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5 Things to Know Today: BoC Decision Day, Fed, Loonie, Tariff Talks and OAS Boost

  Canadian Money Brief 5 Things to Know Today Wednesday, October 28, 2026 It’s a heavy day for Canadian wallets. The Bank of Canada announces its rate decision this morning, the U.S. Fed follows this afternoon, tariff talks are heating up, and bigger OAS deposits land in bank accounts. Here’s what to know. 1 The Bank of Canada decides this morning — a hike is widely expected The decision lands at 9:45 a.m. ET, along with a new Monetary Policy Report. Markets and economists expect a quarter-point increase to 2.50% from 2.25%, which would be the first hike since July 2023. Nineteen of 34 economists in a Reuters poll called for the move, and investors were pricing roughly a 75% chance on Tuesday. The case for it: inflation hit 3.1% in September, driven almost entirely by energy, even as core measures eased below 2%. What it means for you A hike would likely lift prime rates quickly, so variable-rate mortgages and HELOCs feel it first. Roughly, 0.25 points adds about $250 a year per $...

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How Tiny Forests Can Help Fight Climate Change and Boost Biodiversity

 

Climate change and biodiversity loss are two of the most pressing environmental challenges of our time. But what if there was a simple and effective way to tackle both at once? Enter the tiny forest: a dense, fast-growing native woodland, usually about the size of a tennis court, that can provide multiple benefits for people and nature.

Tiny forests originated in Japan, where botanist Akira Miyawaki developed a method to plant a variety of native trees and shrubs in a small area, mimicking the natural succession of a forest. His goal was to restore the native vegetation that had been lost due to deforestation and urbanization. Since then, the concept has spread to many countries, including Canada, where several tiny forest projects have been launched in recent years.

According to research, tiny forests can capture more carbon, more quickly than conventional tree planting, as the trees and shrubs grow faster and compete for light. They can also support a rich diversity of wildlife, such as birds, butterflies and insects, creating a mini-ecosystem in urban areas. Moreover, they can improve air quality, reduce noise pollution, and provide a place for people to connect with and learn about nature.

Tiny forests are also low-maintenance and cost-effective, as they require little watering and weeding after the first few years. They can be planted in vacant lots, neglected parks, or along busy roads, making use of underutilized spaces. They can also involve local communities, schools, and businesses, who can participate in the planting and monitoring of the forests.

Tiny forests are not a silver bullet for the environmental crisis, but they are a powerful tool that can make a difference at a local scale. By planting more tiny forests, we can help fight climate change and boost biodiversity, while also enhancing the well-being and resilience of our cities.

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