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Canadian Money Brief: 5 Things to Know Today — May 18, 2026

  A quick scan of the five stories shaping your wallet right now — from the Bank of Canada's next big decision to your mortgage renewal and a brand-new federal agency hunting financial criminals. 1 Bank of Canada Rate Holds at 2.25% — Next Decision Is June 10 The Bank of Canada kept its overnight policy rate steady at 2.25% at its April 29 meeting, citing a rise in energy-driven inflation and ongoing uncertainty from U.S. tariffs. Governing Council held firm while acknowledging a rate hike could become necessary if oil-linked price pressures prove persistent. The next announcement lands on Wednesday, June 10, 2026 — mark your calendar. Why it matters: Your variable-rate mortgage, HELOC, and lines of credit are directly tied to this rate. With bank prime rates sitting at 4.45%, every meeting counts. 2 Markets TSX Slips Below 34,000 as Bond Yields Spike The S&P/TSX Composite Index finished last week down close to 2%, sliding under the 34,000 mark. A global bond market selloff...

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Your daily horoscope: August 21, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Neptune’s influence on your birthday means you will need to be on top of your game when negotiating financial matters. You may want to think the best of the people you deal with but can you afford to take the chance? No you cannot.

ARIES (March 21 - April 20):

There are a number of practical problems to be dealt with and you must approach them in the right frame of mind. Do what has to be done and don’t let anyone, not even loved ones, persuade you to pull your punches. This is no time for sentiment.

TAURUS (April 21 - May 21):

You’ve done plenty for other people in recent weeks, so now do something for yourself. With the sun about to move into the most dynamic area of your chart you cannot allow emotional commitments to hold you back. Go for it 100 per cent.

GEMINI (May 22 - June 21):

Don’t be surprised if you get a bit tearful at times over the next 24 hours. You’re not cracking up but you are feeling the effects of the mental and emotional strain you have been under of late. Have a good cry if it makes you feel better.

CANCER (June 22 - July 23):

There haven’t been too many opportunities to relax of late but when the sun moves into the most social area of your chart tomorrow you should find it easier to let your hair down. Put fears and worries out of your mind and just have fun!

LEO (July 24 - Aug. 23):

You have been buzzing around non-stop in recent weeks but not even a Leo can keep up this level of activity forever. Give yourself permission to wind down a bit over the next few days. Let other people do the running around for a change.

VIRGO (Aug. 24 - Sept. 23):

A new solar year is about to begin and it won’t be long before the smile that has been missing from your face is back to stay. On a practical level the most important thing now is that you focus on one aim at a time. Less is more.

LIBRA (Sept. 24 - Oct. 23):

You may think you can get your way through sheer force of personality but as from tomorrow that won’t be so easy. As the sun moves into the most sensitive area of your chart you will accomplish more if you try to be a touch less intimidating.

SCORPIO (Oct. 24 - Nov. 22):

You may seem imperious and hugely self-confident to the world at large but deep down you have fears and doubts like everyone else and some of them will come to the surface today. Don’t let them hold you back. Your prospects are exceedingly good.

SAGITTARIUS (Nov. 23 - Dec. 21):

As the sun moves toward the career area of your chart your drive to succeed will become more pronounced and you will be less inclined to let friends and colleagues waste your time on trivial matters. Don’t lose your playful touch entirely though.

CAPRICORN (Dec. 22 - Jan. 20):

Life has been tough of late but conditions should get easier not long after the sun changes signs tomorrow, so stop acting as if there is a nasty surprise around every corner and start believing that only good things will occur – and they will.

AQUARIUS (Jan. 21 - Feb. 19):

You are not usually affected by jealousy but there may be moments today when you wish that someone paid you as much attention as they have been paying someone else. Could they have been doing so deliberately to see what effect it has on you?

PISCES (Feb. 20 - Mar. 20):

The sun’s move into the partnership area of your chart tomorrow will make it easy for you to reach out to other people. Decide what it is you need from them, then make your request in a confident but respectful manner. They are unlikely to refuse.

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