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Macklem Just Raised the Inflation Alarm: What Monday’s CPI Means for Your Wallet

  Canadian Money Brief  |  Sunday, October 18, 2026  |  Written ahead of Monday’s 8:30 am ET inflation release Bank of Canada Governor Tiff Macklem has just told Canadians what the central bank is about to say on October 28: its inflation forecast is going up, and by a lot. The reason is oil. With the Middle East conflict dragging on, shipments still curtailed and refinery capacity damaged, he said the risk that inflation broadens and lingers has gone up. Speaking to reporters from Bangkok on Saturday, he framed the coming decision as a simple question: will inflation drift back toward 2% on its own, or does the Bank need to raise rates to nudge it there? Monday is the first real clue. Here is what is landing, what economists expect, and what it could mean for your gas bill, your grocery cart, your heating costs and your mortgage. 3.0% August CPI, year over year 3.2% September consensus (Reuters poll) 2.25% BoC policy rate, unchanged for nearly a year Oct 28 Rat...
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Top Ski Destinations in North America for an Unforgettable Winter Getaway

 

Winter enthusiasts rejoice! Whether you're a seasoned skier or a snowboarding novice, North America offers a plethora of world-class ski resorts that cater to every level of expertise. From the powdery slopes of the Rockies to the charming villages of the East Coast, here are some of the best ski resorts that should be on your must-visit list this winter:


1. Whistler Blackcomb, British Columbia, Canada

Nestled in the Coast Mountains, Whistler Blackcomb is the largest ski resort in North America. With over 8,000 acres of skiable terrain, it offers an array of runs for all skill levels. The vibrant après-ski scene, luxurious accommodations, and breathtaking alpine scenery make it a top choice for winter sports enthusiasts.

2. Aspen Snowmass, Colorado, USA

Aspen Snowmass boasts four mountains of varied terrain, ensuring there's something for everyone. Whether you're looking for challenging black diamond runs or gentle slopes for beginners, Aspen has it all. The town of Aspen itself is renowned for its upscale dining, shopping, and cultural events, making it a perfect blend of outdoor adventure and urban sophistication.

3. Vail, Colorado, USA

Vail is synonymous with skiing excellence. Its expansive back bowls and immaculately groomed trails offer some of the best skiing in the world. The charming alpine village, with its European-inspired architecture and lively après-ski atmosphere, adds to the resort's allure.

4. Jackson Hole Mountain Resort, Wyoming, USA

For those seeking a more rugged and challenging experience, Jackson Hole is a dream come true. Known for its steep terrain and deep powder, it's a haven for advanced skiers and thrill-seekers. The stunning Teton Mountain Range provides a dramatic backdrop, and the nearby town of Jackson offers a taste of the Old West.

5. Mont Tremblant, Quebec, Canada

Mont Tremblant is the premier ski resort on the East Coast. With a picturesque pedestrian village and a variety of slopes, it's perfect for families and beginners. The resort's charming European-style architecture and vibrant cultural scene add to its unique charm.

6. Park City Mountain Resort, Utah, USA

Home to the largest ski area in the United States, Park City Mountain Resort is a favorite among winter sports enthusiasts. With its diverse terrain, excellent snow conditions, and a historic downtown area filled with shops and restaurants, it's an ideal destination for a winter getaway.


Each of these ski resorts offers a unique blend of exceptional skiing, stunning scenery, and unforgettable experiences. So, whether you're carving your way down the slopes or relaxing by the fire, these top destinations promise a winter escape like no other. 



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