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The Bank of Canada Warns of Higher Inflation: What It Means for Your Money

  The Bank of Canada Warns of Higher Inflation: What It Means for Your Money October 29, 2026 | Canadian Money Brief Canadians could face another year of rising living costs. Here's how to protect your savings, manage your grocery bill and make smarter financial decisions. If you thought inflation was finally becoming yesterday's problem, the Bank of Canada's latest forecast delivers an important reminder: the cost of living could remain under pressure well into next year. In its October 28, 2026, Monetary Policy Report, the Bank of Canada warned that inflation is expected to remain above 3% through much of 2027 before gradually returning close to its 2% target by the middle of 2028. Higher energy prices, rising import costs and trade uncertainty are contributing to the outlook. The Bank also raised its overnight policy rate by 0.25 percentage points to 2.50% in an effort to contain inflationary pressures. For Canadian households, the message is clear: even if inflation eve...
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Trump’s Misleading Outrage: The Truth About Barron’s Graduation Ban

Former President Donald Trump recently expressed frustration over the possibility of missing his son Barron’s high school graduation due to his ongoing criminal trial. However, let’s set the record straight on what the judge actually said.

The Situation:

  • Trump’s trial centers around allegations that he paid porn actor Stormy Daniels to keep quiet about their alleged affair before the 2016 election.
  • Judge Juan Merchan received requests from Trump’s attorneys to allow him to skip trial proceedings on May 17, the same day as Barron’s graduation.

What the Judge Really Said:

  • Judge Merchan did not outright deny Trump’s request to attend Barron’s graduation.
  • He stated that it might be possible for Trump to attend the celebration, but it would depend on how the trial progresses.
  • Merchan warned that Trump could face arrest if he misses court or disrupts trial proceedings.

Trump’s Spin:

  • Trump spun the situation into an attack on what he called a “scam” trial against him.
  • His eldest son, Donald Trump Jr., labeled it “pure evil.”
  • Eric Trump criticized Merchan as “truly heartless” for not allowing a father to attend his son’s graduation.

Critics’ Perspective:

  • Critics pointed out that defendants shouldn’t receive special privileges.
  • Trump’s disingenuous spin whipped up anger on the right, even among his other sons, Don Jr. and Eric.

In summary, while Trump’s outrage may have grabbed headlines, the truth is more nuanced. Judge Merchan didn’t outright ban Trump from attending Barron’s graduation; he simply emphasized the importance of court proceedings. The situation remains fluid, and we’ll see how it unfolds as the trial continues.

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