readiness to support the euro zone economy amid rising Covid-19 cases and lockdowns.

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