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5 Things to Know Today: US CPI, BoC Minutes, Oil Below US$90 (Nov. 10)

  Tuesday, November 10, 2026. U.S. inflation data, Bank of Canada minutes and a sharp slide in oil headline your morning. Here is what matters for your wallet. 1. US inflation report lands at 8:30 a.m. ET Economists expect October U.S. consumer prices to rise 0.3% from September, slower than the 0.6% jump the month before, with core prices up 0.2%. There will be no annual rate this time because last year's government shutdown left a gap in the October 2025 data. Strong U.S. jobs numbers on Friday have already pushed the odds of a Fed rate hike on December 9 above 65%. What it means for you: U.S. rate expectations move Canadian bond yields, which set fixed mortgage rates, and they swing the loonie. A hot reading could push yields higher; a cool one could give borrowers a little breathing room. 2. Bank of Canada releases its rate-hike minutes at 1:30 p.m. ET The central bank publishes its summary of deliberations on the October 28 decision, when it raised its policy rate by a qua...
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Ottawa Prepares for Trump 2.0: Reinforcing Border Security

 

As President-elect Donald Trump gears up for his second term, Ottawa is taking proactive measures to ensure the security of Canada's borders. With Trump's aggressive immigration policies and mass deportation plans, Canadian officials are preparing for a potential influx of migrants seeking refuge.

Deputy Prime Minister Chrystia Freeland has emphasized that Canada's borders are "safe and secure" and that the country will continue to control who enters. The Royal Canadian Mounted Police (RCMP) have been preparing for months, anticipating increased migrant traffic at the border. Measures include acquiring more police cruisers, setting up permanent or semi-permanent buildings, and chartering buses to transport migrants if necessary.

Freeland's message to Canadians is clear: "We control our borders. Every Canadian has the absolute right to expect that our country chooses who comes here and who doesn't". This stance aims to reassure the public and deter any potential surge of undocumented immigrants fleeing the United States.

As the situation unfolds, Ottawa remains vigilant, ready to adapt to the challenges posed by Trump's immigration policies and ensure the safety and security of Canada's borders.

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