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Bank of Canada Says More Rate Hikes Could Be Coming: What It Means for Your Mortgage and HELOC

  Canadian Money Brief  |  November 11, 2026 Bank of Canada Says More Rate Hikes Could Be Coming: What It Means for Your Mortgage and HELOC By the MoneySavings.ca team  •  6 min read The Bank of Canada raised its key rate on October 28, the first increase since 2023. Yesterday it signalled it may not be done. The summary of deliberations, released Tuesday, says Governing Council agreed there could be a need to raise the policy rate further, while taking decisions one meeting at a time. If you carry a variable-rate mortgage or a home equity line of credit (HELOC), that is a headline worth a few minutes. Here is what the Bank said, what another hike would cost, and what you can do before the next decision on December 9 . 2.50% Policy rate since Oct 28 4.70% Big-bank prime since Oct 29 3.5% BoC CPI forecast, end of 2026 Dec 9 Next rate decision What the Bank actually said The core of the story is energy. The Bank notes that the war in the Middle East is in its eig...
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Macron Faces Farmer Fury: Protests Erupt at Paris Agricultural Fair

 


French President Emmanuel Macron encountered a chorus of boos and whistles as he stepped onto the stage at the Paris Agricultural Fair. The disgruntled farmers, their frustrations simmering, squarely pointed fingers at Macron, accusing him of insufficient support for their struggling industry.

For months, farmers across France have raised their voices in protest. Their grievances echo through the rolling fields and bustling markets. They demand better living conditions, streamlined regulations, and robust protection against what they perceive as unfair foreign competition. The stakes are high, and the agricultural sector’s survival hangs in the balance.

As the fair gates swung open, several dozen protesters breached security barriers, their anger palpable. Macron, scheduled to address the crowd, faced a sea of discontent. Riot-clad police formed a human shield, preventing the demonstrators from reaching the president. Whistles pierced the air, and slogans called for his resignation.

In a separate room, Macron met with representatives from France’s main farmers’ unions. He acknowledged their plight, promising “floor prices” for agricultural products to stabilize incomes. An emergency relief plan for struggling farms would kick off imminently. But the farmers pressed him further. “Give oxygen to the farmers,” one implored. Macron defended his administration’s efforts, emphasizing that progress had been made.

The Paris Agricultural Fair, delayed by hours due to the protests, eventually commenced. Macron, surrounded by Normandy cows and wheels of camembert cheese, navigated the exhibition. Whistles persisted, punctuating his interactions with farmers. Meanwhile, across Europe, agricultural communities rallied against bureaucratic hurdles and restrictive environmental rules.

As the sun dipped below the horizon, the fairgrounds buzzed with tension. Macron’s promise of change hung in the air, a delicate balance between political resolve and farmer fury.


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