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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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A Solemn Reflection of Humility: The “Washing of the Feet” Ceremony in Jerusalem

 


In the heart of Jerusalem, a profound tradition unfolds as Orthodox Christians congregate to observe the “Washing of the Feet” ceremony. This sacred event, held outside the Church of Holy Sepulchre, is a testament to the enduring rituals that have been passed down through generations.

The ceremony, which took place on Thursday, saw the faithful gather in reverence and piety. The ritual is deeply symbolic, echoing the humility and service exemplified by Jesus Christ during the Last Supper, as he washed the feet of his disciples. It’s a poignant reminder of the virtues of servitude and humility that lie at the core of Christian teachings.

The Church of Holy Sepulchre, a site venerated by Christians worldwide, provides a fitting backdrop for this solemn observance. The ancient stones of the church have witnessed countless acts of devotion, and the “Washing of the Feet” is a continuation of this rich spiritual legacy.

As the world watches, the Orthodox Christian community in Jerusalem carries forward a message of humility and service, resonating with the teachings that have shaped their faith. This ceremony is not just a ritual; it is a living expression of a faith that values the act of giving over receiving, and the strength found in kneeling to serve others.

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