Skip to main content

Featured

5 Things to Know Today: BoC Hike Odds, Fixed Rates, Tariff Swap, $100 Oil & Budget Countdown (Oct. 25)

  Canadian Money Brief • Sunday, October 25, 2026 A big week for your wallet starts Wednesday. Here are the five things Canadians should know before it begins. 1 The Bank of Canada decides Wednesday, and markets lean toward a hike The Bank of Canada announces its rate decision at 9:45 a.m. ET on Wednesday, Oct. 28, alongside a new Monetary Policy Report. Prediction markets price roughly a 79% chance of a quarter-point hike to 2.50%, up sharply after Governor Tiff Macklem’s hawkish comments at the IMF meetings, though analysts remain split and some expect a “hawkish hold.” The U.S. Fed also decides that day. What it means for you: Variable-rate mortgage and HELOC holders feel it first. A 0.25-point hike works out to roughly $70 more per month on a $500,000 variable mortgage (25-year amortization), and prime would move from 4.45% to 4.70%. A hold means little change until the next decision on Dec. 9. 2 Fixed mortgage rates have already moved without the Bank Fixed rates follow bond ...
Post a Comment
Read more

article

Labels

The Air We Breathe: Asia’s Pollution Crisis


Asia is facing a severe air pollution crisis, with rampant pollution affecting more than half of the world’s population. The air quality has deteriorated to such an extent that it is now considered unsafe to breathe. This environmental challenge has far-reaching implications, not only for public health but also for the economy and quality of life.

Key Points:

  • Widespread Impact: The pollution crisis in Asia is extensive, impacting a significant portion of the global population.
  • Health Hazards: Unsafe air quality poses serious health risks, leading to respiratory problems and other illnesses.
  • Economic Consequences: The persistent pollution can have detrimental effects on the economy, potentially hindering growth and productivity.
  • Call for Action: Addressing this issue requires urgent attention and action from governments, communities, and individuals to improve air quality and safeguard public health.
Labels:

Comments

Post a Comment