Skip to main content

Featured

5 Things to Know Today: BoC Hike Odds, Fixed Rates, Tariff Swap, $100 Oil & Budget Countdown (Oct. 25)

  Canadian Money Brief • Sunday, October 25, 2026 A big week for your wallet starts Wednesday. Here are the five things Canadians should know before it begins. 1 The Bank of Canada decides Wednesday, and markets lean toward a hike The Bank of Canada announces its rate decision at 9:45 a.m. ET on Wednesday, Oct. 28, alongside a new Monetary Policy Report. Prediction markets price roughly a 79% chance of a quarter-point hike to 2.50%, up sharply after Governor Tiff Macklem’s hawkish comments at the IMF meetings, though analysts remain split and some expect a “hawkish hold.” The U.S. Fed also decides that day. What it means for you: Variable-rate mortgage and HELOC holders feel it first. A 0.25-point hike works out to roughly $70 more per month on a $500,000 variable mortgage (25-year amortization), and prime would move from 4.45% to 4.70%. A hold means little change until the next decision on Dec. 9. 2 Fixed mortgage rates have already moved without the Bank Fixed rates follow bond ...
Post a Comment
Read more

article

Labels

Hezbollah Confirms Seventh Senior Commander Killed in Recent Israeli Strikes

 

In a series of escalating confrontations, Hezbollah has confirmed the death of its seventh senior commander, Nabil Kaouk, in recent Israeli airstrikes. Kaouk, who served as the deputy head of Hezbollah’s Central Council, was killed on Saturday, marking a significant blow to the Lebanese militant group.

Kaouk’s death follows a string of targeted strikes by Israel that have claimed the lives of several high-ranking Hezbollah officials, including founding members who had long evaded capture or assassination. These strikes have intensified over the past week, with Hezbollah confirming the deaths of multiple senior leaders.

The Israeli military has stated that these operations are part of a broader campaign to dismantle Hezbollah’s leadership and operational capabilities. The recent airstrikes have also resulted in significant civilian casualties and displacement, with over 1,000 people reported dead and hundreds of thousands forced to flee their homes.

Hezbollah, in response, has continued to launch rockets and missiles into northern Israel, although most have been intercepted or have landed in uninhabited areas. The conflict has brought the region to the brink of a wider war, raising concerns about a potential escalation into a full-scale regional conflict.

Kaouk, a veteran member of Hezbollah since the 1980s, played a crucial role in the group’s military operations, particularly during the 2006 war with Israel. His death is seen as a significant loss for Hezbollah, which has vowed to continue its resistance against Israeli aggression.

The situation remains highly volatile, with both sides showing no signs of backing down. The international community continues to call for restraint and a return to negotiations to prevent further loss of life and instability in the region.


Labels:

Comments

Post a Comment