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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 ...
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Khabib Nurmagomedov Removed from Flight: Frontier Airlines Faces Backlash

 

UFC legend Khabib Nurmagomedov was recently removed from a Frontier Airlines flight following a dispute over his seat. The incident, which took place at Harry Reid International Airport in Las Vegas, has sparked significant criticism online, with many calling it a "most embarrassing airline" moment.

In a video that went viral, Nurmagomedov is seen calmly explaining to a flight attendant that he speaks English and is willing to assist in case of an emergency. Despite this, the airline staff insisted he move from his seat in the exit row. When Nurmagomedov refused, he was escorted off the plane.

Nurmagomedov took to social media to share his side of the story, stating that the crew member was "very rude from the very beginning". He also questioned whether the decision was based on racial or national bias. The video and Nurmagomedov's post have garnered widespread support from fans and fellow athletes, who criticized Frontier Airlines for their handling of the situation.

Frontier Airlines has since responded, stating that they are investigating the incident. The airline's reputation has taken a hit as social media users continue to express their disappointment and call for better treatment of passengers.

This incident highlights the importance of respectful and fair treatment of all passengers, regardless of their background or status. As the investigation continues, many are hoping for a resolution that addresses the concerns raised and prevents similar incidents in the future.




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