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Bank of Canada Says More Rate Hikes Could Be Coming: What It Means for Your Mortgage and HELOC

  Canadian Money Brief  |  November 11, 2026 Bank of Canada Says More Rate Hikes Could Be Coming: What It Means for Your Mortgage and HELOC By the MoneySavings.ca team  •  6 min read The Bank of Canada raised its key rate on October 28, the first increase since 2023. Yesterday it signalled it may not be done. The summary of deliberations, released Tuesday, says Governing Council agreed there could be a need to raise the policy rate further, while taking decisions one meeting at a time. If you carry a variable-rate mortgage or a home equity line of credit (HELOC), that is a headline worth a few minutes. Here is what the Bank said, what another hike would cost, and what you can do before the next decision on December 9 . 2.50% Policy rate since Oct 28 4.70% Big-bank prime since Oct 29 3.5% BoC CPI forecast, end of 2026 Dec 9 Next rate decision What the Bank actually said The core of the story is energy. The Bank notes that the war in the Middle East is in its eig...
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Man climbs London’s Big Ben tower waving Palestinian flag


In a striking act of protest, a man climbed the iconic Elizabeth Tower, commonly known as Big Ben, at the Palace of Westminster in London early Saturday morning. Waving a Palestinian flag and reportedly shouting "Free Palestine," the barefoot man drew the attention of onlookers and emergency services alike.

The Metropolitan Police were alerted to the incident at 7:24 AM and quickly arrived at the scene, accompanied by the London Fire Brigade and Ambulance Service. Emergency crews used an aerial ladder platform to communicate with the man and work toward a safe resolution. Westminster Bridge and nearby streets were temporarily closed, causing significant traffic disruptions.

Authorities have not yet disclosed the man's identity or motives, but the protest has sparked conversations about the ongoing Israeli-Palestinian conflict. The incident highlights the lengths to which individuals will go to draw attention to political causes. Tours of the Parliamentary Estate were canceled for the day as a precautionary measure.

The situation remains under investigation as officials work to understand the full context of the protest.

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