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BoC Set to Hike Into a Weak Economy: What It Means for You

  Canadian Money Brief • Feature Monday, October 26, 2026 • Written ahead of the 9:45 a.m. ET decision on Wednesday, Oct. 28 The Bank of Canada is about to do something that looks backwards. Jobs are disappearing, the housing market is sluggish, and yet money markets and most economists expect the central bank to raise its key rate on Wednesday. If it happens, your budget gets squeezed from two directions at once: higher borrowing costs and a shakier job market. The short version • Expected move: +0.25 point to 2.50% on Oct. 28, up from 2.25% • Reuters poll: 56% of economists (19 of 34) call for a hike, and a majority see one more by end of March • Why now: energy-driven inflation (3.1% in September) and a bank worried it spreads • The catch: 68,300 jobs lost in September , unemployment at 6.5% Why would the bank hike when the economy is wobbling? Reuters reports the Bank of Canada is expected to raise its rate as a pre-emptive strike: the goal is to stop an oil-driven jump in p...
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The Changing Face of Cancer: A New Hope for Patients

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Cancer is a disease that has affected millions of people worldwide. Over the years, there have been significant advancements in cancer research and treatment. These advancements have led to a change in the face of cancer. Today, cancer is no longer a death sentence, and people are living longer and healthier lives after being diagnosed with cancer.

In recent years, there has been a significant increase in the number of cancer survivors. This is due to the development of new treatments and therapies that are more effective in treating cancer. Additionally, there has been a greater emphasis on early detection and prevention, which has helped to reduce the number of cancer cases.

Despite these positive changes, there is still much work to be done. Cancer remains a significant health challenge, and more research is needed to find a cure. However, the progress that has been made in recent years is a cause for hope and optimism.

In conclusion, the face of cancer is changing, and it is changing for the better. With new treatments and therapies, as well as a greater emphasis on early detection and prevention, there is hope for a future where cancer is no longer a life-threatening disease. The fight against cancer is far from over, but the progress that has been made is a reason to be optimistic.


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