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5 Things to Know Today: BoC Minutes, U.S. CPI and Cheaper Gas (Nov. 8, 2026)

  Canadian Money Brief • Sunday, November 8, 2026 Markets are closed until Monday, but the week ahead is loaded: two Bank of Canada releases, a key U.S. inflation report and some welcome relief at the pump. Here are five things to know today, and what each means for your wallet. 1. Two Bank of Canada releases land early this week The Bank of Canada publishes its Q3 Market Participants Survey Monday at 10:30 a.m. ET, then the summary of deliberations behind its Oct. 28 rate decision Tuesday at 1:30 p.m. ET. The Bank raised its policy rate 25 basis points to 2.50% that day, its first hike since July 2023, and signalled more tightening was possible if energy costs spill into broader prices. The minutes were written before the post-midterm oil drop, so watch how hawkish the tone is. What it means for you: If you have a variable-rate mortgage or a HELOC, the minutes help show whether another hike is on the table at the next decision on Dec. 9. A hawkish read keeps pressure on borrowin...
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Escalating Protests in Bangladesh Result in Over 20 Deaths and Hundreds Injured

 

The unrest started in July when students called for an end to a quota system that reserved 30% of government jobs for relatives of veterans. The situation escalated into widespread violence, prompting authorities to close schools and universities, block internet access, and impose a shoot-on-sight curfew. Despite these measures, the protests have continued, with demonstrators urging non-cooperation by not paying taxes or utility bills and not showing up for work.

In Dhaka, the capital city, protesters attacked Bangabandhu Sheikh Mujib Medical University, torching several vehicles. Police responded with tear gas to disperse crowds blocking major highways. The violence has spread to multiple districts, with reports of crude bombs being detonated and gunshots heard.

The ongoing clashes have resulted in significant casualties and widespread disruption, highlighting the deepening political crisis in Bangladesh.


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