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5 Things to Know Today: BoC Hike Bets, TSX Slide, Oil Near $100 (Oct. 23)

  Canadian Money Brief • Friday, October 23, 2026 The Bank of Canada decision is five days away, the TSX gave back most of Wednesday's gains, and oil is flirting with US$100 again. Here are the five things Canadian wallets need to know today. 1. Markets Lean Toward a Bank of Canada Hike on Oct. 28 A decision that looked like a ninth straight hold is now a genuine coin flip with a hawkish tilt. After Governor Tiff Macklem warned that there is "no resolution in sight" for the Middle East conflict, BMO and Desjardins flipped to a hike call, Scotiabank firmed up its call and Goldman Sachs joined them, all looking for a quarter-point move to 2.50%. Overnight swaps priced about an 87% chance of a hike earlier this week, though other economists still argue for a hold, pointing to September's 68,000 job losses and a 6.5% unemployment rate. What it means for you: A quarter-point hike adds roughly $21 a month in interest for every $100,000 of variable-rate borrowing (HELOCs an...

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Escaped Monkeys from South Carolina Lab Embark on Unexpected Adventure

 

 In an unexpected turn of events, 43 rhesus macaques have escaped from the Alpha Genesis research facility in Yemassee, South Carolina. The monkeys, bred for medical research, made their break for freedom after an employee failed to fully secure a door during routine feeding and checks.

The monkeys have been spotted in the woods near the facility, and efforts are underway to recapture them using food as bait. Alpha Genesis CEO Greg Westergaard remains optimistic about their safe return, stating, "I think they are having an adventure".

Authorities have assured the public that the monkeys pose no health risk, as they are pathogen-free and harmless. However, residents are advised to keep their distance and report any sightings to local authorities to avoid making the monkeys more skittish and harder to capture.

The monkeys, all female and weighing about 7 pounds each, have been seen exploring the outer fence of the compound and interacting playfully with the monkeys still inside. Police and facility workers are closely monitoring the situation to ensure a safe and swift resolution.

Eve Cooper, a biology professor at the University of Colorado Boulder, cautions that while the monkeys are generally harmless, they can become aggressive if frightened. She advises the public to maintain a safe distance and allow professionals to handle the recapture efforts.

As the search continues, the community remains hopeful for the safe return of these adventurous primates.


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