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BoC Set to Hike Into a Weak Economy: What It Means for You

  Canadian Money Brief • Feature Monday, October 26, 2026 • Written ahead of the 9:45 a.m. ET decision on Wednesday, Oct. 28 The Bank of Canada is about to do something that looks backwards. Jobs are disappearing, the housing market is sluggish, and yet money markets and most economists expect the central bank to raise its key rate on Wednesday. If it happens, your budget gets squeezed from two directions at once: higher borrowing costs and a shakier job market. The short version • Expected move: +0.25 point to 2.50% on Oct. 28, up from 2.25% • Reuters poll: 56% of economists (19 of 34) call for a hike, and a majority see one more by end of March • Why now: energy-driven inflation (3.1% in September) and a bank worried it spreads • The catch: 68,300 jobs lost in September , unemployment at 6.5% Why would the bank hike when the economy is wobbling? Reuters reports the Bank of Canada is expected to raise its rate as a pre-emptive strike: the goal is to stop an oil-driven jump in p...

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Outrage and Demands for Justice: Protests Erupt Across India After Doctor’s Brutal Murder


In the wake of a horrifying incident, India has witnessed widespread protests and outrage over the rape and killing of a young doctor at a state-run hospital. The victim, a trainee doctor at Kolkata’s RG Kar Medical College and Hospital, was found dead with extensive injuries. Her colleagues discovered her half-naked body on the podium, leading to shock and anger within the medical community and beyond.

The incident has sparked nationwide demonstrations, with doctors, paramedics, and medical students taking to the streets. Their demands include a safer working environment and justice for the victim. Thousands of doctors marched in Kolkata and other parts of West Bengal, denouncing the killing and calling for better security measures.  Government hospitals experienced disruptions as resident doctors demanded a CBI inquiry and better security, leading to suspensions of outpatient services and surgeries in various states.

The brutal crime has highlighted the chronic issue of violence against women in India. As protesters continue to raise their voices, the nation grapples with the urgent need for systemic change and accountability. The doctor’s tragic death serves as a stark reminder that safety and justice must prevail within our healthcare institutions.

Let us hope that these protests lead to meaningful reforms and a safer environment for all healthcare professionals in India. 

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