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5 Things to Know Today: CPI Day, BoC Hike Odds & Oil Near US$108 (Oct. 19)

  Canadian Money Brief • Monday, October 19, 2026 Inflation numbers, a nervous Bank of Canada, a rising oil price and a tech selloff: it is a busy Monday for your wallet. Here are the five things worth knowing before you start your week. 1. Canada's September inflation report lands at 8:30 a.m. ET Statistics Canada releases September CPI this morning. A Reuters poll of economists expects annual inflation to have accelerated to 3.2% from 3.0% in August, with prices up about 0.2% on the month. Not everyone agrees: RBC is looking for inflation to hold at 3.0% for a third straight month. The Bank of Canada also publishes its quarterly business and consumer surveys today, which show whether firms plan to pass higher costs on to customers. This is the Bank's last look at price data before its Oct. 28 decision. What it means for you: A hotter-than-expected print makes a rate hike more likely, which would push up variable-rate mortgage and HELOC costs and could lift fixed-rate pricing...
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Alleged Collusion: Parliamentarians Face Accusations of Treason



In a recent report from the National Security and Intelligence Committee of Parliamentarians (NSICOP), shocking allegations have emerged. According to the report, sitting federal politicians are allegedly “witting” participants in foreign interference schemes. NDP Leader Jagmeet Singh minced no words, declaring these parliamentarians as “traitors to the country” for their alleged collaboration with foreign governments.

The report highlights several concerning actions by these politicians:

  1. Mobilizing Voters: Some parliamentarians are accused of working with foreign missions to mobilize voters during political campaigns.
  2. Financial Ties: Others allegedly accepted cash from foreign missions or their proxies, either knowingly or through willful blindness.
  3. Sharing Privileged Information: The report suggests that certain parliamentarians shared privileged information with foreign diplomatic officials.

While Green Party Leader Elizabeth May downplayed the report’s significance, Singh remains deeply concerned. He places the blame on the leadership of both Prime Minister Justin Trudeau and Conservative Leader Pierre Poilievre for failing to address the issue.

As the nation grapples with these serious allegations, the question remains: How will Canada respond to this breach of trust by its elected representatives? 

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