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Monday’s CPI Could Decide Your Next Mortgage Payment

  Canada lost 68,000 jobs in September. Inflation is sitting at 3%. The Bank of Canada has to decide on October 28 which of those facts matters more, and on Monday morning one more number lands to help it choose. If you carry a variable-rate mortgage, a HELOC or a renewal this winter, that number has a price tag. Two reports pulling in opposite directions The jobs data came first. Statistics Canada reported on October 9 that employment fell by 68,000 in September, pushing the unemployment rate to 6.5% from 6.4%. It followed a drop of about 42,000 in August, which means more than half of the 181,000 jobs gained between April and July have now been wiped out. Ontario shed 20,000 positions on its own. Markets reacted within hours: the odds of a quarter-point Bank of Canada hike on October 28 dropped to roughly 25% from about 40%, according to LSEG data reported by Reuters. Inflation is telling the opposite story. The consumer price index rose 3.0% year over year in August, matching Ju...
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Trump Shooting Incident: Secret Service Confirms RNC Security Plans Unchanged; New Shooter Details Emerge


In the wake of a shooting incident involving former President Donald Trump, the Secret Service has announced that there will be no changes to the security plans for the upcoming Republican National Convention (RNC). The agency reassured the public that current security measures are robust and sufficient to handle any potential threats.

Incident Overview

The shooting occurred during a public appearance by Trump, leading to immediate lockdown procedures and a rapid response from law enforcement and medical personnel. Trump was quickly escorted to safety by his Secret Service detail, and no serious injuries to the former president were reported.

Security Measures

The Secret Service has emphasized that their security protocols are comprehensive and adaptable, designed to protect high-profile individuals under any circumstances. Despite the incident, officials have decided that the existing plans for the RNC remain appropriate and effective.

Details on the Shooter

New information about the shooter has begun to emerge. Preliminary investigations indicate that the individual acted alone. Authorities are delving into the shooter's background, motives, and any potential affiliations. 

Community and Political Reactions

The incident has sparked reactions across the political spectrum, with leaders from both parties condemning the violence and calling for a thorough investigation. The event has also heightened concerns about the safety of political figures and the importance of robust security measures at major events. 

Conclusion

As the investigation continues, the Secret Service's decision to maintain the current RNC security plan highlights their confidence in the existing measures. Meanwhile, the nation watches closely as more details about the shooter and their motives come to light.

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