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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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Celebrating Women's Day: Honoring Achievements and Promoting Equality


International Women’s Day, celebrated annually on March 8th, is a global occasion to recognize the achievements of women throughout history while also advocating for gender equality. It is a day to reflect on the progress made, celebrate courage and determination, and highlight areas where further action is needed to create an equitable society for all.

The roots of Women’s Day trace back to the early 20th century, stemming from labor movements and women’s suffrage campaigns. Since then, it has grown into a worldwide movement. The day serves as a reminder of the importance of empowering women in all sectors, including education, politics, business, science, and the arts.

Each year, International Women’s Day has a theme that guides the discourse and activities. Themes often focus on breaking biases, celebrating diversity, and fostering an inclusive environment. From grassroots movements to major global initiatives, the day inspires communities and individuals alike to champion women’s rights and opportunities.

While progress has been made in areas like education and employment, challenges persist, such as pay gaps, underrepresentation in leadership roles, and issues surrounding violence and discrimination. Women’s Day encourages collective efforts to address these inequalities and create a brighter future.

Let us use this day not only to celebrate but also to commit to action—ensuring that gender parity becomes a reality. Together, we can honor the achievements of women past and present while paving the way for generations to come.



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